Top 3 stocks to buy: Bharti Airtel, ITC, PNB by Ganesh Dongre of Anand Rathi | Target price, stop-loss, Nifty outlook
Bharti Airtel is in focus.
· LiveMint Markets
Nifty 50 outlook: Ganesh Dongre of Anand Rathi believes 22,000–21,700 remains a crucial support zone for the key benchmark…
The analysis
Against that, the stock is +0.0% on the day at ₹1,805.10, and has returned -6.5% over three months. It sits 16% below its 52-week high. The telecom & media sector has moved +1.3% over the same period, so Bharti Airtel is running 7.8 points behind its peers.
For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Market context
- The company directly in focus is BHARTIARTL.
- Sector exposure: Telecom & Media, FMCG.
- The immediate tone of coverage reads negative.
In this story
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