{"id":345706,"date":"2026-11-13T09:24:55","date_gmt":"2026-11-13T03:54:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=345706"},"modified":"2026-11-13T09:24:55","modified_gmt":"2026-11-13T03:54:55","slug":"bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/","title":{"rendered":"Bharti Airtel Share Price: 30.9% CAGR in 3 Years as the Telecom Major Compares With Indus Towers and Tata Communications"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Bharti_Airtel_Share_Price_309_CAGR_in_3_Years_as_the_Telecom_Major_Compares_With_Indus_Towers_and_Tata_Communications\" title=\"Bharti Airtel Share Price: 30.9% CAGR in 3 Years as the Telecom Major Compares With Indus Towers and Tata Communications\">Bharti Airtel Share Price: 30.9% CAGR in 3 Years as the Telecom Major Compares With Indus Towers and Tata Communications<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#How_Much_Has_the_Bharti_Airtel_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Bharti Airtel Share Price Returned in 3 Years?\">How Much Has the Bharti Airtel Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Bharti_Airtel_vs_Indus_Towers_and_Tata_Communications_3-Year_CAGR_Compared\" title=\"Bharti Airtel vs Indus Towers and Tata Communications: 3-Year CAGR Compared\">Bharti Airtel vs Indus Towers and Tata Communications: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#What_Is_Driving_the_Bharti_Airtel_Stock\" title=\"What Is Driving the Bharti Airtel Stock?\">What Is Driving the Bharti Airtel Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#How_to_Compare_Telecom_Stocks_Yourself\" title=\"How to Compare Telecom Stocks Yourself\">How to Compare Telecom Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#The_Largest_Telecom_Name_in_Its_Peer_Set_at_a_PE_Below_the_Industry\" title=\"The Largest Telecom Name in Its Peer Set at a P\/E Below the Industry\">The Largest Telecom Name in Its Peer Set at a P\/E Below the Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#What_is_the_Bharti_Airtel_share_price_today\" title=\"What is the Bharti Airtel share price today?\">What is the Bharti Airtel share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#What_is_the_3-year_CAGR_of_the_Bharti_Airtel_stock\" title=\"What is the 3-year CAGR of the Bharti Airtel stock?\">What is the 3-year CAGR of the Bharti Airtel stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Is_Bharti_Airtel_better_than_Indus_Towers\" title=\"Is Bharti Airtel better than Indus Towers?\">Is Bharti Airtel better than Indus Towers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#What_does_Bharti_Airtel_do\" title=\"What does Bharti Airtel do?\">What does Bharti Airtel do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Is_the_Bharti_Airtel_stock_debt_free\" title=\"Is the Bharti Airtel stock debt free?\">Is the Bharti Airtel stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Is_Bharti_Airtel_expensive_compared_with_the_industry\" title=\"Is Bharti Airtel expensive compared with the industry?\">Is Bharti Airtel expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#Which_telecom_stock_gave_the_highest_return_in_3_years\" title=\"Which telecom stock gave the highest return in 3 years?\">Which telecom stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/bharti-airtel-share-price-3-year-cagr-vs-telecom-peers-indus-towers-tata-communications\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Bharti_Airtel_Share_Price_309_CAGR_in_3_Years_as_the_Telecom_Major_Compares_With_Indus_Towers_and_Tata_Communications\"><\/span><strong>Bharti Airtel Share Price: 30.9% CAGR in 3 Years as the Telecom Major Compares With Indus Towers and Tata Communications<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Bharti Airtel previous close Rs 2,096. 3-year CAGR 30.9%. Up 2.2x since 10 Nov 2023. ROE 19.62%. Market cap Rs 13,05,746 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Bharti Airtel share price<\/strong> closed at Rs 2,096 on 12 November 2026, a compounded annual return of 30.9% over three years. That compares with Indus Towers at 28.3% and Tata Communications at 0.7%. The company has a market cap of Rs 13,05,746 crore and a P\/E of 33.94 against an industry P\/E of 39.66.<\/p>\n<\/p><\/div>\n<p>The <strong>Bharti Airtel share price<\/strong> has more than doubled in three years, and the stock trades at a P\/E below the telecom industry level. Bharti Airtel, based in New Delhi, is one of the largest mobile operators in India and also sells broadband, enterprise services and digital products.<\/p>\n<p>This article compares that run with Indus Towers and Tata Communications. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=bharti-airtel-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Bharti_Airtel_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Bharti Airtel Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Bharti Airtel stock closed at Rs 935.50 on 10 November 2023 and at Rs 2,096.00 on 12 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.24 lakh, which is a CAGR of 30.9%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Bharti Airtel can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Bharti Airtel share price<\/strong> has also followed the growth in data use, a steady rise in revenue per user and the spread of its home broadband and enterprise businesses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bharti_Airtel_vs_Indus_Towers_and_Tata_Communications_3-Year_CAGR_Compared\"><\/span><strong>Bharti Airtel vs Indus Towers and Tata Communications: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 10 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 12 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 10 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (12 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Bharti Airtel<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 935.50<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 2,096.