Buy Bharti Infratel, target Rs 285: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Bharti Infratel Ltd. with a target price of Rs 285. The current market price of Bharti Infratel Ltd. is Rs 271.05. Time period given by analyst is Intra Day when Bharti Infratel Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 266. Bharti Infratel Ltd., incorporated in the year 2006, is a largecap company with a market cap of Rs 50133.63 crore.

Bharti Infratel Ltd. key Products/Revenue Segments include Income from Infrastructure Activity which contributed Rs 6618.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1720.20 Crore, up 1.37 % from last quarter Sales of Rs 1697.00 Crore and up 3.71 % from last year same quarter Sales of Rs 1658.70 Crore Company has reported net profit after tax of Rs 360.80 Crore in latest quarter. The company’s top management includes Mr.Akhil Gupta, Mr.Bharat Sumant Raut, Mr.D S Rawat, Mr.Jitender Balakrishnan, Mr.N Kumar, Mr.R P Singh, Mr.Rajan Bharti Mittal, Mr.Sanjay Nayar, Mr.Tan Yong Choo, Ms.Anita Kapur, Ms.Leena Srivastava. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 1,849,608,246 shares outstanding.