Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.
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BofA Sec downgrades Bharti Airtel to underperform, slashes target by 22%
BofA Sec downgrades Bharti Airtel to underperform, slashes target by 22%
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