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Industry hails SC granting telcos right to claim tax credits on infra duties Industry players on Wednesday welcomed the Supreme Court’s ruling in favour of telecom companies, which affirmed their entitlement to claim credit for duties paid on parts such as tower components and green shelters.  The judgement is likely to benefit key players like Bharti Airtel, Vodafone, Tata Teleservices, and Indus Towers, by allowing them to claim tax credits previously considered ineligible. The judgment was passed by a division bench of Justices B.V. Nagarathna and ...
Industry hails SC granting telcos right to claim tax credits on infra duties
Industry hails SC granting telcos right to claim tax credits on infra duties
Source: IANS
2024-11-20 06:18:04 pm
ITI gains on securing contract worth around Rs 95 crore ITI is currently trading at Rs. 294.10, up by 2.85 points or 0.98% from its previous closing of Rs. 291.25 on the BSE. The scrip opened at Rs. 299.05 and has touched a high and low of Rs. 301.60 and Rs. 287.85 respectively. So far 268773 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.35 on 17-Jan-2024 and a 52 week low of Rs. 210.20 on 25-Oct-2024. Last one week high and low of the scrip stood at Rs. 324.0...
ITI gains on securing contract worth around Rs 95 crore
ITI gains on securing contract worth around Rs 95 crore
Source: Accord Fintech
2024-11-19 11:07:32 am
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir Sterlite Technologies is currently trading at Rs. 120.80, up by 1.85 points or 1.56% from its previous closing of Rs. 118.95 on the BSE. The scrip opened at Rs. 118.35 and has touched a high and low of Rs. 122.00 and Rs. 116.35 respectively. So far 311475 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.95 on 17-Nov-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip s...
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir
Source: Accord Fintech
2024-11-13 03:31:02 pm
OnMobile Global shines on entering into partnership with DeOSphere Onmobile Global is currently trading at Rs. 82.30, up by 3.99 points or 5.10% from its previous closing of Rs. 78.31 on the BSE. The scrip opened at Rs. 78.80 and has touched a high and low of Rs. 82.93 and Rs. 78.31 respectively. So far 35398 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.95 on 16-Jan-2024 and a 52 week low of Rs. 59.70 on 28-Mar-2024. Last one week high and low of the scrip stood at Rs. ...
OnMobile Global shines on entering into partnership with DeOSphere
OnMobile Global shines on entering into partnership with DeOSphere
Source: Accord Fintech
2024-11-12 11:06:43 am
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia Dixon Technologies is currently trading at Rs. 15679.15, up by 50.00 points or 0.32% from its previous closing of Rs. 15629.15 on the BSE. The scrip opened at Rs. 15615.00 and has touched a high and low of Rs. 15775.35 and Rs. 15401.30 respectively. So far 10960 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 15,999.95 on 25-Oct-2024 and a 52 week low of Rs. 5207.25 on 13-Nov-2023. Last one week high and low of ...
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia
Source: Accord Fintech
2024-11-11 10:59:23 am
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd Strong 2Q on tariff hike flow-through * Bharti Airtel (BHARTI) reported a strong 2QFY25, driven by flow-through of tariff hikes in the India wireless business (ARPU: +11% QoQ, vs. 7% QoQ for RJio) and robust incremental margins (~71% vs. 60% for RJio). * FCF generation (before spectrum prepayments) improved to INR98b as operational cash flows rose and capex moderated further. * Our FY25-26 earnings estimates are broadly unchanged. We build in FY24- 27 CAGR of ~13%/16% in consolidated...
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-10 04:15:53 pm
Sterlite Technologies surges on emerging as lowest bidder from BSNL Sterlite Technologies is currently trading at Rs. 126.90, up by 4.80 points or 3.93% from its previous closing of Rs. 122.10 on the BSE. The scrip opened at Rs. 123.80 and has touched a high and low of Rs. 129.70 and Rs. 121.95 respectively. So far 93603 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.95 on 17-Nov-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip st...
