Telecom Stocks Outlook For The Week - 21 To 25.01.2019
Reliance Jio Infocomm Ltd's stellar earnings for the December quarter and indication that the company may continue to focus on subscriber addition may put pressure on stocks of Bharti Airtel and Vodafone Idea next week. The Reliance Industries Ltd subsidiary posted a net profit of 8.31 bln rupees for Oct- Dec, up 22% on quarter, while its quarterly topline crossed 100 bln rupees in just the sixth full quarter of commercial operations. Bharti Airtel will announce its earnings on Jan 31, while Vodafone Idea is still to give a date. For Reliance Communications, the Department of Telecommunications' approval for its spectrum sale to Reliance Jio will be a key trigger. Telecom stocks may also take cues from the broader market, where the focus remains on the Interim Budget on Feb 1.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Reliance Jio Infocomm Ltd's stellar earnings for the December quarter and indication that the company may continue to focus on subscriber addition may put pressure on stocks of Bharti Airtel and Vodafone Idea next week. The Reliance Industries Ltd subsidiary posted a net profit of 8.31 bln rupees for Oct- Dec, up 22% on quarter, while its quarterly topline crossed 100 bln rupees in just the sixth full quarter of commercial operations. Bharti Airtel will announce its earnings on Jan 31, while Vodafone Idea is still to give a date. For Reliance Communications, the Department of Telecommunications' approval for its spectrum sale to Reliance Jio will be a key trigger. Telecom stocks may also take cues from the broader market, where the focus remains on the Interim Budget on Feb 1.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
