Bharti Airtel stock gains as Axis Direct sets INR 2,530 target

Published on 09/23/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bharti Airtel stock traded at INR 1,827.80 on September 23, 2026, up 0.58 percent. Axis Direct set a INR 2,530 target, while FY2026 revenue reached INR 210,972.80 crore.

Bharti Airtel, INE397D01024, Illustration mit AI erstellt.

Bharti Airtel Ltd. (ISIN INE397D01024) traded at INR 1,827.80 on the NSE at 11:37 a.m. on September 23, 2026, up INR 10.60 or 0.58 percent from the previous close of INR 1,817.20. The quotation sits below the 52-week high of INR 2,174.50 and above the 52-week low of INR 1,740.50.

Axis Direct sees 39.1 percent upside

Axis Direct listed Bharti Airtel as a BUY on September 23, 2026, with a current market price of INR 1,819 and a target price of INR 2,530. The stated upside is 39.1 percent, making the target the clearest current analyst reference for the stock.

The target is not a fresh comparison with an earlier Axis Direct target in the report. It is instead a dated valuation checkpoint against the quoted price: INR 2,530 compared with INR 1,819, a difference of INR 711.

FY2026 revenue reaches INR 210,972.80 crore

Moneycontrol reports Bharti Airtel revenue of INR 210,972.80 crore for fiscal year 2026, compared with INR 172,985.20 crore in fiscal year 2025. That represents an increase of INR 37,987.60 crore, or 21.96 percent, while reported net profit declined from INR 33,778.30 crore to INR 33,458.30 crore over the same periods.

The same financial data show fiscal-year 2026 EPS of INR 45.96, versus INR 58.00 in fiscal year 2025. The combination of higher revenue and lower EPS is important for the valuation discussion because the Moneycontrol page shows a trailing price-to-earnings ratio of 38.52 as of September 23, 2026.

Stock remains below yearly high

The NSE quote of INR 1,827.80 was INR 346.70, or 15.94 percent, below the 52-week high of INR 2,174.50 on September 23, 2026. It was INR 87.30, or 5.02 percent, above the 52-week low of INR 1,740.50, keeping the stock materially closer to its annual low than its annual high.

Moneycontrol recorded market capitalization of INR 1,113,842 crore and volume of 1,360,701 shares as of September 23, 2026. The current valuation therefore combines a large listed equity value with a price level that remains below the annual peak, while the latest annual data show revenue expansion but weaker EPS.

Bharti Airtel stock closes at INR 1,827.80

Bharti Airtel stock was quoted at INR 1,827.80 on the NSE as of 11:37 a.m. on September 23, 2026, with a daily gain of 0.58 percent. The reference market capitalization was INR 1,113,842 crore on the same date.