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Mid Term Picks on
Mar 29th, 2010 |
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Invest in Bharti Airtel stock for long term gains. From the current levels the stock has the potential to reach upto Rs 440 in the next one year.
- CMP: Rs. 314
- Target: Rs: 440
- Book Value: Rs 72
- EPS: Rs 25
- Dividend: 20%
Bharti Airtel Stock Analysis:
- The biggest cellular service provider in India
- Has customers more than 10 crore
- The acquisition process of African mobile gaint “Jain Telecom” has reached the final stage
- Bharti is entering into Media and Entertainment sectors
- Between 2009 and 2011, the revenues and profits are expected to grow by compound rates of 19% and 15% respectively
Source: Sakshi Business News
The above recommendations are based on company fundamentals. We are not responsible for your investment decisions.