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Telecom shares in focus; Vodafone Idea up 12%, Bharti Airtel gains 3%

As per media reports, Vodafone Idea is considering increasing tariffs 15-20% by the end of the year or early next year

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buzzing stock | Markets | Vodafone Idea

SI Reporter  |  Mumbai 

Retail stores of Airtel and Vodafone Idea | File photo
In the past three months, the stocks of Vodafone Idea (up 8 per cent) and Bharti Airtel (down 6 per cent) have underperformed the S&P BSE Sensex

Shares of telecom service providers were in focus at the bourses on Tuesday amid hopes of tariff hike in the forthcoming months. Among individual stocks, (Vi) rallied 12 per cent to Rs 10.20 in the early morning deal after media report suggested that Vi is considering increasing tariffs 15-20 per cent by the end of the year or early next year.

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First Published: Tue, November 17 2020. 09:57 IST
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