Bharti Airtel ltd-Fundamental and Technical Analysis view

CEO:  Gopal Vittal

Founder: Sunil Bharati Mittal

Founded: 1995

Large Cap Company, market cap: 252755.97 (Cr)

Website: www.airtel.in

Sector: Telecommunication

Fundamental View

The company has a good dividend track report and has consistently declared dividends for the last 5 years. As compared to last quarter loss has decreased in huge proportion as June 2020, loss was -16461 in sept 2020 loss decrease and showing figure -846, this is the good sign of top line is improving and the company is working efficiently.

QuarterlySEP 2020JUN 2020MAR 2020DEC 2019SEP 2019
Sales16,01115,04914,99113,47913,012
Other Income386610967266
Total Income16,39815,66015,08813,55213,079
Total Expenditure14,69325,80922,00516,24744,219
EBIT1,704-10,149-6,917-2,695-31,139
Interest2,8682,7913,1212,5442,056
Tax-3183,520-3,156-1,851-8,681
Net Profit-846-16,461-6,882-3,388-24,513

Technical Analysis:

Positive Divergence found on the chart as per RSI on daily basis. Price has given a positive breakout. Buying price @ 449 and target is @ 560 this chart expecting positive movement for medium-term and long-term.

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