There is strong growth of volume in telecommunication and these stocks have corrected too much in this fast moving market. the valuation of these stocks looks attractive and one must buy Bharti, MTNL.
Telecom stocks are now in warring among them to implement plans to earn. it will be highly benefitial to subscribers. they will sky rocketting after 3G spectrum settlement with government. But govt. handle the issue politically motivated and not revenue resources to become crorepathis.
Mr shankar sharma is the most fraud in the Indian Market and big poson of the stock amrket. He was barred by the SEBI and SAT many times. Why moneycontrol , the only one media is tracking this fraud?
I think going forward telecom companies would be more like FMCG companies. The financials for these companies would heavily dependednt on the volumes rather than the price. looking at the current EBITDA margins of these companies i still beleive theres enough scope of downward price revision. So, if we would still want to buy HUl and ITC for that matter why cant the telecom sector.
some more down turn will be there since the tariffs are likely to go down further. Better to stay away from telecom for at least one year till the dust settles down.
some more down turn will be there since the tariffs are likely to go down further. Better to stay away from telecom for at least one year till the dust settles down.
| NIFTY 
