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Buy Bharti Infratel, target Rs 440: Dr CK Narayan

Buy Bharti Infratel at a price target of Rs 440 and a stop loss at Rs 424 from entry point.

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Last Updated: Oct 13, 2017, 08.53 AM IST
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Dr CK Narayan of Chart Advise has a buy call on Bharti Infratel with a target price of Rs 440.

The current market price of Bharti Infratel is Rs 432.55.

Time period given by the analyst is intraday when Bharti Infratel price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 424.

Bharti Infratel, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 80,004.80 Crore) operating in Infrastructure sector.

Bharti Infratel key Products/Revenue Segments include Income from Infrastructure Activity which contributed Rs 6,084.70 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes 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 Deloitte Haskins & Sells LLP as its auditors.

As on 30-06-2017, the company has a total of 1,849,608,246 shares outstanding.

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