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Shares of leading telecom company Bharti Airtel have reached record highs. On the Bombay Stock Exchange (BSE) on Wednesday, the company’s shares jumped nearly 3 percent to Rs. 912 was reached. Shares of Bharti Airtel have gained in 3 of the last 4 trading sessions. Market experts are bullish on Airtel shares, saying that the company’s shares are worth Rs. will cross 1000. Airtel shares hit 52-week low of Rs. is 736.20.
24 out of 31 analysts have given the stock a buy rating.
Out of 31 analysts tracking Bharti Airtel, 24 have given the company a buy rating. Whereas, 3 analysts have given hold rating. While 4 analysts have given sell rating to the company’s stock. 10 of these analysts believe that the company’s stock will reach Rs. 1000 or above will trade. New Street Research has given the highest price target of Rs 1400 for Bharti Airtel shares. This has been said in a report by CNBC-TV18.
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Each user’s earnings will reach 257 rupees
Foreign brokerage house CLSA has given a target of Rs 1100 for Bharti Airtel shares. Earlier, CLSA had offered Bharti Airtel shares Rs. A target of 1030 was given. The brokerage house believes that Airtel’s ARPU (revenue per user) will increase to Rs 257 by FY 2026. Airtel shares have gained 18% in the last 6 months. At the same time, the company’s shares rose to Rs. Up almost 25% from the 52-week low of 735.
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Disclaimer: Information about stock performance is provided here only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.