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BofA hikes target prices of Vodafone Idea, 3 other telecom stocks on tariff hike expectations

The brokerage also increased the target price for other key players in the sector with Bharti Airtels target at Rs 1,430 and Reliance Industries target price at Rs 3,340, foreseeing an upside of 13.5% and 17.4%, respectively. ....

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indus towers shares: Indus Towers share declines 3% after Airtel dismisses talks of acquiring stake

Earlier reports had said that Airtel was in conversation with Vodafone group to potentially acquire a controlling stake in Indus Towers. Airtel has now, in a letter to the exchanges, clarified that such is not the case. ....

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