Bharti Airtel shares surged nearly 2% after the telecom major posted a sharp profit rise for the July–September quarter, prompting fresh buying interest from investors and bullish calls from brokerages.

The gain followed the company’s solid Q2 FY26 performance, which showed higher profitability, consistent subscriber upgrades, and rising average revenue per user (ARPU). Over the past year, the stock has surged about 33 percent, beating the Nifty’s 7.5% gain.

Motilal Oswal on Bharti Airtel: Steady execution, firm margins

Motilal Oswal retained its ‘Buy’ rating on Bharti Airtel with a target price of Rs 2,400, implying a 16 percent upside from current levels. The brokerage said Airtel’s operational performance remains strong, driven by better subscriber quality, improving ARPU, and sta

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