Page 3 - Telecom Stocks

TTML hits 5% lower circuit as telco opts for equity conversion on govt dues

The average price of the company's shares as per the calculation method provided in the DoT Communication works out to be around Rs 41.50 per share, subject to final confirmation by the DoT.

Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos

The three IT majors are scheduled to report Q3 earnings on Wednesday.

Voda Idea slumps 19% as board approves conversion of govt dues into equity

Vodafone Idea said the equity shares will be issued to the Government at par value of Rs 10 per share, subject to final confirmation by the DoT.

Vodafone Idea, TTML, MTNL can rally another 35-40% from current levels

Vodafone Idea can jump up to 40% from current levels, while Bharti Airtel may see a 6 per cent rise.

Telecom stocks rally as DoT announces planned 5G rollout in 13 cities

Voda Idea was the major gainer among the leading telecom stocks, up over 2 per cent; MTNL and TTML were locked at their respective upper limits

MTNL zooms 117% in December, trades at its highest level since June 2014

Till 10:21 am; a combined 4.9 million equity shares had changed hands and there were pending buy orders for 4.74 million shares on the NSE and BSE

Stocks to Watch: Surpiya Life, RBL Bank, SpiceJet, IOC, HFCL, telecom stks

Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock

This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now

The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018

Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos

Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user

Vodafone Idea soars 15%, hits fresh 52-week high; stock up 64% in 3-weeks

The shares of the telecom service provider were trading at their highest level since May 7, 2019

Vodafone Idea hits 31-month high, stock surges 38% in 4 trading days

With the current rally, the market value of VIL has zoomed 235 per cent from its 52-week low of Rs 4.55 touched on August 5, 2021

After 11 years of struggle, MTNL headed higher; Vodafone may see 40% jump

The slew of developments in the telecom space over the past few weeks have brought back investors' interest in this sector. Most stocks should do well over the next few sessions, tech charts show

Stocks to Watch: Hero MotoCorp, Aurobindo, Neogen, SPARC, telecom shares

Telecom shares may be in demand on credit of bank guarantee to the telcos

Vodafone Idea soars 12% to hit a 52-week high; stock up 32% this week

According to report, the Department of Telecommunications (DoT) has started releasing bank guarantees (BGs) issued by Bharti Airtel and Vodafone Idea.

This telecom stock has hit the upper circuit for 14th straight trading day

The Tata Group telecom services stock hit a new high of Rs 129.45, has been nearly doubled or up 97 per cent from level of Rs 65.70 on November 12, 2021

Vodafone Idea surges 14% on heavy volumes, stock at 9-month high

In past six trading days, the stock of telecom services provider has rallied 24 per cent after the company had increased its prepaid tariff by 20-25 per cent from November 25, 2021.

Tariff hike to aid Bharti Airtel's Q2 ARPU; profit may double QoQ: Analysts

Bharti Airtel's growth during the quarter will be led by segmented tariff hikes taken in the second quarter ended September

Telecom stocks in focus; Bharti Airtel, Vodafone Idea gain upto 7%

The pricing per se of JioPhone Next is not disruptive given the slew of smart phones already available in Rs 5,000-7,000 range, said ICICI Sec in a note

Voda Idea zooms 15% as govt grants relief; stock surges 72% in 10 days

The government announced a relief package for the telecom sector, providing a near term liquidity solution, particularly helpful to VIL, and addressed multiple long term issues of the sector.

Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished