Here are the four stocks brokerages recommend trading on, namely Titan, Glenmark, Ultratech and Rel Comm.
Reliance Communications fourth quarter (Q4) results will go down as disappointment. Other income of Rs 826 crore helped telecom major to report profits of Rs 307 crore.
Reliance Communications , India's third-biggest mobile phone carrier by customers, said on Monday it had increased voice call prices on some of its plans by about a fifth and cut promotional offers and discounts on some others by up to 65 percent.
Angel Broking has come out with its earnings estimates on telecom sector for the March quarter FY13. The research firm expects revenue growth to be modest on the back of increase in MOU and inch up in voice ARPM, although there could be a slight decline in subscriber base.
Angel Broking has come out with its earnings estimates on cement sector for December quarter FY13. The research firm expects revenue growth to be modest on the back of increase in MOU, a slight inch up in VAS share and flat voice ARPM.
Emkay Global Financial Services has come with its earning estimates on Telecom sector for June quarter. For Q1FY13 the research firm expects reasonable volume growth as the wireless segment saw some tactical tariff cuts by Bharti in Q4FY12 to boost the traffic on network and re-gain its lost minutes market share.
A crucial issue that is at the heart of the upcoming 2G spectrum auction is the pricing of the spectrum. Trai is set to determine that within the next few days. Going by the initial reactions, it is clear that the base price for the auction may well be set higher than what the industry has called for.
Angel Broking has come with its December quarterly earning estimates for telecom sector.
Ashok Leyland has target of Rs 28, says Sudarshan Sukhani, s2analytics.com.
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ONGC | Rel Comm | Rel MediaWorks | M&M | Vikash Metal & Power | ILandFS Investment Managers | Idea Cellular | DLF | Camlin and Binani Cement are stocks that are in news today.
In the recent development investigation in the 2G scam, Mauritius SC has directed Mauritius Attorney General (AG) to assist Central Bureau of Investigation (CBI), reports CNBC-TV18, quoting sources.
If numbers are anything to go by, mobile number portability (MNP) has not made much of a dent in the fortunes of most telecom companies, as only about 4 million out of 771 million users have dumped their operators in the first five months of the much-vaunted initiative.
Rel Comm has target of Rs 150, says Kunal Bothra, Senior Technical Analyst of LKP.
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