GOLDEN RULES FOR TRADING

Telecom Stocks Outlook for the week – 27 to 30.04.2015

Telecom Stocks Outlook for the week – 27 to 30.04.2015

Outlook for the telecom sector remaining negative, stocks of major telecom companies are seen trading down next week, with the exception of market leader Bharti Airtel, which is expected to remain positive.

However, the market could indulge in some anticipatory trading in stocks of Bharti Airtel and Idea Cellular, which will report their Jan-Mar earnings on Apr 28.

Idea Cellular Ltd is expected to report a 10% sequential rise in its net profit for the March quarter, with its margins receiving boost from lower prices of diesel, which powers the company's telecom towers in remote areas.


Bharti Airtel is seen reporting a 5% sequential growth in its net profit for the quarter ended March with strong subscriber growth in the domestic market driving voice and data volume.