CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country will invest Rs 5, 000 crore in Bharti Airtel?
A
Germany
B
China
C
Malaysia
D
Singapore
Explanation: 

Detailed explanation-1: -As part of the agreement, Google will invest the money using both commercial and equity methods. The company will acquire a 1.28 % stake in Airtel for US$ 700 m. The remaining US$ 300 m will be part of a corpus that will be invested over five years in the areas of devices, networks, and cloud technologies.

Detailed explanation-2: -quote is equal to 774.450 INR at 2023-01-27. Based on our forecasts, a long-term increase is expected, the “Bharti Airtel Ltd” stock price prognosis for 2028-01-21 is 1377.113 INR. With a 5-year investment, the revenue is expected to be around +77.82%. Your current $100 investment may be up to $177.82 in 2028.

Detailed explanation-3: -Bharti Airtel: Upside Potential 25.2% | Target Price: 1,010 "Airtel Africa has consistently delivered strong earnings growth over the last 3–4 years, with a  20% CAGR over FY19–22. A strong balance sheet with low leverage and healthy FCF further adds to the strong capabilities.

Detailed explanation-4: -Bharti Airtel share price plunged over 4% after global brokerage firm JPMorgan downgraded the stock to ‘underweight’. The stock is down 6% in the last 2 days. We take a look at what analysts’ have to say.

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