I have bought Bharti Airtel stock at three different prices. Overall, I am in losses at the moment, I had started investing in it from the Rs 400 mark. How much time would it take to return to normalcy?
The situation that the telecom stocks find themselves in, it is very difficult to say when Bharti would go up. The outlook for telecom stocks has undergone a complete transformation. In fact the dynamics of the market itself has changed more towards negative. There is excess competition, tariffs are getting squeezed and revenue per user is not growing. Everybody in the field is trying to reconcile to the new situation.
As such, one should not expect a big change in stock prices.