- 09:00 PM Ranbaxy launches new drug in the US: PharmAsiaNews
- 08:04 PM November 27: Events to watch out for
- 07:18 PM Govt deeply concerned about rising prices: Pranab ...
- 06:46 PM MFs net buy Rs 158 cr in equities on Nov 25
- 06:38 PM FIIs net buy Rs 65.20 cr in equities on Nov 25
- 06:27 PM Nirmal Bang's after market report
- 06:21 PM Karvy negative on telecom sector
- 06:20 PM Support for rupee around 46.20/46.10: Commtrendz
- 06:08 PM Nirmal Bang's evening guide on commodity
- 06:04 PM Air India shelves lowcost carrier plans; peers ral...



Anagram Research has given a neutral rating to Idea Cellular in its June 27, 2008 research report. "As telecom sector is getting crowded by new entrants, we are witnessing consolidation among the existing players. The recent merger between Spice – Idea is a move in this direction. The deal is positive for the Shareholders of Spice as the deal struck at a substantial premium as compared to prevailing market price and the acceptance ratio in the open offer is also too high."
"As the cash infusion of Rs 4500 crore will help Idea to make its balance sheet clean and will provide a room for further expansions across India leading to pan India presence. But for Idea shareholders deal will be EPS dilutive in the near term because of the dilution and loss in Spice. But going forward as Idea moves towards Pan India presence, we think that the valuation multiples for the company can improve going forward," says Anagram's research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
For further details click on attachment.......
Attachments : Telecom1.pdf |
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- 10 companies that MF managers love
- Indian mkt to reach new highs in 2010: Roubini firm

- Ashwani Gujral's top five picks for today's trade

- Why Gates, Buffett are not giving up on US economy

- Sensex ends 344 pts down; mkts see highest turnover ever
- Ganeshaspeaks: Market prediction for Nov 26
- Expert stock/sector picks in these markets

- India to sell $70 bn shares in 3 years: Morgan Stanley
- Nifty to test 5500 post 5-7% correction: JM Financial

- Lanco Infra tying up funds for three power projects
Source: Business Line
- RIL units to get 20% of gas needs from D-6
Source: Business Line
- No need to ban cotton export, says Maran
Source: Business Line
- Karnataka hikes power tariff by 34.16 paise/unit
Source: Business Line










