Fundamental & Technical Outlook of Bharthi Airtel Ltd
Fundamentals
is a leading telecom player with operations in 18 countries and a strong presence in India and Africa. It operates across mobile, broadband, DTH, and digital services, giving it diversified revenue streams. The company holds around 37% market share and serves 350M+ users in India.
Financially, it has a market cap of ₹11.5 lakh crore and trades near ₹1,887. Profitability is healthy with ROE of 23.2% and strong 3-year profit growth of 83%. ARPU stands at ₹209, with a target of ₹300 supported by recent tariff hikes. However, high debt (₹2.08 lakh crore, D/E 1.77) remains a key concern, though expected lower capex post-5G may improve cash flows.
Technicals
- On the daily chart, the stock is stabilizing near ₹1,800–₹1,820 support and facing resistance around ₹1,900–₹1,920.
- On the weekly chart, the trend remains bullish with a higher low near ₹1,780, indicating a healthy pullback.
- On the monthly chart, the stock is in a strong uptrend with major support at ₹1,700–₹1,750 and resistance near ₹2,100–₹2,200.
I have attached a detailed research report of for your reference.
Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.
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