Today as I see on TV every brokerage house is downgrading the earning estimates of all the stocks in Telecom sectors and some have downgraded the EPS of FY11 to as low as 50% of their earlier estimates and so in this midst of fear and speculation that “telecom companies would not be able to make good profit for next couple of years” it could be a good option to start investing in them. I would not say you start immediately but you should keep an eye on them and invest wisely. Remember you are trying to catch the falling knife and so bound to have pain in hand for quite sometime.
My views on Telecom
Telecom, only history or an Oppurtunity !!! Posted on March 13th, 2009
Telecom Sector in India Posted on September 15th, 2009
I would prefer to invest in the market leaders when it comes to crisis situation and so if you want to play safer Bharti Airtel and if you want to go for high Beta Stock go for Reliance Communication.