Bharti Airtel briefly overtook HDFC Bank on Monday to turn out to be India’s second-largest company by market capitalisation, however marginal losses in its shares in direction of the shut pushed it again to 3rd place.
Bharti Airtel shares climbed 1.72 per cent to ₹1,938.10 on the NSE. Airtel’s whole market cap stood at ₹11,80,328 crore, simply behind HDFC Bank’s ₹11,82,223 crore — a spot that fluctuated by the session after Airtel hit an intra-day excessive of ₹1,953.80. Reliance Industries stays the nation’s most valuable agency at ₹18.04 lakh crore.
The Airtel inventory has gained over 10 per cent previously week and outperformed the broader market considerably, with one-year returns of 6.8 per cent in opposition to the Nifty 50’s adverse 5.54 per cent. HDFC Bank, in contrast, has shed 22.53 per cent year-to-date and 20.63 per cent over the previous yr, weighed down by the abrupt resignation of its part-time chairman Atanu Chakraborty. The financial institution’s administration has maintained there are not any governance considerations.
Airtel’s rise comes on the again of strong This fall FY26 outcomes. Income from operations grew 15.6 per cent year-on-year to ₹55,383 crore, whereas India cellular income rose 8.3 per cent, supported by greater Common Income Per Person (ARPU), which improved to ₹257 from ₹245 a yr in the past. Web revenue fell 33.5 per cent to ₹7,325 crore, largely attributable to a excessive base from one-time features within the year-ago quarter.
Wanting forward, Airtel plans to deploy 56 edge knowledge centres over the subsequent 18–24 months and has dedicated ₹20,000 crore to non-banking monetary providers. Chairman Sunil Bharti Mittal additionally expressed an aspiration to lift Bharti Telecom’s stake again to 51 per cent over the subsequent decade, from its present 40 per cent-plus holding.
Printed on Could 18, 2026
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