Hi, Punj lloyd results are very poor. But the stock is now available 118 range which is the super bottom. Buy this with stop loss of (106 Rs) for downside protection. If this moves up then it will cross 140 soon.
Then Airtel is also available at bottom price almost at 258 level. So you can buy (with stop loss of 232 Rs) and wait for short term. It may go to 280 Rs plus in 1 to 2 months). Wish you good luck.
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Well Bharti has made a good bottom u can buy it at current levels and it has a good valuation but still it is a concern to buy or not because of upcoming 3G spectrum allocation and takeover of Zain telecom, the company's debt equity ratio could go upto 1:3 since it has got a huge loan from many of our banks.
if you think of investment then it is a good opportunity to buy at these levels with a stoploss of 235 for a short term or medium term investment...........