Airtel.. time to buy this stock?

Airtel posted its quarterly loss this week. A giant battered down by Reliance Jio, hurt by predatory pricing by the reliance juggernaut.

There are so many places that one sees airtel trying to match the jio prices and also not losing its customers.

That may be the bottom for this stock. Why? Because the signs are changing ( no financial analysis needed for all of this)

I am a broadband user of airtel. And have been for the last 10 years. The service is good.. though the prices were high.

With jio coming in , airtel gave away smart discounts.. smart in the sense that it was a discount for the next 6 months and not a permanent reduction of the mrp.. very similar to the corporate world where companies give a retention bonus.. for the next one year while not giving any increase in fixed pay increase.

So.. now that the six months has gone.. i find that airtel is not giving any more of these discounts... and even threatening to shift doesnt help... they are at their wits end in the race for survival.

This change in demeanour leads me to believe that their moving to black ie profits is just a matter of a max few quarters away.

Its time to buy...

Looking at whats happening around .. and taking heed..

Thats simplefinancialsense!