Airtel Takes Back the No. 2 Crown
What Happened
Bharti Airtel has reclaimed India's second-largest listed company position, overtaking Jio Platforms. Airtel's market value reached approximately ₹13.08 lakh crore, edging past Jio Platforms at ₹12.95 lakh crore on November 6, 2026. The comeback followed strong quarterly results, with Airtel reporting a significant rise in profits and improved average revenue per user (ARPU).
Key Takeaways
Strong earnings and rising revenue per user helped Airtel regain its No. 2 position. Reliance Industries continues to hold the top spot, while the Airtel-Jio valuation battle highlights the growing competition in India's telecom sector.