Bharti Airtel, Jio target share price pricing in 15-20% tariff hike: Gaurav Malhotra

In terms of valuations, telecom stocks have moved up and are trading a little bit ahead of their long-term averages, says Gaurav Malhotra. He says the Street is quite positively viewing this whole tariff increase. Do note that the last major increase happened in 2021, so it has almost been three years since the last increase happened.