Gold Silver Reports (GSR) – Bharti Infratel Falls As Operating Performance Dips Marginally – Shares of the Gurugram-based telecom infrastructure company fell as much as 3.77 percent to Rs 315.65 after its operating profit saw a marginal dip in March quarter. Bharti Infratel’s operating profit or EBITDA fell 0.4 percent to Rs 1,606 crore in March quarter from Rs 1,613 crore in the previous quarter.
Bharti Infratel
Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.5 percent to 10,554 as of 7:20 a.m. Asian stocks had a mixed start Monday, with investors continuing to assess the outlook for trade discussions and geopolitical tensions. Equity benchmarks rose in Sydney, while those in Tokyo and Seoul were little changed.
Bharti Infratel Gains After Morgan Stanley Says Maybe Get Close To Buy
Gold Silver Reports (GSR) – Shares of the Gurugram-based telecom infrastructure company rose 2.1 percent to Rs 340.15 after Morgan Stanley in a note said Bharti Infratel valuations are cheap and stock maybe getting close to buy territory.