I think all the negatives are priced in. Can understand if someone wants to make an exit cause the industry is totally stressed and I don’t see an industry wide revival anytime soon at least as long as RIL is there. Any positions are risky. Jio is also looking at using more and more captive towers so I doubt the future looks great…Valuations are cheap as heck and that’s the only reason I am invested with a very low allocation (less than 2%)
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