Shares in Idea Cellular Ltd shares fall as much as 2.6 percent after the mobile phone carrier posted weaker-than-expected October-December net profit.

Morgan Stanley says it could lower EBITDA estimates for Idea in fiscal 2013 by around 4 percent.

The investment bank adds Bharti Airtel Ltd could also miss EBITDA estimates for the October-December quarter.
Shares in Idea Cellular fall 0.5 percent, while Bharti Airtel shares fall 0.6 percent

(Agencies)

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