Company updateCNBC-TV18
Motilal Oswal raises Bharti Airtel target to ₹2,400
Positive+39
GreyOak summary
Motilal Oswal Financial Services raised Bharti Airtel's target price to ₹2,400, citing an anticipated 10-15% industry-wide tariff hike. The broker expects this shift to consumption-led pricing to sustain long-term ARPU growth.
What it affects
- Bharti AirtelBHARTIARTLPositive +39
Target price raised to ₹2,400 on tariff hike.Rolling sentiment Positive +43
- Motilal Oswal Financial ServicesMOTILALOFSPositive +39
Brokerage raised target price for Airtel.Rolling sentiment Positive +26
Source
Read the original at CNBC-TV18More Bharti Airtel news
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