Buy Bharti Infratel, target Rs 400: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Bharti Infratel Ltd. with a target price of Rs 400.0 .The current market price of Bharti Infratel Ltd. is 378.6 Time period given by analyst is Intra Day when Bharti Infratel Ltd. price can reach defined target. Kunal Bothra recommended to keep stop loss at Rs 368.

Bharti Infratel Ltd., incorporated in the year 2006, is a largecap company with a market cap of ₹ 70026.17 crore operating in Infrastructure sector.

Bharti Infratel Ltd. key Products/Revenue Segments include Income from Infrastructure Activity which contributed ₹ 5595.70 Cr to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 1605.30 Cr., up 4.92% from last quarter Sales of ₹ 1530.00 Cr. and up 13.20% from last year same quarter Sales of ₹ 1418.10 Cr. Company has reported net profit after tax of ₹ 269.40 Cr. in latest quarter. The company’s CEO is Mr.D S Rawat. It's Board of Directors include Ms.Shweta Girotra, Mr.Dhananjay Joshi, Mr.Dipak Roy, Mr.Harjeet Kohli, Mr.Pankaj Miglani, Mr.Prashant Veer Singh, Mr.Ravinder Bansal, Mr.Raza Khan, Ms.Shweta Girotra, Mr.Akhil Gupta, Mr.Bharat Sumant Raut, Mr.D S Rawat, Mr.Jitender Balakrishnan, Mr.Lang Tao Yih Arthur, Mr.N Kumar, Mr.R P Singh, Mr.Rajan Bharti Mittal, Mr.Sanjay Omprakash Nayar, Ms.Leena Srivastava. Company has its registered office at Bharti Crescent , 1, Nelson Mandela Road,, Vasant Kunj Phase - II, New Delhi, 110070, Delhi. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2017, the company has a total of 1,849,608,246 shares outstanding.