ICICI Securities upgrades Bharti Airtel to ‘buy’, sees more upside after tariff hike

Following the tariff hike, analysts have revised up their earnings estimates for Airtel. ICICI Securities, in its equity research report, said, ‘This is indeed a bold move, and the tariff hike quantum is beyond our best-case scenario.’

Telcos' AGR grows 18% to ₹60,530 crore in Apr-June 2022: Report

The government's share of revenue, which is calculated based on AGR, grew by about 19 percent to ₹6,843 crore, comprising ₹4,844 crore in licence fees and ₹1,999 crore in spectrum usage charges (SUC).

5G Effect? Bharti Airtel shares hit all-time high; what should retail investors do now? Here's what 2 brokerages say

In Friday's intra-day trade, Bharti Airtel hit an all-time high of ₹824.40 on the BSE. Since mid-July, the stock rallied nearly 28%. For the first quarter of FY23, Airtel posted nearly a five-fold jump in its consolidated net profit at ₹1,607 crore as against ₹284 crore in the year-ago period.

5G Spectrum Auction: Shares of Vodafone Idea, Reliance, Airtel drop up to 4%

Analysts say the spectrum auction and the subsequent rollout of 5G services is a positive for the telecom sector.

<ul><li>Analysts say the spectrum auction and the subsequent rollout of 5G services is a positive for the telecom sector.</li></ul>

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ICICI Securities upgrades Bharti Airtel to ‘buy’, sees more upside after tariff hike

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