{"id":325647,"date":"2026-10-23T16:21:54","date_gmt":"2026-10-23T10:51:54","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325647"},"modified":"2026-10-23T16:21:54","modified_gmt":"2026-10-23T10:51:54","slug":"ambit-capital-top-telecom-picks-airtel-vodafone-idea-indus-towers-buy-target-tariff-hike-arpu-outlook","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ambit-capital-top-telecom-picks-airtel-vodafone-idea-indus-towers-buy-target-tariff-hike-arpu-outlook\/","title":{"rendered":"Ambit Capital Telecom Picks: Why the Brokerage Backs Airtel, Vodafone Idea and Indus Towers With Buy Ratings and Higher Targets"},"content":{"rendered":"

Ambit Capital telecom picks are all Buy-rated, with Bharti Airtel as the top pick at a target of Rs 2,732, Indus Towers at Rs 532, Vodafone Idea at Rs 18.7 and Bharti Hexacom at Rs 2,130, as reported by Business Today on 22 Oct 2026. Against closing prices on 23 Oct, the targets imply gains of about 44% for Airtel, 40% for Indus Towers and 65% for Vodafone Idea (my calculation).<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Ambit Capital telecom picks rest on a view that telecom tariffs will keep rising, with Ambit expecting a 15% hike in December 2026 and then 12% every two years over the next decade. It rates Bharti Airtel, Indus Towers, Vodafone Idea and Bharti Hexacom as Buy, with Airtel as its top pick at Rs 2,732. The view assumes pricing discipline after Jio’s listing and continued government support for three private operators. These are brokerage opinions and not a recommendation to buy or sell.<\/p>\n<\/p><\/div>\n

Ambit Capital telecom picks come at a time when the sector is in the spotlight because of the Jio Platforms listing and the debate on tariff hikes. A brokerage that is positive on three different business models, a mobile operator, a debt-laden challenger and a tower company, gives investors a lot to think about.<\/p>\n

This article on Ambit Capital telecom picks covers the ratings and targets, the tariff thesis, how each stock looks on valuation and the risks the brokerage itself flags. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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