Bharti Airtel shares rise 2.45% after Q2 profit jump

Bharti Airtel closed 2.45% higher at Rs 2,107.2 after Q2 profit rose 30.9%, with the all-time high of Rs 2,175 in focus. Bharti Airtel Limited [ BHARTIARTL ] closed 2.45% higher at Rs 2,107.2 on 6 November 2026, a day after its Q2 results. Consolidated profit rose 30.9% year on year to Rs 8,887.5 crore from Rs 6,791.6 crore. Revenue grew 16.7% to Rs 60,877.5 crore from Rs 52,145.4 crore. Average revenue per user rose to Rs 271 from Rs 256 a year ago. The stock opened with a gap up at Rs 2,120, fell back to Rs 2,056.2, near the previous close, and recovered by the close. Since early October 2026, the stock has moved in higher highs and higher lows, so the market structure is bullish. It is trading above the 20-day SMA of Rs 1,928.7. RSI is at 75.43, in the overbought zone, so a pause or pullback is possible. What next: Rs 2,175, the all-time high, is the immediate hurdle. The close is about 3.2% below this level. A close above it may extend the uptrend. Support is the 20-day SMA at Rs 1,928.7. A close below it may weaken the trend. Conclusion: Bullish structure, but overbought RSI suggests caution near the all-time high. Disclaimer: I, Akhilesh Jat (SEBI RA Reg. No. INH000016649), do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.