Stock market analyst Mitesh Thacker has maintained 'buy' rating on Bharti Airtel Ltd stock to achieve a short term target of Rs 362.

According to analyst, the interested investors can buy the stock with strict stop loss below Rs 329.

The stock of the company, on Sep 01, closed at Rs 337.30 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 15.32 respectively.

Bharti Airtel is all set to establish new telecommunication towers in the South African market.

In Feb this year, the company has bought the African assets of Zain Telecom.

As per sources, Bharti had already looked for bids to establish towers in countries such as Nigeria, Kenya and Tanzania.

In a declaration, country's top telecommunication services supplier Bharti Airtel stated that the company's stock owners have given their nod to pay an annual dividend of Rs 1 a share on the face value worth Rs 5 each.

Moreover, Bharti Airtel's chairman stated that he was not aware of any plans that Vodafone may have plans of selling around its 4.4% equity stake in the Indian company.