Bullish on Bharti Airtel: Sandeep J Shah, Sampriti Capital

Sandeep J Shah, CEO, Sampriti Capital, in an chat with ET Now, gives his views on Bharti Airtel


Do you think Bharti is a good safe haven bet?

Yes, absolutely. Bharti looks very interesting and the stock is actually even holding up like a rock in this market as well. The fact that the worst in terms of compared competitive intensity in India is over. The fact that they are scaling up on Africa of course on a quarterly basis you will have a blips here and there but I think in Bharti you have got to take a longer term view that they are looking to double their subscriber base in Africa over the next few years and they are going to replicate their whole infrastructure there and create the same miracle that they actually created in the telecom sector in India and Africa. Of course technically Singapore telecom has actually even buying the stock at lower levels so that actually provides a buffer for the stock price. Yes Bharti is a stock you do want to add in your portfolio and stay invested over the next two-three years.