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ICICI Direct may upgrade Idea to buy; bullish on Airtel

With the kind of ARPM expansion that Idea has exhibited, no one would have expected that. The stock is expected to appreciate more from hereon. Its rival Bharti Airtel's core performance too was way above expectation, but tele media business and also to a large extent African operations have been disappointing

first published: Aug 2, 2013 01:15 pm

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