Airtel ARPU to Grow 7-10 Percent Even in Absence of Tariff Hike: Axis Capital
Axis Capital initiated coverage with a BUY rating for Bharti Airtel, setting a target price of Rs 1,303. In its research report, Axis Capital emphasised that Bharti Airtel presents a compelling investment opportunity, riding on the secular trends of subscriber premiumisation, upside from 5G, strong execution, stable competition, and supportive government policies. Also Read: Airtel 5G Plus Enables High-Speed Connectivity in Lakshadweep for Tourists Organic ARPU Uplift Specifically, Axis Capital... Read More