In the bull case scenario, it said that the stock can rally up to Rs 3,400 or 29 per cent from the current market price. However, lower-than-expected telecom ARPU or subscribers can lead to a valuation multiple de-rating.
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.
Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market
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