'I wish I was 20 years younger': Sunil Mittal on India's next 20 years, recalls OneWeb pitch to Rishi Sunak
Bharti Airtel is in focus.
· Business Today Mkts
The Bharti Enterprises founder said India’s technology, energy, young population and large market would create significant opportunities, as he recalled his early telecom bet and later efforts to convince then UK Chancellor Rishi Sunak on…
The analysis
Against that, the stock is +3.3% on the day at ₹1,854.00, and has returned -3.4% over three months. It sits 14% below its 52-week high. The telecom & media sector has moved +1.7% over the same period, so Bharti Airtel is running 5.0 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
Related coverage
'The question was when, not if': Sunil Mittal recalls 3 'Mahabharatas' that nearly sank Bharti Airtel
Jio's ₹30,213-cr IPO priced at 34x earnings, below Bharti Airtel's 39x
Taking Stock: Market fails to hold on to day#39;s gains, ends marginally higher
Vodafone Idea zooms 12% after FPO sees 6x subscription; focus shifts to allotment, listing
Razorpay announces #39;UPI Switch#39; in partnership with Airtel Payments Bank