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Bangalore: After the talk between Bharti Airtel and MTN was called off, the stock of company slipped 8.05 percent or Rs.35.05 and ended the trading as one of the top losers on BSE (Bombay Stock Exchange). The stock of Bharti opened on day's high value of Rs.439, but investors lost hope in the later part of trading, and the price of a share came down to Rs.400.30 at the time of closing. Overall, 5,981,427 shares were traded throughout the day with a current P/E ratio at 18.12. The stock touched 52-week high of Rs.495 and low of Rs.242.

Bharti Airtel is a provider of telecommunication services with presence in all the 22 licensed jurisdictions in India and in Sri Lanka. As of March 31, 2009, it served an aggregate of 96.6 million customers. It operates through five segments. Mobile services segment offers mobile services using global system for mobile communication technology. Telemedia services segment provides broadband and telephone services (fixed line) in 15 circles spanning over 95 cities with focus on media and entertainment solutions, such as direct-to-home and internet protocol television.

Enterprise services carriers segment provides a portfolio of services to enterprise and carrier customers. Other telecom companies had also bad day in the office. Reliance Communication and Idea Cellular ended the trading in red zone with the loss of 5.60 and 4.34 percent respectively. Out of 35 stock analysts, currently following Bharti Airtel, consensus recommendation is outperform, while 15 have recommended to buy and nine asked to hold the stock. With 8,026,116 units of share, 'ICICI Pru Infrastructure Fund - Retail Plan' holds the highest number of shares in Bharti Airtel.