Stock Name –Bharti Airtel Ltd
Listed Exchange: NSE, BSE
NSE Code – BHARTIARTL
P/E or Price to Equity Ratio: 28.97
EPS or Earnings per Share: 11.45
P/B or Price to book value ratio: 2.44
Market Capitalization: Rs. 1,32,573.77 crore
Current Price on NSE – 331.70
52 Week Low – 266.55
52 Week High – 373.80
Our Review of Bharti Airtel Stock
Bharti Airtel is one of the leaders in India’s telecom space. If you had invested in the stock in 2004, you would have invested at a level of 57 which means the stock has multiplied by 5.71 times. These are extraordinary returns.
DSP Blackrock mutual funds hold more than 68 lakh shares of Airtel. It has strong reach in the Indian market. Though the telecom stocks have taken some hit in the past few years due to a price war, in the long term the stock looks really good.