{"id":1013990,"date":"2026-06-12T09:08:17","date_gmt":"2026-06-12T03:38:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1013990"},"modified":"2026-06-12T09:25:42","modified_gmt":"2026-06-12T03:55:42","slug":"bharti-airtel-vs-vodafone-idea-why-nomura-sees-25-upside-for-1-but-recommends-neutral-on-the-other","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/12\/bharti-airtel-vs-vodafone-idea-why-nomura-sees-25-upside-for-1-but-recommends-neutral-on-the-other\/","title":{"rendered":"Bharti Airtel vs Vodafone Idea: Why Nomura sees 25% upside for 1 but recommends \u2018Neutral\u2019 on the other"},"content":{"rendered":"<p>Telecom stocks are in focus after the recent Bombay High Court decision that set aside the Telecom Department\u2019s one-time spectrum charge demands on Bharti Airtel and Vodafone Idea. Nomura sees the move as materially positive for both, but they expect more pronounced financial significance for Vodafone Idea. However, the international brokerage house has a \u2018Buy\u2019 rating on Airtel. <\/p>\n<p>What\u2019s driving the divergence in Nomura\u2019s recommendation for these two stocks? The brokerage house does not expect \u201cprovision reversals to be booked immediately, and we believe management might want to ascertain the likelihood of a final favourable outcome.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom stocks are in focus after the recent Bombay High Court decision that set aside the Telecom Department\u2019s one-time spectrum charge demands on Bharti Airtel and Vodafone Idea. Nomura sees the move as materially positive for both, but they expect more pronounced financial significance for Vodafone Idea. However, the international brokerage house has a \u2018Buy\u2019 rating on Airtel. What\u2019s driving the divergence in Nomura\u2019s recommendation for these two stocks? The brokerage house does not expect \u201cprovision reversals to be booked immediately, and we believe management might want to ascertain the likelihood of a final favourable outcome.\u201d<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-1013990","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1013990"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013990\/revisions"}],"predecessor-version":[{"id":1014011,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013990\/revisions\/1014011"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1013990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1013990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1013990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}