Hold Idea Cellular, says Rajesh Agarwal

Rajesh Agarwal of Eastern Financiers told CNBC-TV18, "It is a good idea to hold Idea Cellular in your portfolio. It is a good stock. The numbers have been pretty good. The data business has been doing well and we believe that in the next 2-3 quarters data business is going to contribute a lot to the margins.”

He further added, “In recent spectrum sale they have won 8 circles for 4G and they will now be able to give 3G services in 12 circles. So that is a pretty good story going forward. Even the consolidation taking place in the telecom sector is going to help.”