Bharti Airtel shares gain over 2% after Q4 results. Why Morgan Stanley sees more upside

Shares of Bharti Airtel rose over 2% on Thursday despite a 34% YoY fall in March-quarter consolidated net profit to Rs 7,325 crore. Investors focused on strong operational performance, with revenue climbing 16% to Rs 55,383 crore. Growth was led by steady momentum in the India business and resilient Africa operations, while India revenue, including passive infrastructure services, rose 8% year-on-year.

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