Razorpay announces #39;UPI Switch#39; in partnership with Airtel Payments Bank
Bharti Airtel made an announcement.
· Moneycontrol Business
Boosting success rates by 4-5 per cent, the solution is designed to handle up to 10,000 transactions per second (TPS) at any given time, according to a release.
The analysis
Bharti Airtel reported movement of -5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.4% on the day at ₹1,808.30, and has returned -3.8% over three months. It sits 16% below its 52-week high. The telecom & media sector has moved +4.2% over the same period, so Bharti Airtel is running 8.0 points behind its peers.
For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Market context
- The company directly in focus is BHARTIARTL.
- Sector exposure: Telecom & Media.
In this story
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