Bharti Airtel Limited is a large cap company in telecom sector in India. It earns good revenues but the present slowdown in the telecom sector has affected the Bharti Airtel Share Price.
Bharti Airtel Share Price Graph
Bharti Airtel, the flagship company of Bharti Enterprise and Bharti Group started its business in 1995. The telecom sector revolution in India saw Bharti Airtel as the forerunner. Today it is the biggest integrated telecom service provider in Asia. Today Airtel carries an iconic image with its name across the globe. Before the giant leap in telecom sector in India led by companies like Bharti Airtel, India was a laggard in telecom industry even in comparison with the telecom services provided in neighbouring countries. But today telecom services in India can be compared with the best in the world. All credit goes to few companies like Bharti Airtel Limited and a few others.
Today, Bharti Airtel Limited operates through a strong network to all the 23 telecom circles in India. It is the first private telecom enterprise to do so.
Bharti Airtel Limited earns its revenue by earning subscription through integrated telephony and broadband services from its private, business and corporate customers. It also provides insurance services through Bharti AXA Life Insurance Company Limited (a joint venture a Bharti Airtel Limited and AXA, a world leader in life insurance and wealth management). In addition it has also entered into retail chain business through Bharti Retail Private Limited in conjunction with Wal-Mart. Also Bharti Airtel Limited signed a MOU with EL Rothschild Group in Europe to export exclusive agricultural products to Europe and USA.
Thus the Bharti Group has forayed into diversified business besides the original telecom business. These ventures have increased the net profit margin of the group.
Bharti Airtel Limited has two international earth stations in Chennai, one of which is connected to Singapore and another to Europe through submarine cables.
Bharti Airtel Limited provides following services.
- Mobile service through GSM and VOLTE technology.
- Direct to Home (DTH) cable services
- Internet services through broadband
- Airtel digital TV services
All these services are catered through 90,205 kms of optical fibre network across the country. Bharti Airtel Limited provides end to end solution to all mobile and internet related issues.
Company Financials -Bharti Airtel Share Price is Rs 364.75 (as on 16.06.17, EOD) in BSE. As per latest data, the consolidated basis P/E is 38.45 versus average industry PE of 26.6, EPS is Rs 9.51. Market cap is Rs 1,46,085 crores. The face value of share is Rs 5. But recent sectoral negativity has affected the balance sheet by a great margin which led to fall of Bharti Airtel share price. As per latest data, the standalone basis EPS has come down to Rs -24.83 and PE to zero.
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