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HomeINVESTMENTBest Financial Performance Expected; More Than 20% Return Possible; Brokerage Is Bullish

Best Financial Performance Expected; More Than 20% Return Possible; Brokerage Is Bullish

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Today, in this post we’ll discuss about Bharti Airtel latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Airtel Share As per the world-renowned brokerage firm, Bharti Airtel (NSE: BHARTIARTL) is expected to have its best financial performance of the year over the last 10 years. 

According to the source, this year’s performance has improved because of a variety of reasons, such as an increase in tariff plans for 2G upgrades growth in Fiber to the Home (FTTH), and a strong business operation.

In addition, they also believe that this will result in a return of over 20%. 

In the next three years following the introduction of 5G, cash flow could increase because of less capital expenditure and will aid in deleveraging your balance sheet. Expected to boost.

Potential Of The Share

Based on this optimistic potential, the company assigned a ‘Buy’ rating to shares of the highly-publicised telecom firm Bharti Airtel, with the expectation of a growth rate of 22 percent with a goal of 1,505. 

We would like to let you know we have discovered that Bharti Airtel shares closed on the NSE on April 10 with a value of 1229.30. 

Airtel shares have given nearly 59% returns over the past year and have seen more than 19 percent growth over 2024 to date. 

It has also given positive returns in 3 of four months in the calendar year currently. Following a 9.4 percent growth during March Airtel remains at a flat rate of growth for April.

In February, it was down 4.1 percent, but in January there was an increase in the range of 13.5 percent.

reached its highest record high

The stock reached its highest record high of Rs 1,245 in the NSE on March 22nd, 2024. 

The share is currently 1.2 percent from the record high. On March 18, 2023, it set its 52-week low of 752.55 rupees 752.55 on the NSE, and from there it has risen by 63 percent. 

As per report, there are numerous reasons to explain the increase in the shares of telecom firm Bharti Airtel. 

Airtel has received an enthusiastic reaction due to an increasing its tariff, the transition between 2G and 4G, and the change in postpaid service. 

However, following the rollout of 5G, expenses will be reduced and this will boost the flow of cash.

Revenue Growth

Additionally, the great performance of the company and its expansion in Fiber to the Home (FTTH) are also considered the main reasons for the growth. 

Brokerage reports they believe that Bharti Airtel shares are cheap in comparison to the market therefore the company’s growth is growing.

If they perform well the revenue growth will be higher.

About Bharti Airtel Ltd

Bharti Airtel Limited is an international telecommunications company. The company is a global company in telecommunications that is present through five different categories:

Mobile Services, Homes Services, Digital TV Services, Airtel Business, and South Asia. Its Mobile Services India segment includes data and voice telecom services made possible by wireless technology (2G 3G / 4G/ 5G) within India. 

Its Digital TV Services segment offers both high definition and standard (HD) television services, which include 3D capabilities as well as Dolby surround audio.

It provides 706 channels, including four HD channels, 86 HD channels international channels, and four interactive services. 

Its Airtel Business segment is engaged in offering information and communication technology (ICT) services that offer various offerings for government agencies, enterprise carriers, and small and medium-sized businesses.

Fundamental Analysis of Bharti Airtel Ltd

Market Cap₹ 7,25,599 Cr.
Current Price₹ 1,226
52-wk High₹ 1,245
52-wk Low₹753
Stock P/E63.5
Book Value₹ 138
Dividend0.33 %
ROCE12.3 %
ROE12.0 %
Face Value₹ 5.00
P/B Value8.91
OPM52.3 %
EPS₹ 15.0
Debt₹ 2,17,359 Cr.
Debt to Equity2.81

Bharti Airtel Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹1200₹1400
2025₹1435₹1500
2026₹1523₹1560
2027₹1590₹1643
2028₹1700₹1800
2029₹1900₹2132
2030₹2200₹2231
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Bharti Airtel Ltd Shareholding Pattern

Promoters Holding
Dec 202255.12%
Mar 202355.02%
June 202354.97%
Sept 202354.75%
Dec  202354.57%
FII Holding
Dec 202221.70%
Mar 202320.97%
June 202321.48%
Sept 202321.87%
Dec  202322.69%
DII Holding
Dec 202219.02%
Mar 202319.78%
June 202319.55%
Sept 202319.69%
Dec  202319.51%
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Govt. Holding
Dec 20220.12%
Mar 20230.12%
June 20230.12%
Sept 20230.12%
Dec  20230.12%
Public Holding
Dec 20224.00%
Mar 20234.05%
June 20233.82%
Sept 20233.53%
Dec  20233.07%
Others Holding
Dec 20220.05%
Mar 20230.05%
June 20230.05%
Sept 20230.04%
Dec  20230.06%
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Bharti Airtel Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹80,780 Cr
2020₹84,676 Cr
2021₹100,616 Cr
2022₹116,547 Cr
2023₹148,392 Cr

Last 5 Years’ Net Profit:

2019₹1,688 Cr
2020₹-30,664 Cr
2021₹-12,364 Cr
2022₹8,305 Cr
2023₹10,716 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.69
20201.52
20212.2
20222
20231.82

Last 10 Years’ Profit Growth:

10 Years:15%
5 Years:48%
3 Years:5%
Current Year:57%

Last 10 years’ Return on Equity (ROE):

10 Years:5%
5 Years:4%
3 Years:3%
Last Year:12%

Sales Growth Over 10 Years:

10 Years:6%
5 Years:11%
3 Years:18%
Current Year:10%

Conclusion

This article is a complete guide about Bharti Airtel Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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