Why Motilal Oswal's CIO is bullish on telecom stocks

India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs."

Apr 29, 2024 - 04:00
Why Motilal Oswal's CIO is bullish on telecom stocks
India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs."