Stock market analyst Salil Sharma has maintained 'buy' rating on Bharti Airtel Ltd stock with a target of Rs 368.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 350.

Today, the stock of the company opened at Rs 354.50 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 15.98 respectively.

Bharti Airtel Ltd. announced that it is ready to commence financial services on handsets.

The company said that it has bagged a licence during this quarter from the central banking institution (RBI) to make use of the semi-closed wallets, the pre-paid payment tools, redeemable at specific outlets, with which the telecom operator join hands.

But, semi-closed wallets do not allow either withdrawal of cash or redemption by the holder.

Airtel has declared its affiliation with the India Post in the state of Karnataka for collection of documents.

This will let all subscribers to benefit of services such as, Airtel prepaid and postpaid subscription form, help in filling up the form, gathering of docs, authenticating, substantiating and dispatch of the docs to Bharti Airtel.

The services will be accessible across 2000 post offices in Karnataka comprising 59 head post offices.