Wednesday, August 8, 2012

Stock Analysis: BhartiAirtel

In the first quarter of fiscal 2013, Bharti Airtel 's net profit decreased by 24.2 per cent to Rs 762.2 crore. In Fiscal year 2012 from January to March quarter net profit of Airtel was 1,006 crore. The fiscal year of 2013 April-June quarter, Bharti Airtel's sales reached 3.3 per cent to Rs 19350.1 crore rupees while in the fourth quarter of fiscal year 2012 was 18729 Crore. In April - June quarter, on a quarterly basis EBITDA of Bharti Airtel was down from Rs 6233 crore to 5849. In the first quarter by quarter, EBITDA margin decreased from 33.3% to 30.2% 
However the market is trading with positive note, the Stock of bharti Airtel doesn't seem to do well today. The stock is currently trading around its day low and expected to touch a low below 280. Traders can for long to short term investment at lowers levels.


Posted By Commodity MCX Tips