Bharti Airtel stock slips for 7th straight session, down 3% after Q2 results. What should investors do now?
Bharti Airtel, India’s second-largest telecom provider, witnessed its shares decline for the seventh consecutive trading session on Tuesday, October 29. The stock dropped 3.18% to ₹1,610 apiece despite Airtel’s strong performance in the September quarter (Q2 FY25).
Following the Q2 results, global brokerage firm Citi maintained its ‘buy’ recommendation on the stock with a target price of ₹1,950. Airtel’s revenue and EBITDA exceeded Citi’s estimates, driven by limited subscriber churn despite recent tariff hikes.