Sterlite Technologies surges on emerging as lowest bidder from BSNL
Sterlite Technologies surges on emerging as lowest bidder from BSNL
Source: Accord Fintech
2024-11-08 11:17:29 am
Bharti Airtel rings loud after joining hands with Indian Army Bharti Airtel is currently trading at Rs. 1600.25, up by 21.40 points or 1.36% from its previous closing of Rs. 1578.85 on the BSE. The scrip opened at Rs. 1583.95 and has touched a high and low of Rs. 1606.30 and Rs. 1565.90 respectively. So far 950949 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 929.30 on 10-Nov-2023. Last one week high and low of the scrip st...
Bharti Airtel rings loud after joining hands with Indian Army
Bharti Airtel rings loud after joining hands with Indian Army
Source: Accord Fintech
2024-11-06 02:54:31 pm
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd Core performance slightly weaker * Indus’ 2QFY25 reported financials came in ahead of our estimate owing to a higher-than-estimated reversal of prior period bad debt provisions (INR10.8b vs. our estimate of INR5b). * vHowever, its core operational performance was slightly below with Indus’ recurring EBITDA at INR37.9b (+1% QoQ, +7% YoY), coming in ~2% below our estimate on lower tower net additions and weaker energy spreads.   * Tower additions further moderated QoQ ...
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd Ltd
2024-11-05 09:30:24 am
Broadband sector to drive telecom industry growth, create new jobs The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years, according to a report on Tuesday.  The report by TeamLease Services, a people supply chain company, showed that the penetration of wired broadband in India currently stands at around 13 per cent. This figure is expected to accelerate as service providers prioritise broadban...
Broadband sector to drive telecom industry growth, create new jobs
Broadband sector to drive telecom industry growth, create new jobs
Source: IANS
2024-10-29 05:21:34 pm
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs Bharti Airtel reported an over two-fold rise in its second-quarter profit on Monday, as the telecom operator's first tariff hike in over two years boosted its revenue per user. India's No.2 wireless carrier's consolidated net profit jumped 168% to 35.93 billion rupees ($427.49 million) in the July-September quarter. Bharti Airtel had a one-time loss of 8.54 billion rupees during the quarter resulting from a unit's foreign exchange loss due to currency devaluation. The...
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
Source: Reuters
2024-10-28 05:38:18 pm
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers Bharti Airtel is currently trading at Rs. 1692.80, up by 1.05 points or 0.06% from its previous closing of Rs. 1691.75 on the BSE. The scrip opened at Rs. 1688.05 and has touched a high and low of Rs. 1701.25 and Rs. 1682.00 respectively. So far 44589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip stoo...
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers
Source: Accord Fintech
2024-10-23 01:58:44 pm
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha The DoT's apex decision-making body Digital Communication Commission Member Manish Sinha has said that telecom sector revenue may cross Rs 5 trillion in the next two years in line with the present growth trend fuelled by ease of doing business measures introduced by the government in the last 2-3 years. He mooted the idea of relooking at current practices of spectrum allocation and working on new methodologies like dynamic spectrum allocation, and for shorter duration to enhance spectrum ...
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha
Source: Accord Fintech
2024-10-21 11:24:49 am
Bharti Airtel gains on completing deployment of additional spectrum Bharti Airtel is currently trading at Rs. 1705.90, up by 3.15 points or 0.18% from its previous closing of Rs. 1702.75 on the BSE. The scrip opened at Rs. 1704.95 and has touched a high and low of Rs. 1715.20 and Rs. 1685.00 respectively. So far 193505 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip sto...
Bharti Airtel gains on completing deployment of additional spectrum
Bharti Airtel gains on completing deployment of additional spectrum
Source: Accord Fintech
2024-10-18 03:34:51 pm
India to have 1.2 billion smartphone connections by 2030, half of them 5G India is projected to have 1.2 billion smartphone connections by 2030, with half of the users on 5G smartphones, according to a new report.  According to global mobile network body GSMA, the country is projected to have over 641 million 5G subscribers by 2030, growing at 49 per cent. “India will see an unprecedented growth in the number of 5G mobile subscribers, and an explosion of data usage in the next six years,” according to GSMA Intelligence projections. This st...
