Bharti Airtel share price in focus: Bharti Airtel, India’s second-largest telecom provider, saw its shares rise nearly 2.5% in intraday trade on Thursday, June 26, crossing the ₹2,000 mark for the first time and hitting a new all-time high of ₹2,009 per share. The rally also pushed the company’s market capitalization to ₹11.5 lakh crore during the session.
Despite the broader Indian stock market facing volatility over the past few months, Bharti Airtel has maintained strong upward momentum, gaining 27% in under four months, positioning it as one of the top turnaround champions of 2025.
On Monday, global brokerage firm Jefferies reiterated its ‘Buy’ rating on the stock with a target price of ₹2,370, calling it the “preferred way to participate in the ongoing revival in the Indian telecom sector.”
According to the brokerage, Bharti Airtel is supported by healthy subscriber additions, resilient revenue growth, and expanding margins. Macquarie also remains bullish on the stock and recently raised its target price to ₹2,050 per share.
Bharti Airtel continues to be a core investment idea for Macquarie and is included in its “India Super 6s” list. The brokerage has now adopted a scenario-weighted valuation approach to better reflect the company’s growth potential and evolving market conditions.
The improving financial performance and favorable industry dynamics, the brokerages note, make a strong case for continued strength in Airtel’s stock in the coming quarters.
