continues its strong uptrend, gaining nearly 15% in the past month. The stock remains above key moving averages, confirming trend strength. The recent higher-high formation above ₹2,120 signals bullish continuation. RSI near 70 indicates healthy momentum without overextension. Support lies at ₹2,080, and resistance is seen around ₹2,220–₹2,250. Fundamental View: Airtel’s Q2FY26 results reinforced its leadership in ARPU (₹209 vs Jio’s ₹181), supported by premium subscriber mix and strong 4G/5G adoption. Africa operations saw margin stability, while India business grew double digits. The company’s deleveraging drive continues with lower net debt-to-EBITDA (<2x). Continuous capex in 5G rollout and digital ecosystem expansion (Airtel Payments Bank, Xstream) offer multi-channel growth visibility. Analyst Rating: Brokerages maintain BUY, citing consistent ARPU growth and superior execution. Target: ₹2,300 (≈7% upside) | Stop-loss: ₹2,080.

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