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

Wed Jan 30, 2013 10:42am IST

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* 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)
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