📰 Bharti Airtel Rises 2% as Morgan Stanley Hikes Target, Maintains Overweight

Shares of Bharti Airtel climbed nearly 2% on December 16, emerging as the top gainer on the Nifty 50 and Sensex, after Morgan Stanley raised its target price while reiterating its Overweight rating. Morgan Stanley lifted the target by 20% to ₹2,435, implying ~18% upside, citing continued telecom sector repair, ARPU growth to mid-single digits, double-digit India EBITDA growth, improving ROCE above 20%, and a likely tariff hike in Q1 FY27. #BhartiAirtel #StockMarketNews #BrokerageView #TelecomSector #Nifty50 #Sensex #IndianStocks