Motilal Oswal raises Bharti Airtel target to ₹2,400
In short
Motilal Oswal has set a ₹2,400 target for Bharti Airtel, based on a possible tariff hike and more premium pricing. The note also said there could be more upside for the telecom stock.
This matters for Bharti Airtel investors because a tariff hike could support future earnings, if it happens.
What the reporting says
Motilal Oswal Financial Services has kept Bharti Airtel in focus with a ₹2,400 target, citing an expected tariff hike and premiumisation. The note points to tariff-led earnings support, but no timing was provided.
Why it matters
Motilal Oswal Financial Services has reiterated a bullish view on Bharti Airtel with a ₹2,400 target, linking the call to an expected tariff hike and premiumisation. The brokerage’s view suggests stronger revenue potential for the telecom operator if pricing improves.