Companies
Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy
Reported by: BusinessLine ·
Summary
BusinessLine reported that Airtel shares fell 1.2% after the company's results. The outlet said Citi flagged a reversal of the ₹299 plan, and that subscriber numbers came in below what was expected. Despite that miss, BusinessLine said brokerages remain constructive on the stock, and analysts kept a Buy view. The 1.2% is the share price change on the day, not a company result. The ₹299 plan is a mobile tariff plan whose reversal Citi pointed to. This is the analyst's view, not Hypeless's.
AI summary of what BusinessLine reported. AI can make mistakes. Read the full story on BusinessLine
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BusinessLine · · Tone -1
Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy
Despite the subscriber miss, brokerages remain constructive on the stock
Some headlines quote an analyst. Those views are theirs, not ours.
Key terms
Words in this story, explained in plain language in our Learn pages.
- results
Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.
Learn: How to read a company's results
Earlier coverage
What outlets reported about the same company before this story, newest first.
Zee Business ·
Zee Business ·
BusinessLine ·
Q2 Results Today Live: Hindalco, Bosch, Siemens, Aster DM, Coromandel Intl, Gland Pharma, Voltas, Nuvama Wealth, 3M India to announce Q2 results, Bharti Airtel, LIC, Titan, ONGC, M&M shares in focus
CNBC TV18 ·
Bharti Airtel gets its highest share price target from CLSA after Q2 results; check upside potential
CNBC TV18 ·
Q2 Results Live Updates: Hindalco, Voltas, Aster report today; Bharti Airtel, Britannia, LIC react
The Hindu ·
Bharti Airtel net profit rises 24% to ₹10,710 crore in September quarter
Ask Hypeless about this story
Ask what it means, what a term in it means, or what other outlets said. Answers use only these outlets' headlines.
- What happened here, in simple words? Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy
- Where do the outlets differ in how they report this? Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy
- What does "results" mean?