The residual passthrough of tariff hikes taken in July 2024 and higher mobile broadband user additions are expected to aid Airtel’s Q3. To be sure, the impact of last year’s price hikes is likely to boost APPU of all three private carriers, with Airtel set to be the top gainer.
Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400
Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its “High Conviction Overweight” list and raising the target price