<ul><li>Bharti Airtel's stock price dropped by 3.06% as Singtel executed a major share sale.</li><li>Singtel planned to sell over 1% stake in Bharti Airtel, valued at Rs 8,568 crore through open market transactions.</li><li>JPMorgan is expected to facilitate the block deal where Singtel aimed to sell approximately 4.76 crore shares at a floor price of Rs 1,800 per share.</li><li>Despite the stock decline, Bharti Airtel's share price recovered slightly to trade 2.75% lower and analysts maintain a positive outlook on the company with an average 12-month consensus price target suggesting an upside of 9.3%.</li></ul>

Bharti Airtel Stock Drops As Singtel Executes Major Share Sale

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