‘Still by far the cheapest in the world’: Sunil Bharti Mittal says mobile tariffs should rise to ₹350 a month
Bharti Airtel is in focus in an infrastructure development.
· Business Today Mkts
Mittal said India needed to significantly expand its telecom infrastructure, pointing out that China has more than 1 million mobile towers compared with around 350,000 in India.
The analysis
Bharti Airtel reported ₹350. 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 +0.5% on the day at ₹2,106.00, and has returned +8.6% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The telecom & media sector has moved +2.7% over the same period, so Bharti Airtel is running 5.9 points ahead of 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.
Why it matters
- Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- In focus: Bharti Airtel (BHARTIARTL), in Telecom & Media.
- Over three months: Bharti Airtel +8.6% against Telecom & Media +2.7% (5.9 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Bharti AirtelBHARTIARTL · Telecom & Media | ₹2,106.00 | +0.5% | +16.6% | +8.6% | -2.6% | 0.6× | — |
Telecom & Media
1M +3.3% · 3M +2.7%
Bharti Airtel
Infrastructure
1M +1.4% · 3M -7.8%
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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