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Bharti Airtel an outperformer: Prabhudas Lilladher
Published on Thu, Jul 17, 2008 at 12:37 , Updated at Thu, Jul 17, 2008 at 12:46
Source : moneycontrol.com
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Prabhudas Lilladher has maintained its outperformer rating on Bharti Airtel with a target price of Rs 972 in its July 14, 2008 research report. "At 17.2x PER and 10.5x EV/EBIDTA of FY09E, the stock is attractively priced. Embedded value of Indus Towers and Bharti Infratel will serve as a cushion for long-term investors." "Given the uncertainty in the markets and the de-rating of the entire Indian basket, we feel the telecom theme should outperform the broader indices over the next 12 months. Reiterate Outperformer rating on the stock, target of Rs 972," says Lilladher's research report. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. For further details click on attachment...... |
Attachments : BhartiAirtel-14-7-08-PL.pdf |
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Sell short term target 550...
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