Bharti Airtel’s shares hit a new record on Thursday, June 26. The company’s shares on the BSE surged over 2%, reaching a new all-time high of ₹2,003.80. Over the past seven days, the stock has gained momentum on six trading sessions, climbing a total of 8%. Since the start of 2025, this telecom giant’s shares have risen more than 25%. Over the past year, the stock is up approximately 37%, while in the last five years, it has delivered a bumper return of over 263%.
The recent surge in the company’s shares follows positive reports from several brokerage firms. In its latest weekly technical analysis, Axis Securities noted that Bharti Airtel’s stock chart is forming strong bullish candlesticks, signaling upward momentum. The brokerage’s analysis suggests the share price could reach ₹2,115 per share.
Meanwhile, global brokerage firm Jefferies has named Airtel its favorite stock in the telecom sector and set a target price of ₹2,370. According to Jefferies, Airtel is the best way to invest in India’s consumption-driven economy, as it operates in a large market with relatively low competition. The firm also highlighted the stock’s attractive valuation, revenue growth potential, and low capital expenditure as key investment positives.
Views from Other Brokerage Firms
Yes Securities has maintained its “Buy” rating on Bharti Airtel shares, assigning a target price of ₹2,030. Citing the firm’s analysts, Business Today reported that technical charts are showing strong bullish signals. They added that investors should view any dip in the stock price as a buying opportunity, with the near-term target set at ₹2,030.
Signals for Investors
Bharti Airtel’s stock currently has a P/E ratio of around 52, reflecting its strong financials and investor confidence. At present, the stock is among the top gainers on both the Sensex and Nifty indices.
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