 Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage The sun rises behind a communications tower in New Delhi March 20, 2006. Credit: Reuters/B Mathur/Files MUMBAI | MUMBAI (Reuters) - Shares in Idea Cellular Ltd(IDEA.NS) rose as much as 10.4 percent in opening trade after Jan-March earnings beat estimates on Thursday, riding on strong customer additions and a court decision that removed some smaller competitors from the market. Idea, part of the Aditya Birla conglomerate, said consolidated net profit rose to 3.1 billion rupeesin its fourth quarter through March from 2.4 billion a year ago. Analysts had on average expected a net profit of 2.8 billion rupees, according to Thomson Reuters data. (Reporting by Abhishek Vishnoi; Editing by Bijoy Koyitty)
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Thursday, 25 April 2013
Idea Cellular surges as Jan-March profit beats f'cast - Reuters India
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