India to have 1.2 billion smartphone connections by 2030, half of them 5G
India to have 1.2 billion smartphone connections by 2030, half of them 5G
Source: IANS
2024-10-18 10:37:00 am
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio Sterlite Technologies is currently trading at Rs. 123.90, up by 0.35 points or 0.28% from its previous closing of Rs. 123.55 on the BSE. The scrip opened at Rs. 124.90 and has touched a high and low of Rs. 124.90 and Rs. 123.40 respectively. So far 13766 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 170.00 on 20-Oct-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip st...
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio
Source: Accord Fintech
2024-10-17 10:08:55 am
HFCL rises on launching two revolutionary Unlicensed Band Radio products HFCL is currently trading at Rs. 135.90, up by 0.95 points or 0.70% from its previous closing of Rs. 134.95 on the BSE. The scrip opened at Rs. 135.00 and has touched a high and low of Rs. 137.75 and Rs. 134.55 respectively. So far 341998 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 171.00 on 23-Sep-2024 and a 52 week low of Rs. 61.52 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 141.55...
HFCL rises on launching two revolutionary Unlicensed Band Radio products
HFCL rises on launching two revolutionary Unlicensed Band Radio products
Source: Accord Fintech
2024-10-16 11:16:54 am
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore Railtel Corporation Of India is currently trading at Rs. 426.00, up by 17.90 points or 4.39% from its previous closing of Rs. 408.10 on the BSE. The scrip opened at Rs. 411.00 and has touched a high and low of Rs. 428.80 and Rs. 411.00 respectively. So far 123483 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 202.45 on 26-Oct-2023. Last one week high and low of th...
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore
Source: Accord Fintech
2024-10-16 10:08:58 am
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution Prime Minister Narendra Modi inaugurated the 8th edition of the International Telecommunication Union-World Telecommunication Standardization Assembly (ITU-WTSA) at Bharat Mandapam in New Delhi on Tuesday, emphasising India's rapid strides in telecom and digital technology.  Along with the 8th edition of the ITU-WTSA, the Prime Minister also inaugurated the 8th edition of the India Mobile Congress (IMC), with the theme, 'The Future is Now'. Addressing the assembly, PM M...
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution
Source: IANS
2024-10-15 01:01:15 pm
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel, two sources familiar with the matter said. This comes after Ericsson got part of a $3.6 billion contract last month for selling 5G equipment to India's Vodafone Idea. It shared the contract with Nokia and Samsung. The new contracts are expected to boost Ericsson's revenue next year after seeing a big fall in contracts from India in the fir...
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say
Source: Reuters
2024-10-14 04:00:57 pm
India enters top league globally in filing 6G tech patents After successfully deploying 5G across the nation in record time, India is fast advancing on 6G technology, and now ranks in the top league when it comes to filing patents related to 6G.  The country now ranks among top six in global 6G patent filings. Prime Minister Narendra Modi has envisaged India to be a front-line contributor in the design, development and deployment of 6G technology by 2030. Under the 'Bharat 6G Vision', the government is already evaluating 470 propos...
India enters top league globally in filing 6G tech patents
India enters top league globally in filing 6G tech patents
Source: IANS
2024-10-14 11:12:31 am
Internet subscribers in India reach 969.6 million, average revenue per user grows  The total number of Internet subscribers in India increased from 954.40 million to 969.60 million in the April-June quarter, registering a quarterly rate of growth of 1.59 per cent, the government said on Wednesday.  Out of 969.60 million internet subscribers, number of wired Internet subscribers are 42.04 million and number of wireless Internet subscribers are 927.56 million, as per data by the Telecom Regulatory Authority of India (TRAI). The broadband Internet subscriber b...
Internet subscribers in India reach 969.6 million, average revenue per user grows
Internet subscribers in India reach 969.6 million, average revenue per user grows
Source: IANS
2024-10-10 09:26:38 am
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh Bharti Airtel is currently trading at Rs. 1663.00, up by 22.25 points or 1.36% from its previous closing of Rs. 1640.75 on the BSE. The scrip opened at Rs. 1656.95 and has touched a high and low of Rs. 1669.40 and Rs. 1643.65 respectively. So far 757193 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip st...
