Telecom stocks have been under pressure thus far in calendar year 2018 (CY18) with the S&P BSE Telecom index slipping 21 per cent year-to-date (YTD), as compared to a 1.2 per cent rise in S&P BSE Sensex, ACE Equity data shows.
Bharti Airtel, Idea Cellular and Reliance Communications have bene among the top losers among the telecom service providers that have lost 24 per cent to 44 per cent.
Sunil Mittal – owned Bharti Airel is likely to announce its March 2018 (Q4FY18) results today. Here is a quick compilation of what leading brokerages expect:
Kotak Institutional Equities
Jio’s pricing