Bharti Airtel stock: J.P. Morgan keeps INR 2,240.00 target for Bharti Airtel stock

Published on 10/19/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The next results are due November 5, 2026. Bharti Airtel stock costs INR 1,875.20 on October 19, 2026, down 1.56 percent versus NSE close.

Analyst target and reporting date

J.P. Morgan analyst Ankur Rudra set an INR 2,240.00 target on October 12, 2026.
The next results are scheduled for November 5, 2026.
Bharti Airtel stock costs INR 1,875.20 at 3:29 p.m. IST on October 19, 2026, down 1.56 percent versus the NSE prior close.
Bharti Airtel trades at a P/E ratio of 39.44 and has an INR 11.7 trillion market capitalization.

Bharti Airtel, INE397D01024, Illustration mit AI erstellt.

J.P. Morgan analyst Ankur Rudra maintained a Buy rating for Bharti Airtel and set an INR 2,240.00 price target on October 12, 2026, according to Markets Insider. The target stands 19.46 percent above Bharti Airtel's INR 1,875.20 NSE price. Bharti Airtel was last at INR 1,875.20 on October 19, 2026 at 3:29 p.m. IST, down 1.56 percent versus the NSE prior close of INR 1,905.00.

November results set the next marker

Bharti Airtel's next earnings report is scheduled for November 5, 2026, with the reporting period identified as the second quarter of 2026 by TradingView. The same page lists estimated revenue of INR 601.68 billion for that quarter. That date gives investors the next scheduled checkpoint after the June 2026 quarter.

Stock sits above its yearly low

The NSE price is 8.62 percent above the 52-week low of INR 1,726.30 and 13.76 percent below the 52-week high of INR 2,174.50, both as of October 19, 2026. The intraday quote was accompanied by 8,585,764 shares of volume, against an average of 6,674,131 shares in the same market reading. The placement leaves the stock closer to its yearly low than its yearly high.

Valuation stays ahead of peers

Bharti Airtel had a market capitalization of INR 11.7 trillion and a P/E ratio of 39.44 on October 19, 2026. TradingView listed a dividend yield of 1.33 percent, while its company page identifies Bharti Airtel as a communications business listed under the NSE symbol BHARTIARTL. The issuer's equity page confirms the INE397D01024 ISIN, the NSE and BSE listings, and revenue of INR 1,729.852 billion for the fiscal year ended March 31, 2025.

Comparison with peers

Bharti Airtel (NSE, INR): minus 1.56 percent, P/E 39.44, market capitalization INR 11.7 trillion
Vodafone Idea (NSE, INR): minus 2.46 percent, P/E 4.28, market capitalization INR 1.3 trillion
Reliance Industries (NSE, INR): minus 0.76 percent, P/E 21.77, market capitalization INR 16.3 trillion

Price position and calendar

The combination of a 39.44 P/E ratio and a 19.46 percent gap to the J.P. Morgan target puts the scheduled November 5, 2026 results at the center of the near-term calendar. The target is denominated in INR, matching the NSE price used for the comparison.

Market position

Bharti Airtel stood at INR 1,875.20 on NSE on October 19, 2026 at 3:29 p.m. IST, down 1.56 percent versus the NSE prior close of INR 1,905.00. The stock was 13.76 percent below its 52-week high of INR 2,174.50 and 8.62 percent above its 52-week low of INR 1,726.30.