Bharti Airtel shares jump 3% after Q2 net profit rises 31% YoY. What are brokerages saying?

Bharti Airtel shares jumped 3% to Rs 2,120 apiece on NSE on Friday after the telecom giant reported a 31% year-on-year rise in net profit to Rs 8,887.5 crore in the July-September quarter of the ongoing financial year.

Bharti Airtel on Thursday released its results for the second quarter of the ongoing financial year, reporting a 17% YoY increase in revenue from operations to Rs 60,878 crore, from Rs 52,145 crore in the corresponding quarter of the previous financial year.