Monday 17 November 2008

Exit TTML: Vijay

Portfolio Manager, PN Vijay is of the view that one can exit TTML.

Vijay told CNBC-TV18, "Telecom is becoming a fairly mature market in India quite quickly if you see the struggle that Reliance, a relatively late player, has been having in its ARPUs (Average Revenue Per User) etc and Indian telecom rates are the lowest in the world. So I do not know whether TTML is going to make that big grade, which Bharti has done so easily. So I would use this opportunity to get out of TTML."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source: Moneycontrol

Posted by Harsh at 08:44

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