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Bharti Airtel shares rating upgraded to Buy target price raised as Jefferies sees these key triggers

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kindmotivational.com

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Fri, Mar 10, 2023 06:08 AM

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[Bharti Airtel shares rating upgraded to Buy target price raised as Jefferies sees these key triggers]( [Bharti Airtel market share gains among 4G subscribers hikes in voice tariffs and improving tariff outlook due to Govt support for Vodafone Idea Ltd VIL should help Bharti drive 13 percent growth in its mobile ARPUs over FY23 to 25 said global brokerage Jefferies which believes that market share gains are likely to accelerate amid 5G rollouts. While we cut our estimates by 1 to 4 percent to factor tariff hike delays we upgrade Bharti Airtel shares rating to BUY as after a 13 percent fall since November 2022 the stock offers 16 percent upside potential to our rolled forward target price of Rs 900 earlier Rs 850](. Â [Read More]( To Unlist [Click Here](

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