Vodafone Idea Share: Now what will happen to the company and its shares, told who is the best in the sector, new target has arrived:

News Topical, Digital Desk : HSBC has said in its latest report on India's telecom sector that the delay in Vodafone Idea's (Vi) plan to invest in the network will give Airtel and Jio an opportunity to increase their market share further.

Key points of HSBC report- First, it is a positive sign for Airtel and Jio. Airtel and Jio will directly benefit from Vi's delay in network investment. (Disclaimer: Network18 and TV18 companies operate channels/websites controlled by Independent Media Trust, in which Reliance Industries is the sole beneficiary)

According to the report , the main reasons for growth for them are increase in ARPU (average earnings per customer), increase in the number of home broadband users, capex expenditure will decrease in the coming time and free cash flow (FCF) will increase.

HSBC has recommended buying Bharti Airtel in its stock rating and has set a target price of ₹2,100 per share with a Buy rating. Reliance Industries (Jio's parent company): Buy, target price of ₹1,590 per share.

Vodafone Idea: Reduce, target price of ₹5.90 per share. What should investors understand- HSBC is confident that the position of Airtel and Jio will be stronger in the coming times. On the other hand, shortage of cash and delay in investment remains a big challenge for Vodafone Idea. HSBC's buy opinion on Airtel and Reliance shows that both these companies can give good returns in the long term.

Overall- The position of strong players in the telecom sector is getting stronger, while problems are increasing for weak companies. Airtel and Reliance seem to be better options for investors. Disclaimer: The advice or views given on CNBC TV18 Hindi / CNBC Awaaz are the personal views of the expert / brokerage firm. The website or management is not responsible for this. Before investing, you must take the opinion of your financial advisor i.e. certified expert.