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh
Source: Accord Fintech
2024-10-07 01:58:16 pm
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services We expect Jio, Bharti India wireless, BHL and VIL’s 2QFY25 EBITDA to grow by 10-14% QoQ, assuming that impact of most of the tariff hike (of 15-17%, announced in the 1 st week of Jul'24) will be reflected in 2QFY25 while the full impact is likely to be visible only by 3QFY25. Further, ARPU growth for all players will also be aided by one more day during the quarter and the ongoing upgrades to smarthphone/post-paid plans. However, all these private telcos are expected to record net w...
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services
Source: JM Financial Services
2024-10-06 05:37:22 pm
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016  Leading telecom service provider Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government to clear high-cost deferred liabilities for spectrum acquired in 2016.  The telecom operator prepaid the amount to the Department of Telecom (DoT) with an interest rate of 9.3 per cent, it said in a statement. In June this year, Bharti Airtel prepaid Rs 7,904 crore to the DoT to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In a stock ex...
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016
Source: IANS
2024-09-30 04:10:14 pm
Avantel zooms on bagging purchase order worth Rs 44.49 crore Avantel is currently trading at Rs. 183.15, up by 11.55 points or 6.73% from its previous closing of Rs. 171.60 on the BSE. The scrip opened at Rs. 176.10 and has touched a high and low of Rs. 193.00 and Rs. 176.10 respectively. So far 837645 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 223.80 on 09-Jul-2024 and a 52 week low of Rs. 78.64 on 29-Sep-2023. Last one week high and low of the scrip stood at Rs. 19...
Avantel zooms on bagging purchase order worth Rs 44.49 crore
Avantel zooms on bagging purchase order worth Rs 44.49 crore
Source: Accord Fintech
2024-09-30 11:49:48 am
India set to host its 1st World Telecommunication Standardisation Assembly next month World telecom leader, experts and academia from more than 190 countries are set to attend the 10-day World Telecom Standardisation Assembly (WTSA2024) in India next month, as the country becomes a global leader in telecom-related technologies.  The ‘WTSA 2024’ is being held for the first time in the International Telecommunication Union (ITU) history of 150 years in the national capital from October 14-24. According to DoT, India hosting the ‘WTSA-2024’ is a...
India set to host its 1st World Telecommunication Standardisation Assembly next month
India set to host its 1st World Telecommunication Standardisation Assembly next month
Source: IANS
2024-09-27 03:58:48 pm
RailTel Corporation surges on bagging work order worth Rs 155.71 crore RailTel Corporation is currently trading at Rs. 470.75, up by 9.45 points or 2.05% from its previous closing of Rs. 461.30 on the BSE. The scrip opened at Rs. 474.05 and has touched a high and low of Rs. 478.85 and Rs. 469.15 respectively. So far 104066 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 200.30 on 09-Oct-2023. Last one week high and low of the scrip st...
RailTel Corporation surges on bagging work order worth Rs 155.71 crore
RailTel Corporation surges on bagging work order worth Rs 155.71 crore
Source: Accord Fintech
2024-09-27 12:30:47 pm
India revolutionising telecommunications with 6G technology: Communications Minister Jyotiraditya M.Scindia India is on the cusp of revolutionising telecommunications with 6G technology, Union Communications Minister Jyotiraditya M. Scindia said on Thursday.  In his remarks at a high-level interaction in Bengaluru, where the Bharat 6G Alliance (B6GA) presented a series of in-depth action plans for 6G technology development. Scindia emphasised the government’s unwavering commitment to fostering the next generation of communication technology in India. "India is on the cusp of r...
India revolutionising telecommunications with 6G technology: Communications Minister Jyotiraditya M.Scindia
India revolutionising telecommunications with 6G technology: Communications Minister Jyotiraditya M.Scindia
Source: IANS
2024-09-27 09:36:19 am
Bharti Airtel gains on launching India`s first network-based, AI-powered spam detection solution Bharti Airtel is currently trading at Rs. 1764.35, up by 3.90 points or 0.22% from its previous closing of Rs. 1760.45 on the BSE. The scrip opened at Rs. 1764.90 and has touched a high and low of Rs. 1778.95 and Rs. 1746.25 respectively. So far 589634 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip sto...
