Stock market analyst Salil Sharma has maintained 'buy' rating on Bharti Airtel Limited stock with a target of Rs 378.

According to analyst, the interested investors can buy the stock with a stop loss of Rs 357.

The stock of the company, on Sep 30, closed at Rs 365.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 467 and a low of Rs 257 on BSE.

Current EPS & P/E ratio stood at 22.10 and 16.60 respectively.

In order to cover up big portion of the African mobile market and strengthen its functioning in 16 African nations, the telecom giant (Bharti Airtel) has began following up the low-priced "minute factory" model it initiated in the Indian market.

Moreover, Bharti Airtel Ltd turned the primary mobile operator in the country (Indian market) to get a license from the central banking institution (RBI) with the aim to provide mobile-payment services.

The Reserve Bank of India forwarded the green signal to make use of the "semi-closed mobile wallet" earlier this quarter.