Bharti Airtel shares rose 4% after the telecom major reported a 37% year-on-year jump in June-quarter net profit and an 18% increase in revenue. Brokerages remained bullish, with target prices implying up to 21% upside, driven by strong subscriber additions, higher ARPU and robust cash flows.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while