Bharti Airtel shares jump 2% after Q1 PAT jumps 158% YoY. Should you buy?
Bharti Airtel's shares surged 2% to Rs 1,393.95 on Tuesday after it posted a 158% year-on-year jump in Q1 profit to Rs 4,160 crore, beating market expectations. The company’s revenue rose 3% YoY to Rs 38,506 crore. Both Macquarie and UBS retained their neutral ratings, noting mixed performance metrics and future outlook.
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