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.2x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">30.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Indus Towers<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 183.40<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 386.95<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.1x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">28.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Tata Communications<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,708.70<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,743.40<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.0x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.7%<\/td>\n<\/tr>\n<\/table>\n<p>The Bharti Airtel stock leads the group at 30.9%, followed by Indus Towers at 28.3% and Tata Communications at 0.7%. Bharti Airtel leads the group, followed by Indus Towers and then Tata Communications. Bharti Airtel is by far the largest of the three by market cap.<\/p>\n<p>Look at the <strong>Bharti Airtel share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/bhartiartl\/bharti-airtel-ltd-share-price-today\">Bharti Airtel<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 13,05,746 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">33.94<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">39.66<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">19.62%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">1.26<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/industower\/indus-towers-ltd-share-price-today\">Indus Towers<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,02,018 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">14.35<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.20<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">18.01%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.56<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/tatacomm\/tata-communications-ltd-share-price-today\">Tata Communications<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 49,737 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">45.67<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">39.66<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">35.61%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">3.93<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, Bharti Airtel is the largest of the group at Rs 13,05,746 crore, which gives it the scale advantage over Indus Towers, Tata Communications. On earnings, Bharti Airtel shares trade at a P\/E of 33.94 against an industry P\/E of 39.66, a discount of about 14% to the sector, which leaves room if earnings keep growing. Peer multiples are Indus Towers at 14.35 and Tata Communications at 45.67.<\/p>\n<p>Return on equity is 19.62% for the Bharti Airtel stock, which ranks second among the three, and debt to equity stands at 1.26. Trailing EPS is Rs 61.64. Telecom companies carry heavy network investments, so the P\/E should be read together with return on equity and the debt on the balance sheet.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Bharti_Airtel_Stock\"><\/span><strong>What Is Driving the Bharti Airtel Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bharti Airtel earns most of its income from mobile subscribers, and the company has focused on customers who spend more each month. It also sells fibre broadband, television and business services to enterprises.<\/p>\n<p>The company has operations in Africa through a separate listed arm and invests heavily in networks and spectrum, which explains its debt to equity of 1.26. A larger base of premium subscribers has helped its revenue per user.<\/p>\n<p>Followers of the <strong>Bharti Airtel share price<\/strong> usually track subscriber growth, revenue per user, data consumption and capital spending on networks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indus Towers is a Gurugram-based company that owns mobile towers and leases space on them to telecom operators. It compounded at 28.3% a year, on a market cap of Rs 1,02,018 crore and an ROE of 18.01%.<\/p>\n<p>Tata Communications is a Mumbai-based company that provides data, network and digital infrastructure services to enterprises across the world. It compounded at 0.7% a year, on a market cap of Rs 49,737 crore and an ROE of 35.61%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Bharti Airtel share price<\/strong>. First, growth in revenue per user. Second, the pace of broadband and enterprise growth. Third, capital spending on networks and the trend in debt.<\/p>\n<p>At a P\/E of 34, the stock trades below the industry P\/E of 40, and its ROE is 19.62%. Tariff changes can affect results, so follow quarterly numbers closely.