I want to buy a share of Airtel is it worth

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Tarun_Shetty, Sep 3, 2020.

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  1. Tarun_Shetty

    Tarun_Shetty New Member

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    As its degrading day by day is it worth to buy Airtel Shares right now?
     
  2. Michael Gonsalves

    Michael Gonsalves Member Staff Member

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    Bharti Airtel is a good stock to buy, especially now that the overhang of the AGR ruling is gone.

    The AGR ruling verdict is positive for Bharti Airtel as it has got ten years to pay the spectrum charges out of which it needs to pay only 10 percent upfront.

    It appears Bharti has already paid more than 10 percent of the upfront requirement and has also provided for nearly Rs 47,000 crore in its books. Hence, there should not be any negative impact on P&L going forward.

    Also, there is talk that the tariff rates may be increased and the ARPUs will go up. This will lead to healthy free cash flows from FY21 onwards.
     
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