Bharti Airtel gains on launching India`s first network-based, AI-powered spam detection solution
Bharti Airtel gains on launching India`s first network-based, AI-powered spam detection solution
Source: Accord Fintech
2024-09-26 03:20:08 pm
Bharti Airtel move up on making concerted effort to bolster network infrastructure in Gujarat Bharti Airtel is currently trading at Rs. 1755.20, up by 4.45 points or 0.25% from its previous closing of Rs. 1750.75 on the BSE. The scrip opened at Rs. 1753.95 and has touched a high and low of Rs. 1767.00 and Rs. 1746.10 respectively. So far 57339 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1767.00 on 24-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip stoo...
Bharti Airtel move up on making concerted effort to bolster network infrastructure in Gujarat
Bharti Airtel move up on making concerted effort to bolster network infrastructure in Gujarat
Source: Accord Fintech
2024-09-24 02:14:54 pm
Telecom Sector Update :Industry 1QFY25 AGR continues to rise on telcos` premiumisation play By JM Financial Services Ltd TRAI’s 1QFY25 AGR data shows 0.9% QoQ and 7.5% YoY growth in Industry AGR (incl. NLD/ILD revenue). In absence of any major tariff hikes, this was primarily on account of telcos’ continued premiumisation efforts (MBB upgrades, prepaid-to-postpaid upgrades, data monetisation and international roaming), aided by decent wireless subscriber (subs) growth (of 5mn) in 1QFY25. Jio’s AGR (incl. NLD/ILD) market share strengthened to 41.7% in 1QFY25 (up 57bps QoQ and up 113bps YoY) on ...
Telecom Sector Update :Industry 1QFY25 AGR continues to rise on telcos` premiumisation play By JM Financial Services Ltd
Telecom Sector Update :Industry 1QFY25 AGR continues to rise on telcos` premiumisation play By JM Financial Services Ltd
Source: JM Financial Services Ltd
2024-09-23 12:34:08 pm
Telecom Sector Update : Tariff hike leading to a decline in subscribers By Motilal Oswal Financial Services Ltd Bharti, VIL, and RJio lost subscribers while BSNL gained from them. * Bharti - Impact on lower-end subscribers; continued growth in 4G/5G subscribers * RJio - Loss in 4G/5G subscribers while lower-end subscribers remained stable * VIL - Continued loss in lower-end and 4G/5G subscribers The Telecom Regulatory Authority of India (TRAI) released the subscriber data for Jul’24. The key highlights are as follows: * Major SIM consolidation occurred in the rural area: * The i...
Telecom Sector Update : Tariff hike leading to a decline in subscribers By Motilal Oswal Financial Services Ltd
Telecom Sector Update : Tariff hike leading to a decline in subscribers By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-09-23 11:59:32 am
Tata Communications inches up on raising Rs 250 crore through Commercial Paper Tata Communications is currently trading at Rs. 1978.65, up by 1.80 points or 0.09% from its previous closing of Rs. 1976.85 on the BSE. The scrip opened at Rs. 1991.55 and has touched a high and low of Rs. 1991.55 and Rs. 1961.00 respectively. So far 3737 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2085.00 on 03-Apr-2024 and a 52 week low of Rs. 1543.10 on 26-Oct-2023. Last one week high and low of the scr...
Tata Communications inches up on raising Rs 250 crore through Commercial Paper
Tata Communications inches up on raising Rs 250 crore through Commercial Paper
Source: Accord Fintech
2024-09-20 12:38:35 pm
India set to play pivotal role in AI use to boost social, economic progress: Centre  As the adoption of artificial intelligence (AI) and generative AI (GenAI) surges worldwide, India is set to play a pivotal role in its use to accelerate social and economic progress, the government said on Thursday.  Dr Neeraj Mittal, Secretary, Department of Telecommunications (DoT), said that globally, AI and GenAI are evolving rapidly and the world is witnessing their remarkable potential. “This year, India will host ‘World Telecom Standardization Telecom Assem...
India set to play pivotal role in AI use to boost social, economic progress: Centre
India set to play pivotal role in AI use to boost social, economic progress: Centre
Source: IANS
2024-09-19 02:22:49 pm
Bharti Airtel rises as its arm, Cisco launch Airtel SD-Branch Bharti Airtel is currently trading at Rs. 1672.80, up by 20.15 points or 1.22% from its previous closing of Rs. 1652.65 on the BSE. The scrip opened at Rs. 1646.65 and has touched a high and low of Rs. 1711.00 and Rs. 1646.65 respectively. So far 109679 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1711.00 on 19-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip st...
