Pending — not yet graded
“Assigns an overweight rating to Bharti Airtel with a 28% upside potential to ₹2,530. Bharti Airtel leads in ARPU, with management expecting further improvement from ₹257 towards a ₹300 target. Growth is driven by a diverse customer base, 2G to 4G/5G migration, and rising adoption of value-added services.”
Axis Securities Analysis’s track record: 3 graded calls · 95% CI 21–94%
Bharti AirtelBullishCalled 05 Aug 2026
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