InvestorQ : Is it true that CLSA has set a target of Rs.715 for Bharti Airtel and what is the justification?
Archita Jajjoo made post

Is it true that CLSA has set a target of Rs.715 for Bharti Airtel and what is the justification?

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Niti Shenoi answered.
2 months ago
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CLSA is positive on Bharti for a number of reasons. Firstly, it sees Bharti Airtel taking away a larger share of the market from Vodafone. Secondly, the wireless market share of Bharti is impressive even versus Jio. Lastly, the average revenue per user or the ARPU of Bharti Airtel is at a 12 to 25% premium to telecom peers.

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