Sell Bharti Airtel

Sell Bharti AirtelStock market analyst Ashwani Gujral said that the investors can exit Bharti Airtel stock on a rally to around Rs 375-380.

According to Mr. Gujral, it is better to exit stock at the said level as there are full chances of decline in the coming days.

Mr. Gujral also said that after selling the stock, the interested investors can buy the stock again to reap profits in medium or long term.

Today, the stock of the company opened at Rs 328 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 16.51 respectively.

India's biggest telecommunication service supplier Bharti Airtel hit the 200-million subscriber base.

Out o this big number, more than 150 million subscribers are from India.

Moreover, the company also launched its new brand logo, which is aimed at synergizing all its worldwide processes.

Bharti Airtel also announced that it will commercially launch third-generation services by December 2010.