Idea Cellular's share price will rise relative to the Sensex and the Nifty over the next 15 days on the back of "positive" October-December earnings, Morgan Stanley said in a note on Friday.
Idea will post results on Tuesday, and Morgan Stanley expects a 4% sequential traffic growth and 1% rise in average revenue per minute quarter-on-quarter.
That should translate into a 7.5% q-o-q growth in EBITDA and 21% growth in profit after taxes, Morgan Stanley estimates.
Idea shares are up 1.4% at Rs 115 at 12:45 pm.
