A picture is worth a thousand words - Telecom Stock Review

Hi all,
Shazia wants to know about "big telecom players" (Bharti Airtel, RCOM, Idea)
I am updating charts of their relative performance with Nifty...Interesting charts

Chart Since April 2007 ( before 2008 bear market set in )














Chart Since December 2008 ( before 2009 bull market started)














Chart Since July 2009 ( after election gap up )














As we can see they are all under performing Nifty in all three time frames.That will make long term investor sad....at the same time it should alert a 'value investor' and an in depth company analysis will be required to make that long term bet...is all bad news factored in ?
Time to put on your fundamental analysis cap and make a decision
Cheers


1 comment:

  1. hi Anuj.
    Thanks for the charts..
    fundamentals.. have no idea :(
    amongst the 3 clearly Idea looks the best bet technically for now..
    Shazia

    ReplyDelete