Day: June 8, 2026

CLSA Highlights Strong Africa Prospects, Sees Significant Upside for Bharti Airtel
Telecom Industry

CLSA Highlights Strong Africa Prospects, Sees Significant Upside for Bharti Airtel

Summary: CLSA has maintained its ‘Outperform’ rating on Bharti Airtel with a target price of ₹2,310, implying a potential upside of 26.6%, driven largely by the planned Airtel Money IPO in the second half of 2026. The brokerage highlighted Airtel Money’s strong FY26 performance, with revenue rising 36% and EBITDA increasing 31%, while noting significant […]

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