“We believe regulated utilities are in a good position to expand their incremental market shares given benign competition,” said Morgan Stanley’s analysts Girish Achhipalia, Amit Bhinde and Pranjal Jain in a client note.
Airtel profit surges 33% to Rs 9,015 crore in Q2, outpacing Jio in ARPU growth
Bharti Airtel has reported a profit surge to ₹9,015 crore in the September quarter. Average revenue per user increased to ₹271, widening the lead over