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

Published on 10/16/2026 at 17:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 18.35 percent to INR 585.39 billion. Bharti Airtel stock stood at INR 1,905.00 on October 16, 2026, up 2.75 percent versus the prior close.

November 5, 2026 reporting date

On October 12, 2026, J.P. Morgan analyst Ankur Rudra set an INR 2,240.00 target for Bharti Airtel.
Revenue reached INR 585.39 billion in the quarter ended June 30, 2026, up 18.35 percent year over year.
Bharti Airtel stock stood at INR 1,905.00 at 3:28 p.m. IST on October 16, 2026, up 2.75 percent versus the prior NSE close.
TradingView lists November 5, 2026, as the next earnings date.

Bharti Airtel, INE397D01024, Illustration mit AI erstellt.

Bharti Airtel stock has an INR 2,240.00 target from J.P. Morgan, putting the target 17.59 percent above the latest NSE price. Markets Insider reports that analyst Ankur Rudra maintained the Buy rating and target on October 12, 2026. Bharti Airtel's latest NSE quote stood at INR 1,905.00 on October 16, 2026 at 3:28 p.m. IST, up 2.75 percent versus the prior NSE close.

Quarterly revenue carries the comparison

For the quarter ended June 30, 2026, Bharti Airtel reported revenue of INR 585.39 billion, compared with INR 494.63 billion a year earlier, according to Markets Insider. That represents an 18.35 percent year-over-year increase. Net profit reached INR 81.67 billion, up from INR 59.48 billion in the comparable quarter.

Price remains below the yearly high

The NSE price is INR 269.50 below the 52-week high of INR 2,174.50 and INR 178.70 above the 52-week low of INR 1,726.30. The latest price is therefore 12.39 percent below the high and 10.35 percent above the low. Trading volume reached 25,481,655 shares, compared with an average volume of 6,344,472 shares.

Valuation and the next reporting date

Bharti Airtel's market capitalization is INR 11.9 trillion, while its price-to-earnings ratio is 40.06 and its indicated dividend yield is 1.37 percent. TradingView lists November 5, 2026, as the next earnings date and gives a consensus revenue estimate of INR 598.17 billion for the next quarter.

Comparison with peers

Bharti Airtel (NSE, INR): plus 2.75 percent, P/E 40.06, market capitalization INR 11.9 trillion
Reliance Industries (NSE, INR): minus 0.31 percent, P/E 21.93, market capitalization INR 16.4 trillion
Vodafone Idea (NSE, INR): plus 0.56 percent, P/E 4.39, market capitalization INR 1.4 trillion

The latest market position

Bharti Airtel's latest NSE quote stood at INR 1,905.00 on October 16, 2026 at 3:28 p.m. IST. The 2.75 percent move was measured against the prior NSE close of INR 1,854.00, while the broader price picture remains defined by the INR 1,726.30 to INR 2,174.50 52-week range.