BHARTIARTL

Share: Should you buy BUY or AVOID after 55% Q3 profit slump? What analysts say

Bharti Airtel Share Price Target: Analysts at global brokerage Morgan Stanley have reiterated their 'overweight’ rating on the second-largest telecom firm -- Bharti Airtel -- following the company’s Q3 results. They have expected a gain of more than 20 per cent, citing strong operational performance, improving cash flows and sustained momentum in India operations. The brokerage said Airtel’s EBITDA beat estimates, driven primarily by robust performance in the India business. It highlighted that India mobile subscriber additions exceeded expectations, supported by lower churn, indicating improving customer quality and retention trends. Morgan Stanley also flagged strong traction in Airtel’s homes (broadband and fixed-line) business, which delivered healthy user growth and EBITDA expansion, strengthening the company’s diversified revenue profile.