Balaji Subramanian, AVP and telecom analyst, IIFL Securities, says that with the Supreme Court rejecting the telecom companies’ plea for re-computation of adjusted gross revenue (AGR) case, there is no relief in sight for telecom majors. If Vodafone Idea is able to complete its debt fundraising, then the capex programme should be on track and … Read more
Domestic markets edged higher on Friday, gaining nearly one and a half percent, largely tracking global trends. In today’s trade, shares of SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL among others will be in focus due to various news developments. Allcargo Gati Rohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased … Read more
The shares of Vodafone Idea plunged over 6% on Friday, extending losses to 24% in two straight sessions over AGR issues. An ET Mutual Fund analysis reveals that mutual funds had over Rs 6,000 crore investment in this telecom company as of August 2024 and held around 383 crore shares in their portfolio. Around 32 … Read more
Domestic markets ended almost unchanged in a volatile expiry session, continuing the recent trend. In today’s trade, shares of Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea among others will be in focus due to various news developments. Reliance InfraThe Board of Reliance Infrastructure approved raising of Rs 3,014 crore by preferential issue … Read more
Shares of telecom company Vodafone Idea have fallen by 16% in one month and by 20% in the current year so far, following global brokerage firm Goldman Sachs’ commentary on the stock. The global brokerage firm Goldman Sachs, earlier in the last week, had given a target price of just Rs 2.5 and signaled a … Read more
Domestic markets extended their rebound, gaining nearly half a percent on Tuesday, supported by a recovery in global indices. In today’s trade, shares of HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo among others will be in focus due to various news developments. Vodafone IdeaVodafone Idea has in recent weeks approached state-owned lenders Power Finance … Read more
Kumar Mangalam Birla chairman of the Aditya Birla Group ABG), has increased his stake in telecom venture Vodafone Idea (Vi) underlining his confidence in the struggling telco which is looking to raise Rs25,000 crore debt to back up an equity funding of Rs 24,000 crore. On September 6, Birla bought 1.86 crore shares in Vi, … Read more
The share price of Vodafone Idea dropped by 14% on Friday, reaching a low of Rs 12.91 from the previous day’s close of Rs 15.09. This decline followed a target price of Rs 2.5 set by global brokerage firm Goldman Sachs, which also signaled a potential downside of up to 83%. Based on the recent … Read more
Indian Railway Finance Corporation Share Price 180.96 04:06 PM | 28 Aug 2024 0.12(0.07%) One97 Communications Share Price 538.0 04:06 PM | 28 Aug 2024 -7.15(-1.32%) YES Bank Share Price 23.96 04:06 PM | 28 Aug 2024 -0.06(-0.25%) ITC Share Price 497.3 04:01 PM | 28 Aug 2024 -3.31(-0.66%) HDFC Bank Share Price 1637.1 04:06 … Read more
Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more
