The market regulator passed the order on June 25
In the past six months, the stock of this smallcap company has more-than-doubled as against 9 percent rise in the Sensex benchmark
Speaking to CNBC-TV18 Naveen Kulkarni of PhillipCapital said that the impact on Idea Cellular will be limited. Idea Cellular doesn't have spectrum in the 2300 MHz band, and hence it will be little impacted, says Kulkarni.
Phillip Capital maintains its Nifty target of 8,500.