Jagannadham Thununguntla, Strategist & Head of Research of SMC Global Securities told CNBC-TV18, "Idea Cellular is one of the very few stocks probably left in the market now where people can confidently think about holding and probably even creating a long even at this level. Maybe I think Rs 180 level is definitely coming in it."
"The stock is consistently doing well in terms of operation performance. On top of that the share placement probably can create additional trigger to the stock. I think Idea can go up," he said. Also Read: Cabinet approves 100% FDI in telecomDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
