Bharti Airtel shares soar 7% after ICICI Securities upgrades stock to buy

Bharti Airtel shares jumped 7% to hit a high of Rs 1,230 on the NSE after ICICI Securities upgraded the stock’s rating to ‘Buy’ from and ‘Add’. It cited the company’s “solid fundamentals” behind the re-rating in its valuation.

ICICI sees a 20% upside in the stock with a target price of Rs 1,875…