MARKET EYE-Idea shares to outperform market in next 15 days-Morgan Stanley

Mon Jan 28, 2013 10:46am IST

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* Idea Cellular Ltd's share price will rise relative
to India's main indexes  over the next 15 days
on the back of "positive" October-December earnings, Morgan
Stanley said in a note on Friday.
* Idea will post results on Tuesday, and Morgan Stanley expects
a 4 percent sequential traffic growth and 1 percent rise in
average revenue per minute quarter-on-quarter (QoQ).
* That should translate into a 7.5 percent QoQ growth in EBITDA
and 21 percent growth in profit after taxes, Morgan Stanley
estimates.
* Idea shares are up 1 percent at 114.55 rupees.

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
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