Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
41.40
Change Change %
0.65 1.60%

Updated:14 Nov, 2018, 15:59 PM IST

BSE
41.45
Change Change %
0.75 1.84%

Updated:14 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Citi
N/A
29-09-2015 Sell 142.65 130.00
N/A
Target Hit Custom
29-09-2016

Citi Downgrades Idea to Sell

Citi has downgraded Idea Cellular to 'sell' for target price of Rs 130 per share. Citi says that the Idea is the most vulnerable to Reliance Jio launch and Jio's entry will cause higher capex for Idea. Citi adds that Idea has relatively inferior spectrum portfolio and stretched balncesheet. Delay in LTE launch will lead to market share loss. Valuation is also on the higher side for Idea.

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