BHARTIARTL.BO - Bharti Airtel Limited

BSE - BSE Real Time Price. Currency in INR
303.80
+2.55 (+0.85%)
At close: 3:44PM IST
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Previous Close301.25
Open299.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range297.75 - 306.45
52 Week Range277.00 - 547.20
Volume156,907
Avg. Volume698,950
Market Cap1.213T
Beta (3Y Monthly)0.93
PE Ratio (TTM)201.06
EPS (TTM)1.51
Earnings DateN/A
Forward Dividend & Yield5.00 (1.68%)
Ex-Dividend Date2018-11-05
1y Target Est406.41
  • Bharti Airtel Bonds Jump Most in Five Years After Buyback Offer
    Bloomberg4 days ago

    Bharti Airtel Bonds Jump Most in Five Years After Buyback Offer

    India’s second-biggest mobile phone carrier will pay $985 per $1,000 principal amount plus accrued interest for any or all of the $1.5 billion of March 2023 notes in the tender offer, according to a company filing over the weekend. Moody’s Investors Service placed the company’s Baa3 rating on review for a cut to junk grade on Nov. 8 on concern about weak cash flow generation. The review also reflects Bharti Airtel’s low levels of profitability, particularly from its operations in India and higher debt levels to fund capital spending, the rating company said.

  • Moody's7 days ago

    Singapore Telecommunications Limited -- Moody's: Singtel's H1 FY2018-19 results impacted by currency movements

    Moody's Investors Service says Singapore Telecommunications Limited's (Singtel, A1 stable) results for H1 FY2018-19 -- which ended September 2018 -- can be accommodated in its A1 senior unsecured rating and stable outlook. Group operating revenues for H1 FY2018-19 were stable at SGD8.4 billion, and were impacted by negative currency movements.

  • Moody's8 days ago

    Bharti Airtel Int'l (Netherlands) B.V. -- Moody's reviews Bharti Airtel's Baa3 ratings for downgrade

    Moody's Investors Service ("Moody's") has placed on review for downgrade the Baa3 issuer and senior unsecured rating of Bharti Airtel Ltd. (Bharti) and the ratings on the backed senior unsecured notes issued by Bharti's wholly owned subsidiary, Bharti Airtel International (Netherlands) B.V. The review also reflects the company's low levels of profitability, particularly from its core Indian mobile operations, negative free cash flow and higher debt levels to fund capital spending. "Because we believe a more rational competitive environment in India's telecommunications market is unlikely over the next 12-18 months, the review also reflects uncertainty as to whether the company's profitability, cash flow situation and debt levels can improve sustainably and materially over the same period," adds DiChiara, also Moody's lead analyst for Bharti.

  • Reuters18 days ago

    Airtel Africa says IPO plans on track

    (Reuters) - Airtel Africa Ltd, a subsidiary of India's Bharti Airtel Ltd, on Monday said preparations for its initial public offering (IPO) are on track. "The new board is in place with new investors' ...

  • Bharti Airtel Delays IPO of $8 Billion Africa Business
    Bloomberg18 days ago

    Bharti Airtel Delays IPO of $8 Billion Africa Business

    It plans to seek an enterprise value of about $8 billion for the Africa business, the people said, asking not to be identified because the information is private. “Airtel Africa IPO preparations are proceeding as per plan and there is no change,” a representative for Bharti said in a statement Monday.

  • Bharti Airtel Delays IPO of $8 Billion Africa Business
    Bloomberg18 days ago

    Bharti Airtel Delays IPO of $8 Billion Africa Business

    It plans to seek an enterprise value of about $8 billion for the Africa business, the people said, asking not to be identified because the information is private. “Airtel Africa IPO preparations are proceeding as per plan and there is no change,” a representative for Bharti said in a statement Monday.

  • Bharti Airtel September-quarter profit plunges on pricing pressure
    Reuters22 days ago

    Bharti Airtel September-quarter profit plunges on pricing pressure

    (Reuters) - India's Bharti Airtel Ltd posted a 65.4 percent fall in quarterly profit on Thursday, as it faces pricing pressure amid aggressive competition in the country's telecom sector. India's telecom ...

