Portfolio Manager, PN Vijay is of the view that one can buy Bharti Airtel at this level.
Vijay told CNBC-TV18, "I don't think the punishment for Bharti is going to last very long because there has been some genuine controversy about the spectrum allocation and as a market leader it has to make do with lower margins as competition picks up. But most of these things have got discounted in price while it been the top performer going back in the last rally; this particular rally has left Bharti cold. So for long-term investors Bharti would definitely be a buy around this time of course Reliance Comm at this point the star attraction in telecom show and we agree with that view."
