Goldman Sachs highlighted a tough macro environment coinciding with aggressive capital expenditure by Amber Enterprises and little room for any negative surprises on execution timelines of new verticals.
On Tuesday, petrol and diesel prices were increased by 90 paise per litre, the second increase in less than a week. Petrol in Delhi now costs Rs 98.64 per litre, while diesel stands at Rs 91.58.
The IMD has issued Orange and Yellow heatwave alerts across several states, warning of severe temperatures, warm nights, and rising health risks. Residents are advised to stay hydrated and avoid prolonged heat exposure.
If Vodafone Idea were to emerge as a competitive third player, the brokerage would expect peers with superior free-cash-flow, network, and product offerings to raise competitive intensity.
