Bharti Airtel's Q1FY26 net profit rose 38% YoY to ₹3,688 crore, driven by solid growth in India and Africa. ARPU improved to ₹250 from ₹211. However, SEBI RA Rajneesh Sharma flagged technical weakness, citing bearish divergences and momentum loss. The stock faces resistance at ₹2,046 and may fall to ₹1,555 if bulls fail to reclaim levels.