Bharti Airtel532454Telecommunications
Bharti Airtel stock gaining ahead of results, with ARPU expected to rise slightly due to tariff adjustments; analyst not a buyer at current price
By ScoutQuest · · 1 min read
Heard on business television between 09:02:04 - 09:05:04 IST.
- Bharti Airtel results due today; ARPU expected to rise slightly due to removal of base pack in tariffs.
- Analyst said he likes the annuity cash flow business of Indian telecom, with Bharti Airtel and Jio Platform generating huge cash flows despite low ARPU.
- However, said the stock has run up a lot recently ahead of the Jio Platform IPO, so he would not be a buyer at this price.
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