Bharti Airtel stock in focus: Shabnam Sinha’s appointment, Rs 4-12 ARPU upside – key updates investors should know – Markets

Brokerages including Morgan Stanley, IIFL Capital, JM Financial and Citi expect the plan rationalisation to support Airtel’s Average Revenue Per User (ARPU) through premiumisation. Morgan Stanley estimates a potential gross monthly ARPU increase of Rs 8-12, while Citi sees a benefit of around Rs 4 per month. JM Financial estimates a potential Rs 5-6 increase.