Edelweiss brokerage has initiated a BUY recommendation on the Bharti Airtel Stock and has called it a Brave-heart Stock. The reasons recommended for the BUY are as follows,
1. Good corporate governance
2. Stable business and margins outlook
3. Improving cash flows
4. Low valuations
Every 2% increase in tariff adds INR 1,900 Cr :-) Looks like Airtel BULLs are back in action after Kapil Sibal's compromise formula.