Bharti Airtel jumps 2% after Q2 profit zooms 74%—Motilal Oswal says rally has more room to run

Bharti Airtel shares surged nearly 2% after the telecom major posted a sharp profit rise for the July–September quarter, prompting fresh buying interest from investors and bullish calls from brokerages.

The gain followed the company’s solid Q2 FY26 performance, which showed higher profitability, consistent subscriber upgrades, and rising average revenue per user (ARPU). Over the past year, the stock has surged about 33 percent, beating the Nifty’s 7.5% gain.