homemarket Newsstocks NewsBharti Airtel stock up over 2% as investors hope every customer spent 10% more on average

Bharti Airtel stock up over 2% as investors hope every customer spent 10% more on average

Bharti Airtel stock up over 2% as investors hope every customer spent 10% more on average
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By CNBCTV18.com May 17, 2022 2:47:59 PM IST (Updated)

Bharti Airtel shares were rising as investors remain optimistic about the telco’s earnings for the January to March quarter. The Street expects the tariff hike in November 2021 to lead to a strong top-line performance while profits may to more than double.

Bharti Airtel shares were trading in the green territory on Tuesday as investors remain optimistic about the telco’s earnings for the January to March quarter, due to be announced later in the day.

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The Street expects the tariff hike in November 2021 to lead to a strong top-line performance while profits are predicted to more than double.
Bharti Airtel stock gained 2.4 percent in intraday trade after losing in the past three days. At 2:47 pm, shares of the telecom company were trading at Rs 708.40 on BSE, up 2.25 percent from the previous closing.
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