Tuesday, February 16, 2010

Bharti Airtel

Bharti Airtel off late has been in the news due to the acquisition of Zain.

Market has hammered the share price like anything and it has gone/quoted its 52 week low yesterday.

I would advise to start building position in Bharti Airtel on this fall as it is bound to bounce back. Over a long period of time (say around 2 to 3 years) the fruits of acquisition would start bearing. That time the stock would be scaling new highs.

I would be taking some of my money out of quintegra, hfcl and move to Bharti Airtel as I see it as a very good buy at today's price of 268 Rs.

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