{
  "id": 19107539,
  "title": "Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy",
  "url": "https://urgent.news/2026/11/09/airtel-dips-1-2-post-results-as-citi-flags-299-plan-reversal-analysts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T06:28:44.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/airtel-dips-12-post-results-as-citi-flags-299-plan-reversal-analysts-hold-buy/article71681616.ece"
  },
  "original_language": "en",
  "account": "Bharti Airtel's shares declined 1.24% to ₹2,059.60 on the NSE following the company's second-quarter results, opening at ₹2,086 and trading with a slight sell bias. Despite strong Q2 FY27 numbers, the dip resulted from Citi's flagging of a reversal of its ₹299 prepaid recharge plan, which had been withdrawn three months prior. Citi maintained its Buy rating with a target price of ₹2,390, citing a rise in churn to 2.9% quarter-on-quarter and a sharp fall in net subscriber additions from 3.3 million to 0.7 million. However, brokerages like Motilal Oswal and Elara Securities remain optimistic, with Oswal maintaining a Buy rating and higher target price of ₹2,395, and Elara Securities raising its target to ₹2,523, focusing on ARPU expansion as the key earnings driver.",
  "summary": "Despite the subscriber miss, brokerages remain constructive on the stock",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}