Bharti Airtel shares hit high for second straight session amid multiple positive triggers; stocks zoom 50% in 6 months
The counter has jumped around 9 per cent in the last three sessions post the announcement of tariff hike by 20-25 per cent in a range of services effective November 26, 2021. Besides, the scrip has zoomed around 50 per cent in the last 6 months against a 16 per cent rise in the S&P BSE Sensex
A day after the tariff hike, the company’s ratings outlook was upgraded to positive from stable by the global rating agency Moody’s on Tuesday. Source: Reuters