Bharti Airtel a top pick: Baer Capital

Bharti Airtel is a top pick in the telecom space, says Alok Sama, Baer Capital.

Sama told CNBC-TV18, "We do think the worst is over for the telecom space. Bharti Airtel for example is one of our top picks in terms of positions we are building aggressively. So we do think, things have bottomed out with respect to the telecom space and we are looking to build that."
The company's trailing 12-month (TTM) EPS was at Rs 20.32 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 21.45. The latest book value of the company is Rs 116.56 per share. At current value, the price-to-book value of the company was 3.74. The dividend yield of the company was 0.23%.