Buy Bharti Airtel closer to Rs 330-336: Baliga

Published on Thu, Feb 09, 2012 at 10:22 |  Source : CNBC-TV18

Updated at Thu, Feb 09, 2012 at 10:54  

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Ambareesh Baliga , COO, Way2Wealth

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Buy Bharti Airtel closer to Rs 330-336, says Ambareesh Baliga, COO, Way2Wealth.

Baliga told CNBC-TV18, "Bharti Airtel at Rs 330-336 levels becomes a great buy because you should remember that the cancellation on the 2G licenses clearly is positive for Bharti and there will be consolidation in the industry going ahead."

He further added, "They should be able to increase the tariffs without really affecting the usage like what we saw last quarter. So overall you should be positive for Bharti in the longer run. So closer to Rs 330-336 it's a buy."

  

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