Page 3 - Telecom Stocks

Bharti Airtel slips 3% despite over 91% YoY surge in December net

Airtel continues to report a healthy performance on Indian wireless business front with resilient and industry leading KPIs in terms of India post-paid/4G subscribers, ARPUs and margins.

Airtel's Q3 revenue may rise 20% YoY; Vi could face 6 mn subscriber exits

Telecom major Bharti Airtel is likely to report up to 19.7 per cent year-on-year (YoY) growth in revenue to Rs 35,750 crore in the December quarter (Q3FY23), pegged analysts

Indus Towers tanks 5%, hits over 2-year low on reporting net loss in Q3

The loss in the books was a result of adoption of stringent accounting practices by the Company due to continued shortfall in collections from one of the major customers, the company said.

Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'

Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.

TMS Ep294: Indian economy, India and COP27, Telecom stocks, 5G testbed

Indian economy: Fingers crossed for the second half? India and COP27: How does the new climate report affect them? Should you buy telecom stocks ahead of 5G boom? What is 5G testbed? Answers here

Should you buy telecom stocks ahead of the 5G boom?

5G services in India are set to gain full steam in the next few months. As telecom players pick up pilot launches in select cities, is it time to add these stocks to your portfolio? Let's find out

Govt equity in Vodafone Idea hinges on stock recovery: Indus Towers

Any equity infusion cannot be below par value, says Indus Towers in its Q2 report

Auto, retail, BFSI favorable investment bets in Samvat 2079: Vinay Paharia

The fair value growth of the Nifty is expected to be healthy in the long run, driven by a strong economic growth outlook, says Paharia

Bharti Airtel hits record high ahead of 5G services launch; stock soars 6%

Analysts at JPMorgan believe that Bharti Airtel is one of the key beneficiaries of Indian wireless market consolidation.

ITI soars 10% as board plans to mull equity share issue to the government

The company has undertaken many initiatives or projects, in order to boost their turnover and implement the revival plan.

Telecom, energy sectors see sharpest earnings cut after Q1

The Nifty earnings per share (EPS) is estimated to grow 9 per cent year-on-year to Rs 785 in FY23, against an earlier expectation of 13 per cent growth to Rs 820

Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers

CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC

Stocks to Watch: ITC, Zomato, Eicher Motors, Hero Moto, Voltas, Telcos

Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore

TMS Ep225: 5G auction, Indermit Gill, telecom stocks, middle-income trap

Has the 5G auction been a success? Who is the new World Bank chief economist, Indermit Gill? Are telecom stocks worth your hard-earned money? What is a middle-income trap? All answers here

Equity investors richer by over Rs 4.73 trn in two days of rally

The recent sell-off had made some stocks attractive, hence traders bought IT, metals and telecom stocks, says an analyst

Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS

Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.

Adani eyes 5G pie: Airtel, Voda Idea need to hold these levels going ahead

Bharti Airtel and Vodafone Idea can slip into a bear trap if these key supports levels are breached; MTNL by far seems a safer bet.

Stocks to watch: TCS, Tata Motors, Mahindra Holidays, D-Mart, Adani Group

Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.

Route Mobile hits 18-month low; stock sheds 25% in the two weeks

The company's EBITDA margins contracted from 14.2 per cent in Q4FY21 and 13.7 per cent in Q3FY22 to 11.1 per cent in Q4FY22.

5G auction, flat subscriber growth may weigh on Airtel, Voda Idea stocks

With organic cash flow, ongoing rights issue, strategic stake sale, improved market structure in India wireless, and easier 5G spectrum payment terms, Bharti remains well-placed to compete with R-Jio