Mixed growth seen for telecom firms

Mixed growth seen for telecom firmsNEW Delhi, NOV 6: Telecom firms posted mixed earnings for the second quarter and analysts expect the tr...

NEW Delhi, NOV 6: Telecom firms posted mixed earnings for the second quarter and analysts expect the trend will likely hold for the rest of the year with service providers lagging hardware firms in profit and topline growth.

The stock touched an all-time closing low of Rs 109.70 on September 29. It closed on Friday at Rs 159.75, nearly 58 per cent down from a record closing high of 378.55 Rupees hit on February 11. "It should rise to Rs 160-165 where it should get fullyvalued. Any further rise from there will depend on how its future strategy succeeds," Asthana said. VSNL shares ended Friday at Rs 227.40. The stock has seen little change since its results reflect the flat profit and sales numbers.

EXCLUSIVE: EC brings in feature to check misuse of identity to seek voter list deletions

Political Pulse2 hr ago

The Election Commission has launched a new 'e-sign' feature on its portal and app to prevent fraud. This comes after allegations of misuse of online voter deletion forms in Karnataka. The feature requires voters to verify their identity using their Aadhaar-linked phone numbers, reducing the possibility of fraud.

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