Can Voda Idea become a penny stock again? Goldman Sachs thinks so

Mumbai: Goldman Sachs reiterated its “sell” rating on Vodafone Idea and retained its target price at Rs 3.30, and said it expects continued erosion in its market share. It believes that peer Bharti Airtel offers an attractive entry point. On Monday, Vodafone Idea shares closed 0.2 per cent lower at …

Read moreCan Voda Idea become a penny stock again? Goldman Sachs thinks so

VIL, Airtel lose over 59 lakh mobile users in June; Jio adds 45 lakh: Trai data

Monthly decline rates of urban and rural mobile subscription were 0.18% and 0.40%, respectively. Vodafone Idea Ltd (VIL) and Airtel lost about 48.2 lakh and 11.3 lakh users, respectively, in June, even as rival Reliance Jio added nearly 45 lakh customers strengthening its hold in the mobile telephony market, Trai’s …

Read moreVIL, Airtel lose over 59 lakh mobile users in June; Jio adds 45 lakh: Trai data

Here’s what brokerages say after Reliance Jio unleashes new postpaid tariff war

Brokerages retained their bullish stance on Bharti Airtel even after billionaire Mukesh Ambani-led Reliance Jio on Tuesday unveiled postpaid plans, bundling up to 500 GB of data and subscription to Netflix, Amazon Prime and Disney + Hotstar. Shares of Bharti Airtel, however, traded 5.78 per cent lower at Rs 443.80 …

Read moreHere’s what brokerages say after Reliance Jio unleashes new postpaid tariff war

Stocks to Watch: Route Mobile, HCL Tech, RIL, Bharti Airtel, Bank of India

NEW DELHI : Here’s a list of top ten stocks that may be in news on Monday: HCL Technologies: HCL Technologies has announced its intent to acquire DWS Limited, a leading Australian IT, business and management consulting group. “The transaction is expected to close in December 2020, subject to closing …

Read moreStocks to Watch: Route Mobile, HCL Tech, RIL, Bharti Airtel, Bank of India