Sanjiv Bhasin , believes that Idea, a telecommunications company, could be a good takeover target or subject to a strategic buyout. Bhasin predicts that Idea’s stock price will rise to 22-25 in the next year, potentially doubling investors’ wealth. He also highlights the potential for Idea to gain market share and increase average revenue per user as rates rise and the Supreme Court reconsiders the company’s debt.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open