Bharti Airtel revisited

Bharti Airtel ( daily, 9 months)

Among the index stocks I find that Bharti Airtel has not moved much. Neither during the 2008 meltdown nor during the post March 2009 bull run. This is a respected company that knows its business. The management team is transparent, has integrity. The company has almost no debt. It is trying to expand its business outside India. Its low cost, customer centric telecom business model will have good future and growth outside India too.

My gut feeling is that this stock could go places once the MTN acquisition is over. Technically this stock is a 'buy' from 350 to 375. Presently this is one stock in indices that has not moved much and hence is not likely to be hammered by bears if market corrects severely.

rgds
Vibhas