Bharti Airtel rises as its arm, Cisco launch Airtel SD-Branch
Bharti Airtel rises as its arm, Cisco launch Airtel SD-Branch
Source: Accord Fintech
2024-09-19 02:20:29 pm
Avantel soars on receiving Purchase Order worth Rs 9.39 crore Avantel is currently trading at Rs. 177.65, up by 8.05 points or 4.75% from its previous closing of Rs. 169.60 on the BSE. The scrip opened at Rs. 174.65 and has touched a high and low of Rs. 184.00 and Rs. 173.00 respectively. So far 545539 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 223.80 on 09-Jul-2024 and a 52 week low of Rs. 67.32 on 20-Sep-2023. Last one week high and low of the scrip stood at Rs. 184...
Avantel soars on receiving Purchase Order worth Rs 9.39 crore
Avantel soars on receiving Purchase Order worth Rs 9.39 crore
Source: Accord Fintech
2024-09-18 10:30:40 am
RailTel Corporation soars on bagging work order worth Rs 48.70 crore Railtel Corporation of India is currently trading at Rs. 476.80, up by 7.30 points or 1.55% from its previous closing of Rs. 469.50 on the BSE. The scrip opened at Rs. 469.40 and has touched a high and low of Rs. 483.15 and Rs. 464.50 respectively. So far 84638 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 200.30 on 09-Oct-2023. Last one week high and low of the ...
RailTel Corporation soars on bagging work order worth Rs 48.70 crore
RailTel Corporation soars on bagging work order worth Rs 48.70 crore
Source: Accord Fintech
2024-09-17 03:25:51 pm
Bharti Airtel surges as its arm joins hands with Amazon Prime Bharti Airtel is currently trading at Rs. 1658.05, up by 22.65 points or 1.38% from its previous closing of Rs. 1635.40 on the BSE. The scrip opened at Rs. 1650.00 and has touched a high and low of Rs. 1659.00 and Rs. 1639.05 respectively. So far 17444 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1655.00 on 17-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip sto...
Bharti Airtel surges as its arm joins hands with Amazon Prime
Bharti Airtel surges as its arm joins hands with Amazon Prime
Source: Accord Fintech
2024-09-17 12:24:31 pm
RailTel Corporation zooms on winning order worth Rs 19.69 crore Railtel Corporation Of India is currently trading at Rs. 479.80, up by 9.85 points or 2.10% from its previous closing of Rs. 469.95 on the BSE. The scrip opened at Rs. 470.45 and has touched a high and low of Rs. 486.55 and Rs. 468.25 respectively. So far 137353 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 200.30 on 09-Oct-2023. Last one week high and low of the...
RailTel Corporation zooms on winning order worth Rs 19.69 crore
RailTel Corporation zooms on winning order worth Rs 19.69 crore
Source: Accord Fintech
2024-09-13 01:59:01 pm
Centre simplifies approval norms for telecom licenses, wireless equipment The Centre on Tuesday announced several key changes to simplify approval processes for telecom licenses and wireless equipment, in its bid to further pursue structural reforms and ease of doing business in the telecom sector.  The Department of Telecommunications (DoT) introduced changes to the approval processes for issuing Experimental Licenses, Demonstration Licenses, and Equipment Type Approvals (ETA). These changes are based on the recommendations of the Telecom Regulatory Author...
Centre simplifies approval norms for telecom licenses, wireless equipment
Centre simplifies approval norms for telecom licenses, wireless equipment
Source: IANS
2024-09-11 09:44:28 am
RailTel Corporation gains on bagging order worth Rs 10.92 crore Railtel Corporation Of India is currently trading at Rs. 496.50, up by 2.20 points or 0.45% from its previous closing of Rs. 494.30 on the BSE. The scrip opened at Rs. 496.25 and has touched a high and low of Rs. 501.80 and Rs. 496.25 respectively. So far 35663 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 200.30 on 09-Oct-2023. Last one week high and low of the ...
