HomeNewsBusinessStocksDon't buy Idea Cellular, says SP Tulsian

Don't buy Idea Cellular, says SP Tulsian

One may not buy Idea Cellular at current levels, says SP Tulsian of sptulsian.com.

June 25, 2013 / 17:52 IST
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SP Tulsian of sptulsian.com told CNBC-TV18, "I have not been comfortable beyond maybe Rs 140 or so in Idea Cellular. This stock is holding its level and we have been seeing the strong grip into the stock. Maybe even Reliance Communication can get included in the same category, whenever it corrects to the level of sub Rs 110, we can see the buying coming back."


"So, if one wants to take a call on the telecom sector I don't think that at current valuations Idea ideally looks a good buy at the current levels," he added. Also Read: Bharti makes 4G data services cheaper
 
first published: Jun 25, 2013 05:52 pm

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