Motilal Oswal and Others Issue Buy Ratings on Bharti Airtel and Select Stocks with Upside Potential

Motilal Oswal has issued 'Buy' ratings on Bharti Airtel, Hyundai Motor India, Laurus Labs, and Cummins India, projecting up to 25% upside driven by tariff hikes, product launches, and data centre demand. For Bharti Airtel, the brokerage highlights strong free cash flow potential and a robust wireless business despite recent stock corrections linked to its NBFC investment and capital allocation concerns. Other firms like Nomura and JM Financial also remain bullish on Bharti, noting its strategic initiatives and growth prospects amid some investor caution over capital use and tariff timing.