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Bharti Airtel trades lower for fourth straight day, hits 4-month low

In the past four trading days, shares of the company have underperformed the market by falling 10 per cent, as compared to a 2 per cent decline in the S&P BSE Sensex.

Bharti Airtel second most valuable mobile operator in emerging Asia
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Analysts at Emkay Global Financial Services have a ‘buy’ rating on Bharti Airtel with the target price of Rs 684.

SI Reporter Mumbai
Shares of Bharti Airtel were trading lower for the fourth straight day on Tuesday. The stock was down 4 per cent at Rs 494 on the BSE, hitting a four-month low. The stock of the telecom services provider hit its lowest level of Rs 487.55 on April 29, 2020 in the intra-day trade.

In the past four trading days, shares of the company have underperformed the market by falling 10 per cent, as compared to a 2 per cent decline in the S&P BSE Sensex. Last week, the Supreme Court allowed telecom operators to stagger their adjusted gross revenue (AGR) dues