Profit

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

NSE
40.75
Change Change %
-0.05 -0.12%

Updated:13 Nov, 2018, 15:59 PM IST

BSE
40.30
Change Change %
-0.60 -1.47%

Updated:13 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
28-12-2015 Hold 139.85 150.00
N/A
Closed Custom
28-12-2016

Religare recommends hold on Idea Cellular

Religare recommends hold rating on Idea Cellular for target price of Rs 150 per share. It says Idea has launched 4G LTE services in four telecom circles - Andhra Pradesh & Telangana, Karnataka, Kerala and Tamil Nadu - at competitive prices (1GB at 3G prices). Religare adds that the launch, currently in tier III/IV cities, will only be extended to metro cities by Mar'16. Rekigare thinks the pricing strategy is at par with peers and would not lead to market share gains for Idea. Nevertheless, its content integrated plans should offer more value to subscribers. Stay cautious.

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