In this episode of Stock 360, we track the movement of telecom company Bharti Airtel. The stock has made a bottom at 200-day moving average which was around Rs 510. The AGR ruling has taken away this overhang.

Bharti Airtel stock has underperformed in the last three months after being one of the best-outperforming stocks. If compared to the valuations, the promoter sold their stake at Rs 610 which is when the stock made a peak. Now if you compare it to Jio, obviously, it is trading at a very sharp discount.