Shares of Bharti Airtel surged over 2% on June 26, touching a fresh all-time high of ₹2,003.80 on the BSE. The stock has been on a strong upward trend, recording gains in six of the past seven trading sessions and rising over 8% during this period. In 2025 alone, Bharti Airtel has delivered more than 25% returns, while its one-year performance stands at nearly 37%. Over the last five years, the stock has delivered an impressive 263% return, underlining its long-term strength and investor confidence.
The latest rally is being driven by positive sentiment from analysts and strong technical indicators. Axis Securities, in its recent weekly technical report, noted that the stock has formed a strong bullish candle on the charts, suggesting further upside potential. Based on their analysis, the brokerage expects Bharti Airtel to climb to ₹2,115 in the near term, supported by strong momentum and investor interest.
Global brokerage Jefferies has also reaffirmed its bullish stance on the stock, maintaining a ‘Buy’ rating with a target price of ₹2,370. Jefferies outlined four key reasons to remain optimistic: Bharti Airtel is seen as a prime beneficiary of India’s growing consumption story, and the firm anticipates mid-teen revenue growth over the medium term. This optimistic outlook reflects the company’s strategic positioning in the telecom sector and its consistent performance across market cycles.
