Telecom Stocks

Telecom shares are in focus as Reliance Jio leads the June subscriber growth, Bharti Airtel grows modestly while Vodafone Idea continues to lose users in June.

Bharti Airtel, Voda Idea stocks slip into red from 52-week highs on tariff hikes; should you buy?

According to Morgan Stanley, the tariff hikes are in line with market expectations in terms of timing and magnitude

Vodafone Idea gains after board approves share issue to Ericsson India, Nokia India

The board also approved convening of an extraordinary general meeting of the company July 10, 2024 to approve the above matters

Vodafone Idea stock jumps 9% on UBS upgrade; analysts see up to 80% upside

UBS has maintained its 'Neutral' ratings on Bharti Airtel and Indus Towers with a material increase in target prices for both telecom stocks.

Indus Towers gains on strong Q4 results; CLSA puts 'buy' tag, Emkay retains 'Add'

Indus Tower expects the ongoing network expansion and 5G roll-outs, supplemented by the encouraging developments around a major customer's fund raise to provide a fillip to company's growth.

Vodafone Idea zooms 12% after FPO sees 6x subscription; focus shifts to allotment, listing

The fundaraise is expected to give Vodafone firepower to improve its positioning in the telecom space, where it currently trails larger rivals such as Reliance Jio and Bharti Airtel, by a wide margin.

Vodafone Idea shareholders approve fundraise of Rs 20,000 crore

The fundraise could potentially unlock revenue opportunities for multinational telecom gear vendors such as Nokia and Ericsson

Telecom stocks flat on muted subscriber trends; analysts eye Jio's market share gains

Reliance Jio lead the market with 41.8 lakh mobile subscriber addition in January, followed by Bharti Airtel's 7.52 lakh

Sharp rise in market share for Bharti Airtel in Hexacom markets shows superior execution: Jefferies

The analysts believe that this trend will continue given the lower teledensity in the regions--Rajasthan and North East--in which the subsidiary operates.

BofA Securities double upgrades Indus Towers to 'buy’, sees 28% upside

Analysts at BofA Securities said that the double upgrade for Indus Towers means that the risk-reward for the stock is turning favourable

Bharti Airtel gains focus as reports suggest process has begun for Hexacom IPO

According to the news report, Bharti Hexacom’s valuation is pegged to be around Rs 20,000 crore and the listing process may be completed by early 2024

Airtel, Tata Communications boost sectoral index; BSE Telecom index jumps 4%

Extending their losses into the third consecutive session, the Indian equity benchmarks the Sensex and the Nifty ended in the red on July 28.

D-Street Buzz: Telecom stocks surge up to 16%; Vodafone Idea top gainer in sectoral index

The Supreme Court on January 21 agreed to hear the modification plea filed by telecom operators

Telecom stocks have taken a beating this year; is it time to start buying them?

The BSE Telecom index has fallen 41 percent so far this year. The sector has been battling issues of low tariffs, eroding profitability, and rising debt as a result of an aggressive pricing war started by Reliance Jio

RComm, Idea Cellular, Bharti Airtel, MTNL to get astrological support: Satish Gupta

According to Satish Gupta of astrostocktips, telecom stocks like Reliance Communications, Idea Cellular, Bharti Airtel and MTNL will get astrological support.

RIL unveils JioPhone at Rs 0: Telecom, DTH stocks crack 2-9% post feature phone launch at AGM

Major telcos and cable networks fell between 2 and 9 percent intraday after the company unveiled the JioPhone at its AGM.

Idea Cellular sees selling pressure on Day 2: What analysts are talking about it

The stock had closed almost 10 percent closer on March 20 and fell over 7 percent intraday on Tuesday. CLSA has maintained its sell call on the stock, while Motilal Oswal has upgraded the stock to a buy call.

COMMENT: Why the Voda-Idea marriage is all about a smart pre-nuptial

While in any merger the two parties would ideally like to be equal partners, in a war zone there’s no bravado in leading from the front.

Idea-Vodafone merger: Experts worried about shareholder value due to pricing war

Feel that pricing wars may escalate, which usually does not create much shareholder value. They expect further bloodbath as well.

Upbeat analysts' view on Jio sends Reliance stock higher by 4%

Brokerage houses, in most cases, reiterate buy call on the stock with improved target prices, citing better prospects for Jio and advantage in the data segment.

Nifty ends tad below 8900, Sensex falls 145 pts; ITC drags

The market failed to hold 52-week high touched in early trade Thursday as the Nifty closed below 8900 on profit booking.

Sensex, Nifty close in red; ITC, ICICI, HDFC twins drag

BHEL was biggest gainer among Sensex and Nifty stocks, up 6 percent followed by Bharti Airtel, Asian Paints, Adani Ports, M&M, Yes Bank and Hindalco while BPCL, Grasim, Coal India, Tech Mahindra, Bajaj Auto, NTPC, Hero Motocorp and ITC fell 1-5 percent.

Market may open higher on global cues; Trump speech awaited

Global investors await key speech from US President Donald Trump to the joint session of the Congress; chances are likely that the President announces tax cuts and infra spending decisions as well. Back home, investors will await cues for the key GDP data as well.

Nifty 50 cos may post 6% profit growth in Q2 of 2016-17

Sales of companies constituting the 50-share well-diversified NSE index are seen to grow 3 percent in the July-September quarter compared with the year-ago period, said the report brought out by leading brokerage Motilal Oswal.

Stocks that must be on your radar

Some of the stocks that should be on your radar are: Steel stocks, Telecom stocks, Bharat Forge, Tourism Finance Corp of India, Idea Cellular, Adani Transmission, Bank Of Baroda, AIA Engineering.