  • Reuters23 days ago

    Airtel Africa raises $1.25 bln from SoftBank, five other investors

    Airtel Africa Ltd, a subsidiary of India's Bharti Airtel Ltd, said on Wednesday it raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd. The fundraising, through a primary equity issuance, now values the telecommunications company at $4.4 billion and will be used to reduce existing debt of about $5 billion and grow its Africa operations, Airtel Africa said.

  • Bharti Airtel picks banks for London flotation of Africa business - sources
    Reuters2 months ago

    Bharti Airtel picks banks for London flotation of Africa business - sources

    India's biggest mobile carrier Bharti Airtel Ltd has chosen UBS, JP Morgan and Citi to coordinate the London initial public offering of its Africa business, two sources familiar with the matter said. In February Bharti Airtel Ltd said the holding company for its Africa operations was looking at a potential IPO. The appointment of banks for a London listing is a sign the process is progressing.

  • Bharti Airtel posts surprise first-quarter profit on tax write-back
    Reuters4 months ago

    Bharti Airtel posts surprise first-quarter profit on tax write-back

    Last year, India's telecoms regulator cut interconnect usage charges - the fees that mobile operators pay each other for calls from one network to another - impacting revenues of operators including Airtel. The firm's revenue from mobile services in India fell 18.8 percent to 104.80 billion rupees, while overall revenue fell about 9 percent to 200.80 billion rupees.

  • Will Bharti Airtel Limited’s (NSE:BHARTIARTL) Earnings Grow In The Year Ahead?
    Simply Wall St.5 months ago

    Will Bharti Airtel Limited’s (NSE:BHARTIARTL) Earnings Grow In The Year Ahead?

    After Bharti Airtel Limited’s (NSE:BHARTIARTL) earnings announcement in March 2018, the consensus outlook from analysts appear highly confident, with earnings expected to grow by a high double-digit of 63.53% inRead More...

  • Reuters5 months ago

    Airtel's Kenyan unit abandons plan to merge with Telkom: sources

    The Kenyan unit of Bharti Airtel has abandoned plans to merge with Telkom Kenya to take on the market leading operator Safaricom, industry and government sources said on Monday. Sources said in April that Airtel and Telkom Kenya were planning to merge to create a stronger challenger to Safaricom, which has 72 percent of subscribers, or around 30 million subscriptions. "Airtel developed cold feet," said an industry source who declined to be named.

  • Moody's6 months ago

    Singapore Telecommunications Limited -- Moody's: Singtel's high dividends for FY2017-18 can be accommodated in its A1 rating

    Moody's Investors Service says Singapore Telecommunications Limited's (Singtel, A1 stable) high dividend payout for the fiscal year ended March 2018 (FY2017-18) can be accommodated in its A1 senior unsecured rating and stable outlook. Group operating revenues for FY2017-18 increased by 4.9% year-on-year reflecting mainly the growth in mobile and fixed broadband customers in Australia and contributions from the Group's digital businesses.

  • Airtel Plans Paring $4.6 Billion of Debt in Three Years
    Bloomberg6 months ago

    Airtel Plans Paring $4.6 Billion of Debt in Three Years

    Bharti Airtel Ltd. is looking to pare $4.6 billion from its net borrowings over the next three years by listing its African unit and potentially selling some stake in its tower business, according to a person with knowledge of the matter, in a bid to safeguard its investment grade ratings. India’s top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019 in either London or South Africa, the person said, asking not to be identified as the information isn’t public. The parent will also look to sell part of its stake in the $14.6 billion tower giant after Bharti Infratel Ltd. merges with Indus Towers Ltd.

  • Will Bharti Airtel Limited (NSE:BHARTIARTL) Continue To Underperform Its Industry?
    Simply Wall St.6 months ago

    Will Bharti Airtel Limited (NSE:BHARTIARTL) Continue To Underperform Its Industry?

    Bharti Airtel Limited’s (NSEI:BHARTIARTL) most recent return on equity was a substandard 2.79% relative to its industry performance of 13.02% over the past year. Though BHARTIARTL’s recent performance is underwhelming,Read More...

