Buy Bharti Airtel at current levels 350 to 370 (Stock market guide )

Bharti Airtel Ltd [ Group (A) Sector: Telecommunications - Service Provider ]
BSE: 532454 NSE: BHARTIARTL Bloomberg: BHARTI IN IN Reuters: BRTI.BO ISIN Demat: INE397D01024


Hi i am back with more info on the bharti airtel stock well since past week we have seen a down rally in the stock resulting from 460 to 349 yesterday level.Many people are thinking that the stock might be going more down in upcoming days.While i have different opinion though it seems that it is difficult for the stock to rise again at the levels of 800 or so that was before the bharti issued 1:1 bonus 31/07/09 Stock Split From Rs. 10/- To Rs. 5/-

leading to the price of share to be half thereafter the stock tried to mantain the volume and also in price.But due to the mtn and bharti deal confusion there was some kind of volatility in this stock.
Outcome of bharti mtn deals and effect on the price of stock : Well since after that outcome of deal to be negative the stock had collapsed a little bit but loooking at future prospects you can hold it and get out at a level of 420 +







Financial results :

Financial ResultsApr-Jun
Net Sales10,429.94 Cr
Net Profit2,695.09 Cr
Net Profit2,695.09 Cr
Net Profit2,695.09 Cr
Net Profit2,695.09 Cr


I made money with this stock
well i was holding 150 shares of this stock and i made money out of it i was averaging between 417 for those 150 shares on 1/10/09 at 10.00 am it touched 455 which was really good price to sell it,so i decided to take money from the table and sold it and made profit...