Dec 01, 2016 03:44 PM IST | Source: CNBC-TV18

Buy Bharti Airtel at around Rs 300-305, says Sanjiv Bhasin

Sanjiv Bhasin of IIFL is of the view that Bharti Airtel would be a buy closer to Rs 300-305.

Sanjiv Bhasin of IIFL told CNBC-TV18, "Telecom is an avoid but Bharti Airtel would be a buy closer to Rs 300-305. We think the payments gateway would be a very good opportune time and that would be a huge source of revenue given the type of change and disruption we have had. So, they have got a huge oversubscription on that going."

"We would think Bharti closer to Rs 300-305 would be an opportunity to buy despite this new launch of Reliance which has actually set the cat amongst the pigeon again," he said.

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