Shubham Agarwal, CEO of Qapp Securities is of the view that one can buy Bharti Airtel 400 Put.
Shubham Agarwal, CEO of Qapp Securities told CNBC-TV18, "Buy Bharti Airtel 400 Put around the current market price and the target would be Rs 25 and stop loss can be kept at Rs 8."
At 13:18 hrs Bharti Airtel was quoting at Rs 402.15, down Rs 9.30, or 2.26 percent. It has touched an intraday high of Rs 415.00 and an intraday low of Rs 399.90.The latest book value of the company is Rs 253.18 per share. At current value, the price-to-book value of the company was 1.59. The dividend yield of the company was 0.25 percent.