Bharti Airtel Shares Rise 3% on Strong Q4 Earnings Beat

Bharti Airtel surged nearly 3% on May 14 after posting a 432% YoY jump in net profit to Rs 11,022 crore. Adjusted profit rose 77% to Rs 5,223 crore, with revenue up 27%. Strong ARPU and smartphone additions drove growth. Brokerages remain bullish with target prices up to Rs 2,030.