  • Moody's7 months ago

    Bharti Airtel Int'l (Netherlands) B.V. -- Moody's affirms Bharti's Baa3 ratings; outlook negative

    Moody's Investors Service has affirmed Bharti Airtel Ltd.'s (Bharti) Baa3 issuer rating and senior unsecured debt ratings, as well as the Baa3 ratings on the senior unsecured notes issued by Bharti Airtel International (Netherlands) B.V., which are irrevocably and unconditionally guaranteed by Bharti. "The affirmation of Bharti's Baa3 rating and negative outlook recognizes that the company's leverage metrics remain elevated as profitability continues to be under pressure," says Annalisa Di Chiara, a Moody's Vice President and Senior Credit Officer.

  • Reuters7 months ago

    India's Bharti Infratel, Indus merging to form $14.6 bln telecom tower giant

    BENGALURU/MUMBAI, April 25 (Reuters) - India's Bharti Infratel Ltd has agreed to merge with Indus Towers, in a deal that creates the world's No. 2 telecom tower company with an estimated equity value of $14.6 billion. Seeking to capitalise on rapid growth in smartphone usage in the country, the transaction, which values Indus Towers at roughly $10 billion, will create an infrastructure giant with more than 163,000 towers, lagging only China Tower.

  • Reuters7 months ago

    Bharti Airtel posts lowest quarterly profit in nearly 15 years

    (Reuters) - Bharti Airtel Ltd posted its lowest quarterly profit in nearly 15 years on Tuesday, as a price war in the telecoms sector continued to hurt, while revenue was hit by a regulatory cut in international ...

  • Is Bharti Airtel Limited’s (NSE:BHARTIARTL) Balance Sheet A Threat To Its Future?
    Simply Wall St.8 months ago

    Is Bharti Airtel Limited’s (NSE:BHARTIARTL) Balance Sheet A Threat To Its Future?

    There are a number of reasons that attract investors towards large-cap companies such as Bharti Airtel Limited (NSEI:BHARTIARTL), with a market cap of ₹1.68T. Big corporations are much sought afterRead More...

  • Singtel raises stake in Bharti Telecom for $539.4m
    Singapore Business Review8 months ago

    Singtel raises stake in Bharti Telecom for $539.4m

    This raises its stake in the Indian telco’s Bharti Airtel from 38.64% to 39.51%. Singtel bought 85.45 million shares in Bharti Telecom Limited (BTL) for $6.3 (INR310) per share, bringing the total to $539.4m, ...

  • Tanzania Begins Talks With Bharti Airtel on Local Unit Stake Row
    Bloomberg8 months ago

    Tanzania Begins Talks With Bharti Airtel on Local Unit Stake Row

    Tanzanian officials have began talks with Bharti Airtel Ltd. to discuss ownership of the company that is disputed, according to the presidency.

  • Reuters9 months ago

    Bharti Airtel wants to get out of towers, committed to Africa

    Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and sees the London Stock Exchange as a potentially attractive venue. Mittal, briefing reporters at the Mobile World Congress in Barcelona on Wednesday, backed the lead set by telcos in the United States, now being followed in Europe, for specialists to roll up and run mobile tower assets.

  • India's Bharti Airtel wants to get out of towers, committed to Africa
    Reuters9 months ago

    India's Bharti Airtel wants to get out of towers, committed to Africa

    India's Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and sees the London Stock Exchange as a potentially attractive venue. Mittal, briefing reporters at the Mobile World Congress in Barcelona on Wednesday, backed the lead set by telcos in the United States, now being followed in Europe, for specialists to roll up and run mobile tower assets.

  • Is Bharti Airtel Limited (NSE:BHARTIARTL) Worth INR439.15 Based On Its Intrinsic Value?
    Simply Wall St.9 months ago

    Is Bharti Airtel Limited (NSE:BHARTIARTL) Worth INR439.15 Based On Its Intrinsic Value?

    In this article I am going to calculate the intrinsic value of Bharti Airtel Limited (NSEI:BHARTIARTL) using the discounted cash flows (DCF) model. Anyone interested in learning a bit moreRead More...