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of telecom stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Telecom_Stocks_Yourself\"><\/span><strong>How to Compare Telecom Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Bharti Airtel stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Bharti Airtel share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Bharti Airtel share price<\/strong> and compare telecom stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Largest_Telecom_Name_in_Its_Peer_Set_at_a_PE_Below_the_Industry\"><\/span><strong>The Largest Telecom Name in Its Peer Set at a P\/E Below the Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Bharti Airtel share price<\/strong> compounded at 30.9% a year over three years, ahead of Indus Towers at 28.3% and Tata Communications at 0.7%. Its market cap is the largest of the three, and its ROE of 19.62% sits in the middle.<\/p>\n<p>Indus Towers brings the lowest P\/E, while Tata Communications brings the highest ROE. The choice depends on whether you prefer an operator, a tower owner or an enterprise network provider.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Bharti_Airtel_share_price_today\"><\/span><strong>What is the Bharti Airtel share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharti Airtel closed at Rs 2,096 on 12 November 2026, according to NSE data. It has a market cap of Rs 13,05,746 crore and a P\/E of 33.94. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Bharti_Airtel_stock\"><\/span><strong>What is the 3-year CAGR of the Bharti Airtel stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharti Airtel delivered a price CAGR of 30.9% over three years, moving from Rs 935.50 on 10 November 2023 to Rs 2,096.00 on 12 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Bharti_Airtel_better_than_Indus_Towers\"><\/span><strong>Is Bharti Airtel better than Indus Towers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharti Airtel delivered a higher three-year CAGR at 30.9% than Indus Towers at 28.3%. Bharti Airtel is much larger by market cap at Rs 13,05,746 crore against Rs 1,02,018 crore and has a slightly higher ROE at 19.62% against 18.01%, while Indus Towers trades at a lower P\/E of 14.35 against 33.94. The better choice depends on your view of each business.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Bharti_Airtel_do\"><\/span><strong>What does Bharti Airtel do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharti Airtel is a New Delhi-based telecom company that provides mobile, broadband and enterprise services in India and has a presence in Africa.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Bharti_Airtel_stock_debt_free\"><\/span><strong>Is the Bharti Airtel stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Bharti Airtel stock is 1.26 and its return on equity is 19.62%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Bharti_Airtel_expensive_compared_with_the_industry\"><\/span><strong>Is Bharti Airtel expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharti Airtel trades at a P\/E of 33.94 against an industry P\/E of 39.66. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_telecom_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which telecom stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Bharti Airtel delivered the highest three-year CAGR at 30.9%, followed by Indus Towers at 28.3%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Bharti Airtel share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bharti Airtel closed at Rs 2,096 on 12 November 2026, according to NSE data. It has a market cap of Rs 13,05,746 crore and a P\/E of 33.94. 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See how it compares with Indus Towers and Tata Communications on returns and ROE.<\/p>\n","protected":false},"author":35,"featured_media":345705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[370,23067,23066,23068],"class_list":["post-345706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-bharti-airtel-share-price","tag-bharti-airtel-stock","tag-bharti-airtel-vs-indus-towers","tag-telecom-stocks-3-year-return"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["345705"],"rank_math_title":["Bharti Airtel Share Price: 30.9% CAGR vs Indus Towers"],"rank_math_description":["Bharti Airtel share price compounded at 30.9% a year over 3 years. See how it compares with Indus Towers and Tata Communications on returns and ROE."],"rank_math_focus_keyword":["Bharti Airtel share price | Density Target: 1.2-1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/bharti-airtel-share-price-30-9-cagr-in-3-years-as-the-telecom-major-compares.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/345706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=345706"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/345706\/revisions"}],"predecessor-version":[{"id":345707,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/345706\/revisions\/345707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/345705"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=345706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=345706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=345706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}