Breakout stocks refer to shares of companies that experience a significant price movement after breaking through key technical resistance levels, signaling a potential shift in trend. These stocks often attract investor attention as they break out of consolidation phases, indicating strong bullish momentum. Typically, a breakout occurs when a stock surpasses a previous high or [...]
Free cash flow (FCF) represents the cash a company generates after accounting for capital expenditures, and is a key indicator of financial health. Companies with over Rs. 61,000 crore in free cash flow have the financial flexibility to invest in expansion, weather economic downturns, and create shareholder value. These cash-rich firms are well-equipped for long-term [...]
The shares of one of the world’s leading providers of telecommunication services gained attention on Wednesday after the promoter bought an additional stake in the company for a consideration of Rs 2,036 crores. Price Action With a market capitalization of Rs 9,41,928.94 crore, Bharti Airtel Ltd fell over 1 percent in Wednesday’s trading session and [...]
The shares of one of the world’s leading providers of telecommunication services company, specializing in mobile, broadband, and fixed-line services are in focus following the Block deal involving Singapore Telecommunications Limited (SingTel). Price action With a market capitalization of Rs. 9,54,923.02 crores on Monday, the shares of Bharti Airtel Limited fell upto 3 percent making [...]
Broadband connectivity will play a vital role in India's economic growth by improving access to education, healthcare, and government services. Under the Bharatnet project, high-speed internet will be provided to all government secondary schools and primary health centers (PHCs) in rural areas, ensuring that even remote communities can benefit. In education, students will be able [...]
The Indian telecom sector is one of the largest and fastest-growing industries globally, playing a pivotal role in the country’s digital transformation. With over a billion mobile subscribers, the sector is crucial to bridging connectivity gaps and driving economic growth. Key players like Reliance Jio, Bharti Airtel, and Vodafone Idea dominate the market, offering voice, [...]
Investing in large-cap stocks with high free cash flow (FCF) is a strategic approach for seeking stability and growth. High FCF indicates a company's ability to generate cash after capital expenditures, allowing for reinvestment, dividends, or debt reduction. This financial strength makes such companies more resilient during economic fluctuations. Here are few such high free [...]
In June 2024, Indian equities witnessed a Foreign Portfolio Investment (FPI) inflow totaling ₹ 26,565 crore ($ 3,186 million or $ 3.1 Billion), as reported by the National Securities Depository Ltd. (NSDL). This marked a significant increase from May month in 2024. Overall, FPI inflows for the month totaled ₹41,757 crores ($ 5,007 million or [...]
The shares of this leading telecom company rose by 1% to reach an intraday high of ₹1,442 per share after the company prepaid ₹7,904 crore to the Department of Telecom related to its spectrum liabilities. At 12:20 p.m. on Tuesday, Bharti Airtel Ltd. shares were trading on the National Stock Exchange at ₹1,419, marking a [...]
Shares of this large-cap telecom company fell around 1 percent in Monday’s trading session despite announcing a collaboration with Google Cloud to deploy Generative AI Solutions. The shares have delivered more than 60 percent to its shareholders in one year. With a market capitalization of Rs. 7,66,374 crores, the shares of Bharti Airtel Ltd started [...]