RailTel Corporation gains on bagging order worth Rs 10.92 crore
RailTel Corporation gains on bagging order worth Rs 10.92 crore
Source: Accord Fintech
2024-09-05 09:58:19 am
HFCL moves up on completing BSNL’s Network Infrastructure Enhancement project HFCL is currently trading at Rs. 147.30, up by 0.70 points or 0.48% from its previous closing of Rs. 146.60 on the BSE. The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 149.55 and Rs. 146.70 respectively. So far 531578 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.90 on 26-Aug-2024 and a 52 week low of Rs. 61.52 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 151.90...
HFCL moves up on completing BSNL’s Network Infrastructure Enhancement project
HFCL moves up on completing BSNL’s Network Infrastructure Enhancement project
Source: Accord Fintech
2024-08-30 11:48:23 am
ITI surges on bagging first Electronic Voting Machine order from SEC ITI is currently trading at Rs. 308.15, up by 8.40 points or 2.80% from its previous closing of Rs. 299.75 on the BSE. The scrip opened at Rs. 313.30 and has touched a high and low of Rs. 314.10 and Rs. 307.60 respectively. So far 86545 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.35 on 17-Jan-2024 and a 52 week low of Rs. 118.80 on 01-Sep-2023. Last one week high and low of the scrip stood at Rs. 314.10...
ITI surges on bagging first Electronic Voting Machine order from SEC
ITI surges on bagging first Electronic Voting Machine order from SEC
Source: Accord Fintech
2024-08-30 10:34:02 am
Jio Financial Services trades higher on the BSE JIO Financial Services is currently trading at Rs. 327.90, up by 5.55 points or 1.72% from its previous closing of Rs. 322.35 on the BSE. The scrip opened at Rs. 324.10 and has touched a high and low of Rs. 333.00 and Rs. 324.05 respectively. So far 1555808 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 394.70 on 23-Apr-2024 and a 52 week low of Rs. 204.65 on 23-Oct-2023. Last one week high and low of the scri...
Jio Financial Services trades higher on the BSE
Jio Financial Services trades higher on the BSE
Source: Accord Fintech
2024-08-29 12:00:54 pm
Telecom Sector Update : Quick Commerce: Competitive environment is toughening - JM Financial Services Ltd Media reports suggest Tata-owned Bigbasket plans to pivot to an entirely quick commerce (QC) driven business model. While it already had an active QC arm BB Now – currently delivering over 50% of its total sales – the company now intends to move away from 2hrs to next day delivery service and offer only 10-30min delivery service. eCommerce platform Flipkart too recently launched its QC offering ‘Minutes’ in select pin-codes of Bengaluru, New Delhi and Mumbai. Earlier, ...
Telecom Sector Update : Quick Commerce: Competitive environment is toughening - JM Financial Services Ltd
Telecom Sector Update : Quick Commerce: Competitive environment is toughening - JM Financial Services Ltd
Source: JM Financial Services Ltd
2024-08-28 01:00:51 pm
Bharti Airtel gains on partnering with Apple Bharti Airtel is currently trading at Rs. 1523.45, up by 9.80 points or 0.65% from its previous closing of Rs. 1513.65 on the BSE. The scrip opened at Rs. 1523.55 and has touched a high and low of Rs. 1526.00 and Rs. 1502.55 respectively. So far 86417 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1539.10 on 28-Jun-2024 and a 52 week low of Rs. 847.60 on 31-Aug-2023. Last one week high and low of the scrip stoo...
Bharti Airtel gains on partnering with Apple
Bharti Airtel gains on partnering with Apple
Source: Accord Fintech
2024-08-27 03:47:34 pm
Hiring in Indian telecom, ISP and allied industry to see 5.62 pc growth in July-Dec  The telecom, internet service provider (ISP) and allied industry in the country is poised for robust growth with an expected net employment increase of 5.62 per cent in the first half of current fiscal (FY25), a report said on Tuesday.  The report mentioned that 62 per cent of telecom, ISP and allied industry players are planning to increase their workforce, while 17 per cent foresee a reduction. The remaining 21 per cent expect no change in their workforce size for H1 FY25. ...
Hiring in Indian telecom, ISP and allied industry to see 5.62 pc growth in July-Dec
Hiring in Indian telecom, ISP and allied industry to see 5.62 pc growth in July-Dec
Source: IANS
2024-08-27 03:03:24 pm