Buy Bharti Airtel, target Rs 516.30: ICICI Direct

Buy Bharti Airtel at a price target of Rs 516.30 and a stop loss at Rs 500.50 from entry point.

ICICI Direct has a buy call on Bharti Airtel with a target price of Rs 516.30.

The current market price of Bharti Airtel is Rs 498.55.

Time period given is intraday when Bharti Airtel price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 500.50.

Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 2,01,129.19 Crore) operating in Telecommunications sector.

The company’s top management includes Mr.Ben Verwaayen, Mr.Craig Ehrlich, Mr.D K Mittal, Mr.Gopal Vittal, Mr.Manish Kejriwal, Mr.Rakesh Bharti Mittal, Mr.Rashed Fahad Al-Noaimi, Mr.Shishir Priyadarshi, Mr.Sunil Bharti Mittal, Mr.Tao Yih Arthur Lang, Mr.V K Viswanathan, Ms.Chua Sock Koong, Ms.Tan Yong Choo.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 3,997,400,102 shares outstanding.
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