Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Debaroti Adhikary

10 reasons why Nomura stays bullish on Bharti Airtel, sees 28% upside

Nomura on Tuesday named Bharti Airtel its top telecom pick and increased its target price to Rs 2,355 apiece, while highlighting that the implied valuation discount when compared to Reliance Industries’ Jio Platform is unwarranted.

The international brokerage maintained its ‘Buy’ call on the stock. The latest target price implies an upside potential of nearly 28% from the stock’s previous closing price of Rs 1,841 apiece on NSE.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.