{"id":997929,"date":"2026-03-13T08:54:52","date_gmt":"2026-03-13T03:24:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=997929"},"modified":"2026-03-13T09:03:29","modified_gmt":"2026-03-13T03:33:29","slug":"jio-ipo-delay-among-2-reasons-why-jefferies-cuts-bharti-airtels-target-price","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/13\/jio-ipo-delay-among-2-reasons-why-jefferies-cuts-bharti-airtels-target-price\/","title":{"rendered":"Jio IPO delay among 2 reasons why Jefferies cuts Bharti Airtel\u2019s target price"},"content":{"rendered":"<p>Jefferies has cut its target price on Bharti Airtel as it factors in a potential delay in Jio\u2019s IPO and rising macro risks, even as it reiterates a Buy call and says the risk-reward remains extremely favourable. The brokerage has lowered its price target to \u20b92,250 from \u20b92,575, implying 25% upside from the previous close, after trimming its India revenue and EBITDA estimates by 6-8% over FY26\u201328. <\/p>\n<p>In its latest note, Jefferies flagged that tariff hikes could be pushed back as the much-awaited Jio IPO may be delayed beyond the first half of calendar 2026 due to regulatory overhang.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jefferies has cut its target price on Bharti Airtel as it factors in a potential delay in Jio\u2019s IPO and rising macro risks, even as it reiterates a Buy call and says the risk-reward remains extremely favourable. The brokerage has lowered its price target to \u20b92,250 from \u20b92,575, implying 25% upside from the previous close, after trimming its India revenue and EBITDA estimates by 6-8% over FY26\u201328. In its latest note, Jefferies flagged that tariff hikes could be pushed back as the much-awaited Jio IPO may be delayed beyond the first half of calendar 2026 due to regulatory overhang.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-997929","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=997929"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997929\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=997929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=997929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=997929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}