Buy Bharti Airtel, advises Rahul Shah

Rahul Shah of Motilal Oswal recommends buying Bharti Airtel for a target of Rs 430.

Rahul Shah of Motilal Oswal told CNBC-TV18, " Bharti Airtel has been an underperformer post results also. You might see some kind of short getting squeezed in this counter. So I would recommend buying Bharti at current levels with a stoploss of Rs 390 for a target of Rs 430."

At 14:04 hrs Bharti Airtel was quoting at Rs 396.25, down Rs 2.05, or 0.51 percent. It has touched an intraday high of Rs 403.60 and an intraday low of Rs 394.10.

Disclosure: Analyst does not have any positions in the stock.

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