Tata Tele - Avoid

Tata Teleservices Maharashtra:

While the well-established national telecom operators could weather these headwinds in the next 3-4 quarters, small, regional players restricted to 1-2 sectors or new entrants won't be able to create the necessary economies of scale.

This explains why nine analysts recommend selling the Tata Teleservices Maharashtra stock. "Its earnings will be under pressure in the next few quarters due to keen competition (increase in S&M costs) and 3G-related costs," says Sisodia

Our Research

The stock has a yearly high of 25 and low of 13 and a monthly high / low of 14 and 17. Traders can look to buy below 14 for a target price of 17 and must exit, keeping a strict stop loss at 12