Why is Bharti Airtel top telecom pick for Jefferies & Macquarie? 3 reasons revealed

Bharti Airtel is in focus. The stock is up 17% in 2025 so far. Global brokerage firms Jefferies and Macquarie are positive on it and see it as a ‘top pick’ in India’s telecom space. Backed by steady subscriber additions, premium user base, rising revenue trajectory, and margin expansion, Airtel is “emerging as a standout performer in a consolidating sector,” as per Jefferies.

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