According to CLSA, key triggers for the stock include data revenue, cash flows driving balance sheet improvements, African operations improving and better regulatory clarity.
Shares of Bharti Airtel jumped 4 percent intraday on Wednesday. CLSA has a conviction buy on the stock with a target price of Rs 390 per share. The brokerage believes that the telecom company's stock is at an inflection point.
According to CLSA, key triggers for the stock include data revenue, cash flows driving balance sheet improvements, African operations improving and better regulatory clarity.
It believes that Bharti is best placed to ride data boom and data is likely to contribute 50 percent to mobile revenue from FY14-17. Bharti's African operations are improving and net-margin improvements are likely in 11 of its 17 markets, it adds.
At 11:54 hrs, the stock was quoting at Rs 326.50, up Rs 10.95, or 3.47 percent.
Anda sedang membaca artikel tentang
Bharti rises 4% on CLSA report, data revenue to increase
Dengan url
https://rokokkanker.blogspot.com/2014/04/bharti-rises-4-on-clsa-report-data.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Bharti rises 4% on CLSA report, data revenue to increase
namun jangan lupa untuk meletakkan link
Bharti rises 4% on CLSA report, data revenue to increase
sebagai sumbernya
0 komentar:
Posting Komentar