Tag: Telecom
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Reliance Industries – A Firm to Rely On
CMP: ₹1,532 Industry: Refining, Petrochem, ++ Conglomerate Large Cap with ₹9,85,000 crore mkt cap Current Valuation: P/E: 23 times and P/B: 2.4 times BUY with a target of ₹2,200 by May 2022 Summary Overview: Reliance Industries is the largest private sector firm and #1 by market cap in India. RIL has over decades proven its…
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Hyper-Competition and its Effects
Several sectors in India are in a hyper-competition phase. Some examples are Telecom Operators, Passenger Airlines and Mobile Phone Hardware sectors. Investors need to stay away from firms in this phase. What is Hyper-competition? Let’s see some examples. Telecom: In Feb 2013, the Supreme Court cancelled 122 telecom licenses in India. By Sept 2018, 5.5…
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Bharti Airtel: This is a year of consolidation
_____________________________________________________________ Date: 19 August 2012 Large Cap – Mkt Cap Rs 99,115 crores CMP: Rs 261 Advice: Accumulate in FY13 through SIP Target: Mar ’14 target of 421 Summary We have seen a fall of share prices by 39% this year. There’s no doubt that Bharti Airtel has lost its status as a safe long-term…
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Bharti Airtel – Take the call
Date: November12, 2011 CMP: Rs 396; Large Cap Advice: Safe long term investment Target: 18 month – 800 There is an update on this report called Bharti Airtel – This is a year of consolidation (Aug 2012) available for readers. Bharti Airtel is a large telecom player. The market leading India business is seeing high competition,…
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