Buy Bharti Airtel in the range 340.
Bharti Airtel (Bharti) reported its financial results for 3QFY11.
The company has a subscriber market share of 20.3% in India versus 20.8% as on 2QFY11.
With increasing competition the market share continues to decline for Bharti.
However the revenue market share for Bharti is at 30.6% as on 2QFY11.
Bharti reported strong Quarterly Revenue growth during the third quarter driven by stabilizing operating metrics and good operational performance in Africa.
(An increase of a company's sales when compared to a previous quarter's revenue performance is called the Quarterly Revenue growth.)
TARGET Rs.400/-
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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