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REFILE-BUZZ-India's Bharti Airtel tops Nifty 50 gainer after Q3 profit rise

ReutersFeb 7, 2025 4:16 AM

Corrects typo in headline

Shares of Bharti Airtel BRTI.NS up 3.6% at 1,677.50 rupees

BRTI top gainer in benchmark Nifty 50 index .NSEI, which is down 0.1%

Telecom operator posts higher Q3 profit, helped by a one-time gain, subscriber additions and tariff hikes

Subscriber additions were ahead of CLSA's estimates and "led the positive surprise," brokerage said

BRTI shares up 5.7% so far this year vs a 0.3% drop in the Nifty 50

BRTI shares jumped 54% last year

Analysts average rating on BRTI is "buy", with median PT at 1,850 rupees, as per LSEG data

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