Tata Tele is a sell for investors and delight for traders: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd. in a chat with ET Now gives his take on Tata Tele.

I will be surprised if you give a buy on this one because I have seen TTML for the last 5 years it stays at Rs.20, it doesn’t move what does one do with this one?

Yes, hit on the nail. The point here in Tata Tele is that it’s a loss making company. They have tried to garner funds by selling their stake in the tower company but all said and done I think for an investors it’s a sell while it’s a traders delight because stock usually trades in anywhere range between Rs.18 to Rs.24.