Bharti Airtel's New Postpaid Plan Has CLSA Bullish, While Morgan Stanley Expects Move To Arrest Churn
Bharti Airtel moved higher with October 8 in focus.
· NDTV Profit
Bharti Airtel has increased tariffs across its postpaid portfolio by Rs 50 per month, effective October 8, as the telecom major seeks to strengthen its premium customer base and lift average revenue per user (ARPU).
Key facts
- Dates in focus
- October 8
The analysis
Bharti Airtel reported Rs 50. 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 -1.1% on the day at ₹1,813.00, 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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