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Telecom Plus shares plunged 30.5% after management said it will invest in growth, which will hit profits this year. The update signals near-term earnings pressure and a weaker profit outlook, even if the strategy may support longer-term expansion. The move is significant for the stock but is unlikely to have broader market impact.

Analysis

Telecom Plus shares plunged 30.5% after management said it will invest in growth, which will hit profits this year. The update signals near-term earnings pressure and a weaker profit outlook, even if the strategy may support longer-term expansion. The move is significant for the stock but is unlikely to have broader market impact.