[ad_1] Bharti Airtel, one of India’s largest telecom operators, announced on September 30 that it has prepaid ₹8,465 crore to the Department of Telecom (DoT), clearing its deferred dues for spectrum acquired in 2016. These liabilities, which carried an interest rate of 9.3%, have been fully repaid ahead of schedule to reduce the company’s debt […]
Bharti Airtel becomes 4th Indian company to achieve ₹10 lakh crore in market capitalisation – CNBC TV18
[ad_1] Shares of Bharti Airtel hit yet another record of ₹1,711.70 on Thursday (September 19) and became the fourth Indian company to achieve the ₹10 lakh crore in market capitalisation. The combined valuation of its partly and fully paid-up shares surpassed the milestone as the company added ₹1 lakh crore to its valuation in just […]
Macquarie upgrades Bharti Airtel to ‘overweight’, raises target price to ₹1,630 per share – CNBC TV18
[ad_1] Macquarie has turned bullish on Bharti Airtel, upgrading its call on the telecom service provider to ‘Outperform’ while raising its target price on the stock by ₹350. The new target price is a 10% premium over the stock’s closing price on Wednesday, August 14. Macquarie expects the company’s Return on Invested Capital (ROIC) to […]