As of today, March 12 2025, Bharati Airtel is trading in green, with surges and upticks since the market’s opening. Analysts and market experts say that this surge in Airtel’s share prices could be due to their deal with Elon Musk’s SpaceX to launch the highly anticipated Starlink Satellite in India.
Bharati Airtel shares opened to the market at Rs. 1700 and are currently up by nearly 2% compared to the previous close.
Bharti Airtel Share Price in Today’s Market
At 9:30 a.m., Airtel’s share price is 1,658.85, nearly 1% lower than the opening rate. And 0.1% higher than its previous close, 1662.00. According to the reports and estimates on Money Control, the current market capitalization shows 963,728 cores; the UC Limit is 1,829.20, and the LC Limit is 1,496.65.
Company Financials
Bharti Airtel is one of the largest telecommunication companies with a significant number of subscribers in India. The company reported its Q3 financials on February 6. According to the data revealed, Airtel earned a consolidated net profit of Rs. 14,781 crores, compared to Rs. 2,442 crores in the same period the previous year. This significant rise includes a one-time. Airtel’s EBITDA grew by 8.4% to Rs. 1,476.5 crore, compared to Rs. 1,362 crore in the previous year, with margins improving to 14.5% from 14% year-on-year.
Recent News About Bharti Airtel
- On January 20, 2025, Bharti Airtel signed with Bajaj Finance to offer financial through its digital platform.
- In February 2025, Bharti Airtel partnered with Ericsson to deploy Ericsson’s secure and high-performing 5G Core network solutions.
- On March 11, 2025, Bharti Airtel announced its deal with SpaceX to bring Starlink’s high-speed satellite internet services to India.
- This collaboration aims to strengthen internet connectivity, especially in remote and underserved regions.
Bharti Airtel Share Price Target
According to market experts on Trendlyne, Bharti Airtel Ltd. has an average target of 1840.50. The consensus estimate speculates an upside of 8.91% from the last price of 1690.
Should You Buy, Sell, Or Hold?
Market analysts on Money Control and Trendlyne strongly support buying the shares. Only 9% of experts on Money Control believe in holding the shares, and 3% suggest selling. Before investing in Bharti Airtel, consider its long-term performance and consult your analyst to make the perfect move.
