Airtel's stock surged 33% in 2017 despite fall in profits
Shares of Sunil Mittal-led Bharti Airtel have gained 33% till date in 2017, while the Sensex gained 19%. The surge in stock came even as the country's largest telecom operator reported a 75% fall in June quarter net profit to â¹367 crore. The fall in profit came mainly due to the entry of Reliance Jio in September 2016.