MARKET EYE-India's Idea shares fall after Q3 earnings disappoint

Wed Jan 30, 2013 10:42am IST

Related Topics

Stocks

   

* Shares in Idea Cellular Ltd shares fall as much as
2.6 percent after the mobile phone carrier posted
weaker-than-expected October-December net profit.
 
* Morgan Stanley says it could lower EBITDA estimates for Idea
in fiscal 2013 by around 4 percent. 
* The investment bank adds Bharti Airtel Ltd could
also miss EBITDA estimates for the October-December quarter.
 
* Shares in Idea Cellular fall 0.5 percent, while Bharti Airtel
shares fall 0.6 percent

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
FILED UNDER:

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage