Bharti Airtel share price rises ahead of June quarter results:

Bharti-Airtel

The telecom major is scheduled to come out with its June quarter earnings today which is expected to show COVID-related stress. Sequentially, the numbers may come on a softer side.

Brokerage firms are of the view that the company’s Q1 scorecard may show signs of pressure with overall revenue and ARPU shrinking.

Apart from the numbers, investors will await any update on tariff hikes and the 5G rollout. The company’s capex plans, if any, will also be keenly observed.

Bharti Airtel was quoting at Rs 578.55, up Rs 13.50, or 2.39 percent on the BSE.

News Source:- Moneycontrol

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