Listen to the podcast to know what Ambareesh Baliga and Abhishek Karande said on the reason behind the phenomenal surge and what should investors do at this point
The sharp rally in the past couple of weeks has been fuelled by reports that global technology giant Google is in talks to buy a 5 per cent stake in the company.
Duopoly, with only Jio and Airtel, will be unhealthy and lead to job losses in the sector
IDBI Bank has rallied 89% during the week. It has become the sixth most valued listed lender, surpassing Bandhan Bank, YES Bank and IndusInd Bank in market capitalisation ranking.
With market capitalisation of Rs 26,522 crore, Vodafone Idea stood at number 96th position in the overall m-cap ranking at 09:27 am, the BSE data shows.
Vodafone Idea's ARPU at Rs 109 is nearly 20 per cent lower than Bharti Airtel. CLSA expects the company's ARPU to grow by 30 per cent by FY22, underpinned by tariff hikes
Dynamic Spectrum Refarming helps in enhancing user experience by making optimal use of network spectrum assets
The outperformance of MNCs has seen 19 such stocks grab a spot in the top 100 list of companies by m-cap, compared to 14 firms as on Jan 20, 2020, when the benchmark indices hit their all-time high.
A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Communication, Telecom Regulatory Authority of India and major mobile service providers
The stock has rallied 35 per cent in the past three days.
Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt
The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.
All that happened in the markets today
The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.
Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note
Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results
Analysts say deal will be a lifeline for Vodafone Idea, which has been ordered by SC to pay Rs 53,000 crore AGR dues
A senior government official told Business Standard that nearly 50% of Bharat Sanchar Nigam Ltd's base transceiver stations were damaged by the cyclone and would take a week to be fully restored.
"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts
Management commentary after Q4 results may help better understand further funding plan in view of AGR penalty and its future operational strategy, analysts said