January 30, 2013 / 5:13 AM / 5 years ago

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

* 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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below