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Buy Bharti with target of Rs 360: Suresh A. Mahadevan

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With the Bharti stock moving up from Rs 280 to Rs 310 levels very quickly, people are curious to know where the stock is headed. Suresh A. Mahadevan, head of India equities, UBS Securities India, believes that there is more to come. He says Bharti’s business is bottoming out and very soon one will start to see a wave of sustained tariff hikes across the industry, which will be very beneficial for the industry.

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