Stock Analysis – Know before investing Stock score of Bharti Airtel Ltd moved down by 1 in a month on a 10-point scale. View Stock Analysis »Mumbai: Brokerages have retained bullish views onafter the telecom operator announced 20-25% tariff hikes over various prepaid offerings. The tariff hike and bullish commentary from brokerages lifted the stock by 2.35% to ₹759.50 on Tuesday. The brokerage has a neutral rating on Bharti Airtel.Jefferies has raised target price on Bharti Airtel to ₹925 from ₹850. We believe Reliance Jio may hike tariffs too as Bharti's 20-50% premium offers significant headroom for Reliance Jio to raise tariffs," said Jefferies.

Source: Economic Times November 24, 2021 05:39 UTC