Ambareesh Baliga of Karvy Stock Broking is of the view that Bharti Airtel is overvalued at current levels.
Baliga told CNBC-TV18, "There will not be a benefit as such for the listed entity whatever benefits happen will accrue only after a while. So once it is more clear as to what benefits accrue to listed entity then the stock will react because stand alone Bharti Airtel is a bit too overvalued at this point of time but it has a very good run in the past one and half two months but its time it reacted from these levels."
