Bharti Airtel Ltd

Bharti Airtel Ltd is world’s leading provider of telecommunication services with presence in 16 countries across Asia and Africa. It had over 444 million customers across its operations at the end of September 2018.

Outlook and Valuation: We believe near-term challenges will persist in India’s mobility segment considering Reliance Jio’s aggressive push to grab subscriber market share. Though ARPU is expected to remain under pressure in the near term due to downtrading of subscribers, it is expected to recover in the medium to long term considering ongoing consolidation in the sector and industry repair, which will help Airtel drive market share gains. We believe deleveraging of balance sheet with USD1.25bn equity infusion in the Africa business will help company meet rising investment in network. Further, higher data consumption driven by increasing smartphone penetration & investments in up-gradation and expansion of network towers and increase in content consumption will drive next phase of growth for Bharti Airtel. Hence, we recommend ‘BUY’ rating on the stock with a TP of Rs. 329 based on SOTP methodology.

MORE WILL UPDATE SOON !!

Comments

Income Tax Deductions List FY 2018-19 | List of important Income Tax Exemptions for AY 2019-20

Budget 2018-19 & the Finance Bill 2018 have been tabled in Parliament. The Income Tax Slab rates have been kept unchanged by the Finance Minister for the Financial Year 2018-19 (Assessment Year 2019-2020) . Tax planning is an important part of a financial plan. Whether you are a salaried individual, a professional or a businessman, you can save taxes to certain extent through proper tax planning. The Indian Income Tax act allows for certain Tax Deductions / Tax Exemptions which can be claimed to save tax. You can subtract tax deductions from your Gross Income and your taxable income gets reduced to that extent. In this post, let us go through the Income Tax Deductions List FY 2018-19 . I hope you find this list useful and helps in planning your taxes well in advance. Income Tax Deductions List FY 2018-19 / AY 2019-20 (Chapter VI-A deductions list) Section 80c The maximum tax exemption limit under Section 80C has been retained as Rs 1.5...

Accumulate ICICI Bank, target Rs 386

Traders can accumulate the stock in a range of Rs 360-364 for the upside target of Rs 386 levels and a stop loss below Rs 345. For more than six weeks, ICICI Bank has been trading in a broader range of Rs 340-365 and is maintaining well above its short and long-term moving averages. At the current juncture, the stock formed an inverted head and shoulder pattern on the daily interval chart. Additionally, the positive divergences on secondary indicators are pointing toward upward movement in prices. So, traders can accumulate the stock in a range of Rs 360-364 for the upside target of Rs 386 levels and a stop loss below Rs 345. MORE WILL UPDATE SOON!!

How to Stop Overspending of money?

When I first asked myself about “how to stop overspending”, I did not knew that its answer will not be easy. I had to code a whole new financial planning calculator to find a deeper answer. The main purpose of this article is to provide you this financial planning calculator which may eventually help you to prevent your overspending’s. We all have overspent on our days of enthusiasm, right? But this is particularly worrying for people who are more impulsive in purchases. Everyone has their own typical behaviour when it comes to overspending. Generally speaking, people tend to spend more on the following items: Food. Clothes/accessories. Gadgets. Automobiles Home Purchase. Entertainment. Vacation Etc. The reason because you are reading this article says that, you have realised that you may be overspending. So now, you want to know how to stop overspending? Though there can be a thesis written on causes and remedies of overspending, but I will not bore you ...

IndianMarketPulse-Investment Advice

Search This Blog