Wednesday, February 5, 2014

Bhartiairtel- an analysis

Bhartiairtel is seriously involved in re-structuring its telecom business in Africa.It is saying that
announced a recast of Africa operations, dividing it into four strategic business units (SBU) that will report to Managing Director and Chief Executive Officer Christian de Faria from April 1.

 In the new structure of Airtel's Africa operations, all operating countries will now be clustered into four Strategic Business Units (SBUs) whose leaders will report into the MD & CEO - Africa, the statement added.

 On January 28, the company made changes in position of top executives at its headquarter in India which will also be effective from April 1.
  The stock price is traded around Rs 314,if there is a fall in price, it may come to a stalemate between 300 to 306. On further fall below 300,will drag down to a negative zone. If the price movement is takes place positively, it may reach a higher price at 327 and then 334.On rising above 334,this stock may be considered for long-term investment.Till then this stock may only be considered for intra-day trading.
Prof.T.A.Vijey.,M.E.,(Ph.D)
National Stock Exchange of India certified Trainer &
NSE certified market professional
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