Macquarie Raises Bharti Airtel Target, Bull Case at ₹2,350

A financial company called Macquarie thinks Bharti Airtel's stock could go up.

They've increased their target price, meaning they think the stock is worth more now.

There are a few possible scenarios: the best-case scenario sees the stock price going up to ₹2,350.

In the basic scenario, they predict that each user will spend more money on average by 2025.

There's also a less optimistic situation where the stock might not do so well.

Macquarie expects Airtel's earnings to stay strong because they think tariffs (the prices people pay) will increase.