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Axis Securities Report
Bharti Airtel Ltd. - Bharti Airtel is one of the largest telecom companies in the world with operations spanning 18 countries and a subscriber base of more than 420 million. It is the second-largest wireless telecom operator in terms of revenue after Reliance Jio. Bharti Airtel is a well-capitalized telecom operator with offerings across the telecom spectrum of enterprise and fixed-line broadband services.
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Cipla Ltd. - Cipla continues to focus on the demand levers in the chronic and acute therapies and complex products in its existing as well as pipeline portfolio (for the branded and generic markets of India and South Africa). The company's active advancement of innovative consumer-centric products is expected to accelerate the augmentation of the global consumer wellness franchise across both India and South Africa
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Tech Mahindra Ltd. - We believe Tech Mahindra has a superior services mix and multiple long-term contracts that are well-spread across the verticals, reducing its dependency on any one vertical. Furthermore, we foresee healthy tractions in communications and enterprise verticals which will greatly accelerate the company's revenue growth moving forward.
Click on the attachment for the full list of Axis Securities' top stock picks for June 2022:
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