Hi All,
Excellent pick ...Master stroke from Abe....
Information about Bharti as below....
Life Insurance Corporation of India has hiked its stake in private telecom services provider Bharti Airtel to 5 per cent after acquiring shares worth Rs 13.17 crore. LIC has purchased 5 lakh shares, representing a 0.013 per cent stake in Bharti Airtel, for Rs 13.17 crore through an open market transaction, the telecom services provider said in a regulatory filing to the Bombay/National Stock Exchange.
The state-owned life insurer acquired the shares on June 30.
Prior to the acquisition, LIC held a 4.998 per cent stake in the company, while now it holds 5.011 per cent in Bharti Airtel.
As per the March quarter shareholding pattern available on the BSE, LIC of India held a 4.76 per cent stake in Bharti Airtel.
Shares of Bharti Airtel were trading at Rs 276.15 on the NSE today.
The state-owned life insurer acquired the shares on June 30.
Prior to the acquisition, LIC held a 4.998 per cent stake in the company, while now it holds 5.011 per cent in Bharti Airtel.
As per the March quarter shareholding pattern available on the BSE, LIC of India held a 4.76 per cent stake in Bharti Airtel.
Shares of Bharti Airtel were trading at Rs 276.15 on the NSE today.
In my opinion should be buy at cmp on futures with 15% upside in 2 months with sl 265.3
Shiv
----- Original Message -----From: A P AbrahamSent: 07 July, 2010 6:49 PMSubject: [sharetrading] Bharati
Buy as a LT holding………….. start at 20% of investibles
Bharati
And add as it goes down or up every 5%...
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
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