Buy Bharti Airtel With Stop Loss Of Rs 325

Bhopal's toxic reality - 26 years and still hurtingTechnical analyst Anil Manghnani of Modern Shares and Stockbrokers has maintained 'buy' rating on Bharti Airtel Limited stock with targets of Rs 375 and 400.

According to analyst, the stock can be purchased with a stop loss of Rs 325.

The stock of the company, on Nov 30, closed at Rs 360.40 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 376.50 and a low of Rs 257 on BSE.

Current EPS & P/E ratio stood at 20.54 and 17.10 respectively.

Bharti Airtel announced that it will commercially roll out third-generation services by the end of December.

Bharti Airtel CMD Sunil Mittal stated, "We are on track to launch 3G services by the end of this year."

Mr. Mittal stated that the business hopes to see some progress in margins as the novel services will augment utilization of data.

Bharti bagged spectrum for 3G services in 13 of the India's 22 telecom service regions in the auction held by the administration earlier 2010.

Bharti airtel disclosed a new identity i¿½i¿½" a shared worldwide vision crosswise its operations in 19 nations in Asia as well as Africa.

The company also declared that it has crossed the significant landmark of 200 million clients, reinforcing its leadership place in worldwide telecom.