Despite the broader Indian stock market facing Volatily Over the Past Few Months, Bharti Airtel Has MainTailed Strong Upward Momentum, Gaining 27% in Under Four Month Champions of 2025.
On Monday, Global Brokerage Firm Jeferies Reiterated Its ‘Buy’ Rating on the stock with a target price of 2,370. The brokerage outlined four key reasons to oven the stock. First, it sees the company as the best way to play the ongoing consumption story in India.
Second, It Highlights a Significant Runway for Mid-Teens Revenue Growth Over the Medium Term. Third, the brokerage noted that the company’s capital experture intensity has structurally declined, improving cash flows and return ratios.
Lastly, it believes the stock’s valuations have significant scope for re-rating, offering attractive upside potential for investors.
Earlier, Macquarie also Retains Its Bulish Outlook on the Stock and Raised Its Target Price to 2,050 per share.
Bharti Airtel Continues to be a Core Investment Idea for Macquarie and is Included in its “India Super 6s” list. The brokerage has now adopted a Scenario-Andighted Valuation Approach to Better Reflects The Company’s Growth Potential and Evolving Market Conditions.
The improving Financial Performance and Favorable Industry Dynamics, The Brokerage Note, Make a Strong Case for Continued Strength in Airtel’s Stock in the Coming Quarters.
