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Bharti Airtel hits four-month high

The stock was up 2.4% to Rs 386, extending its 3% gain in past two trading sessions on the BSE.

Bharti targets Rs 200 ARPU to stay ahead
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SI Reporter Mumbai
Bharti Airtel hits four month high of Rs 386, up 2.4%, extending its 3% gains of the last two trading sessions on the BSE. The stock is 4% away from its 52-week high of Rs 401 touched on February 23, 2017 in intra-day trade.

Since May 10, 2017, post January-March quarter results, Bharti Airtel outperformed the market by gaining 11% as compared to 3.5% rise in the S&P BSE Sensex.

“Management highlighted its focus on improving the data market share (currently at around 35%), and aims to be the key beneficiary of market disruption. As competitive intensity bottoms