Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers
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
Vodafone Idea can jump up to 40% from current levels, while Bharti Airtel may see a 6 per cent rise.
SBI share price skidded 3 per cent to Rs 443 on the BSE in the intra-day trade today as analysts worry that Voda Idea's precarious position may hit the lender's asset quality going ahead
While the Street has given a thumbs down to the development, technical charts suggest a completely different picture. MTNL has the best chart formation among the lot.
Reliance Jio announced a range of postpaid plans, including many firsts such as in-flight mobile connectivity
The stock hit a 15-month high of Rs 13.45 on Friday, zooming 75 per cent from Rs 7.69, touched in the intra-day trade on September 1
According to media reports, US wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in Vodafone Idea
Motilal Oswal Securities believes that with the Smartphone market largely settled and prevailing low ARPUs, there is a strong case for a price hike
The company's board of directors is scheduled to meet on September 4, 2020 to consider and evaluate any and all proposals for raising of funds in one or more tranches
The verdict soured sentiment at banking counters which were factoring-in at least 15 years timeline for the payment of AGR dues
The Supreme Court has allowed telcos to pay their outstanding dues in 10 years.
Vodafone Idea (VIL), which has liabilities worth Rs 53,000 crore pleaded saying that it does not have enough money to pay and should be given some time
Listen to the podcast to know what Ambareesh Baliga and Abhishek Karande said on the reason behind the phenomenal surge and what should investors do at this point
Meanwhile, Bharti Airtel hit the high of Rs 550 in Thursday's early morning deals
Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now
In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks
Bharti Airtel had, last month, told the exchange that it has deferred the September quarter result announcement till November 14, due to the adjusted gross revenue (AGR) issue.
A three-judge bench headed by Justice Arun Mishra said the telecom service providers would have to pay now fines and penalties on the fees not paid
Bharti Airtel and Vodafone Idea on Sunday announced a tariff hike in the range of 15 per cent and 40 per cent across different plans.