The Bharti Airtel share price witnessed a sharp 5% rise following the company’s stellar Q3 FY25 results. The stock reached a high of ₹1,707.55 on the NSE, coming close to its all-time high of ₹1,779.
Bharti Airtel Q3 Performance Highlights
- Net Profit: Soared 505% YoY to ₹14,781 crore, driven by a one-time gain from consolidating a majority stake in Indus Towers.
- Revenue: Increased 19% YoY to ₹45,129 crore, surpassing market expectations.
- ARPU Growth: Bharti Airtel’s average revenue per user (ARPU) rose to ₹245, compared to ₹208 in Q3 FY24.
Airtel Share Price Movement
At 10:46 AM, the Bharti Airtel share was trading at ₹1,697.40 on the NSE. The Airtel share price gained momentum as 80 lakh shares were traded, exceeding the one-month daily average of 49 lakh shares.
Despite a 2.47% drop, closing at ₹1,619.55 on the BSE, analysts remain optimistic about future growth.
Brokerage Views on Bharti Airtel Share
- Morgan Stanley: Maintains an ‘equal-weight’ rating with a ₹1,650 target price.
- HSBC: Reiterates ‘buy’ with a ₹1,940 target, citing ARPU growth and rising broadband users.
- CLSA: Holds an ‘outperform’ rating with a ₹1,860 target price, highlighting strong free cash flow (FCF) and business expansion.
India and Africa Market Growth
- India Revenue: Grew 24.6% YoY to ₹34,654 crore, with a strong 57.3% EBITDA margin.
- Africa Revenue: Increased 21.3% YoY, despite a 1.1% dip in EBITDA margin.
Airtel’s mobile revenue rose by 21.4% YoY, supported by premium users and higher data consumption.
Bharti Airtel Share Price Outlook
The Bharti Airtel share remains a key player in the telecom sector, backed by strong financials and a growing customer base. Analysts predict further gains as the company continues to expand 5G services and broadband reach. For the latest updates on Airtel share price, stay tuned!