BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Macquarie maintains buy on Idea Cellular
Outlook for telecom sector is constructive. Do not expect return of tariff war with the entry of Reliance Jio into the voice telephony market. Rational bidding in upcoming auctions will allay concerns. Target Rs 220.