Why Motilal Oswal's CIO is bullish on telecom stocks
Monday, 29 April 2024 ()
India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs."
India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs."
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