0 likes | 21 Views
As a telecom company, Bharti Airtel has one of the highest ARPUs in the industry. It has a premium-oriented strategy, and is aiming to increase its subscriber base and target earlier tariff hikes.
E N D
Top 5 Stocks to Invest in 2023 & 2024 in India It’s no secret that investors are always looking for ways to increase their returns on their investments. And with the New Year just around the corner, it’s no surprise that many people have New Year’s resolutions. However, an investor’s new year’s resolution may come a little too soon, as they’ll be looking to add a few new stocks to their portfolio and offset some of their losses as they search for the best stocks to purchase in 2024.
Ashoka Buildcon Ashoka Buildcon has over 40 years of experience in the construction industry. With a proven track record of successful execution, strong order flow, and cutting-edge technology, the company will benefit immensely as the private sector takes the lead in various segments of infrastructure. What makes Ashoka Buildcon unique is its capacity to execute better, innovate construction, and leverage technology.
Bharti Airtel As a telecom company, Bharti Airtel has one of the highest ARPUs in the industry. It has a premium-oriented strategy, and is aiming to increase its subscriber base and target earlier tariff hikes. The migration of customers from 2G (2G) to 4G (3G) and 4G (4G) to 5G, increase in tariff prices, and prepaid-to-postpaid conversions have improved the company's ARPU (average Revenue Per User). The company's fixed broadband and enterprise businesses are seeing significant revenue growth. It has a good track record of business execution, and is expected to witness broad-based growth in all segments. Therefore, in the long run, the company's value would be at 38x P/E (based on FY23 earnings) to reach a target price of Rs. 1250 per share.
Thank You Contact us Business Head +91 87501 08088 contact@indiapropertydekho.com www.Indiapropertydekho.com AMBY BUSINESS PARK LLP JMD MEGAPOLIS, Sohna Road, Gurugram, Haryana