Bharti Airtel shares are under scrutiny as promoter ICIL plans to sell a 0.56% stake for approximately $806 million. This follows a similar divestment by Singtel. The deal occurs after Airtel’s strong Q2 results, with robust EBITDA growth and rising ARPU. Analysts remain optimistic, citing potential tariff hikes and operational strength.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets