08 Oct 2025 | 5 Mins Read
Gaurav Malhotra prefers Bharti Airtel, Indus Towers over Vodafone Idea
Flipitmoney
Gaurav Malhotra, Axis Capital's Executive Director, recommends a positive view on Bharti Airtel due to strong earnings visibility from tariff hikes and premiumisation. He advises caution on Vodafone Idea, citing AGR issues, cash flow problems, and debt funding challenges. Indus Towers is suggested as a safer alternative, with a supportive valuation and attractive free cash flow yield.