₹13.3▲0.38%
0.75%
Low
Day's Volatility:1.50%
High
0.75%
48.50%
Low
52 Weeks Volatility:86.84%
High
38.35%
Returns % | |
1 Month Return | + 0.38 % |
3 Month Return | -17.19 % |
1 Year Return | + 89.29 % |
Market Stats | |
Previous Close | ₹₹13.25 |
Open | ₹₹13.35 |
Volume | ₹5.68Cr |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹88,090.58Cr |
based on 17 analysts
Based on 17 analysts offering long term price targets for Vodafone Idea Ltd. An average target of ₹8.4
Source: S&P Global Market Intelligence
Organisation | Vodafone Idea Ltd |
Headquarters | Mumbai |
Industry | Telecomm-Service |
E-voting on shares | Click here to vote |
Key events for Vodafone Idea Ltd
Vodafone Idea plans to invest up to Rs 55,000 crore over three years to improve its network and roll out 5G services within six months. Despite reporting losses in Q4 FY24, the stock rallied by 90% in the past year.
Vodafone Idea Submits EMD for Spectrum Auction, Reports Q4 Losses, Plans 5G Rollout - 17 May, 2024
Vodafone Idea has submitted an earnest money deposit of Rs 300 crore for the upcoming spectrum auction in June. The company reported a widened Q4 FY24 consolidated loss of Rs 7,675 crore but saw a 0.7% YoY increase in revenue. Vodafone Idea plans to roll out 5G in six months and is in talks with vendors for 5G deals.
Vodafone Idea Reports Net Loss for Q4 FY23-24 - 16 May, 2024
Vodafone Idea reported a net loss of ₹7,674.6 crore for Q4 FY23-24, with an improved ARPU and year-on-year growth in data traffic. The telecom operator is seeking funding through equity and debt to expand its 4G population coverage and launch 5G. Nuvama Alternative suggests potential inclusion in the MSCI Global Standard Index, while Kotak Institutional Equities reinstates coverage with a sell rating and price target of ₹10.
Vodafone Idea Raises Funds Through FPO - 15 May, 2024
Vodafone Idea has raised Rs 18,000 crore through a follow-on public offer (FPO) and is confident of raising Rs 25,000 crore through debt. Bharti Airtel's MD expressed optimism about having three private players in the Indian telecom market.
Vodafone Idea Shares Rise Ahead of Earnings Report Amidst Predictions of Tariff Hikes - 14 May, 2024
Vodafone Idea's low ARPU figures have prompted predictions of a meaningful hike of around 25% by telecom operators after the general election. Analysts expect ARPUs to benefit from tariff hikes and upgrading 2G subscribers to 4G. Emkay Global predicts subscriber loss will continue for Vodafone Idea but expects an increase in 4G subscribers and a slight rise in margin growth. Department of Consumer Affairs officials discussed proposed guidelines with Vodafone Idea, Reliance Jio, and Bharti Airtel.
DoT instructs telecom operators to block mobile handsets linked to cyber crimes - 13 May, 2024
The Department of Telecom (DoT) has instructed major telecom operators, including Vodafone Idea, to block 28,200 mobile handsets allegedly linked to cyber crimes. This is part of a broader effort to combat the misuse of telecom resources in cyber crimes and financial frauds.
Vodafone Idea Plans Expansion with 4G and 5G Services - 10 May, 2024
Vodafone Idea plans to expand its network infrastructure by setting up new 4G and 5G sites. Shareholders have approved raising the authorised share capital to Rs 1 lakh crore. Analysts expect subscriber loss to continue but see revenue rising 2% YoY to Rs 10,779 crore. Trading window closed until May 18.
Vodafone Idea's Shareholders Approve Plan to Raise Authorised Share Capital - 09 May, 2024
Vodafone Idea's shareholders have approved a plan to raise authorised share capital to Rs 1 lakh crore and issue preferential shares worth Rs 2,075 crore. Citigroup sold shares worth over Rs 233 crore through an open market transaction. Citi Research has set a bull case TP of ₹25 for the stock.
Optimism Surrounds Vodafone Idea's Growth Prospects - 08 May, 2024
Vodafone Idea sees optimism surrounding its growth prospects following a successful follow-on public offer (FPO). Citi projects a 100% upside for Vodafone Idea shares, while Citigroup sold a 0.39% stake in the company for Rs 233 crore. The telco plans to clear all outstanding vendor dues by next fiscal year and expects tariff hikes after Lok Sabha elections.
Vodafone Idea Undervalued; Submits Applications for Spectrum Auction - 07 May, 2024
An intrinsic calculation suggests that Vodafone Idea is potentially 42% undervalued. The company has submitted applications for the upcoming spectrum auction, but analysts predict subdued demand and the reserve price to be the selling price.
Vodafone Idea Expands 4G Network Amid Subscriber Loss Reduction - 06 May, 2024
Vodafone Idea is prioritizing the expansion of its 4G network in 17 key circles to mitigate subscriber attrition and rival against Reliance Jio and Bharti Airtel. The company has allocated Rs 13,000 crore for capital expenditures, with over half earmarked for expanding its 4G infrastructure. Analysts are monitoring Vi's slowing subscriber market share loss and recent fundraising that could impact future subscriber additions.
Vodafone Idea Subscriber Losses Trimmed; BofA Upgrades Rating - 03 May, 2024
Vodafone Idea trimmed its subscriber losses to 0.68 million in March, the lowest since last August. Bank of America has upgraded Vodafone Idea's rating and hiked its target price on tariff hike expectations. The company is expected to improve its 4G network coverage to arrest market share decline.
Vodafone Idea Seeks Loans After Share Sale Success - 02 May, 2024
Vodafone Idea is seeking $1.8 billion of loans over the next two years after a successful $2.2 billion share sale. Bank of America Securities has upgraded its rating on the company to Neutral from Underperform, while analysts expect improvements in its 4G network infrastructure. Indus Towers is engaging with Vodafone Idea for a revised payment plan to clear outstanding dues of Rs 5,385 crore.
Indus Towers Expects Growth Opportunities from Vodafone Idea's Fundraising - 01 May, 2024
Indus Towers expects to benefit from Vodafone Idea's improving financial situation post FPO. The telco plans to use the proceeds for expanding its network infrastructure, including setting up new 4G and 5G sites. Indus Towers is working with Vodafone Idea to clear past dues and expects tenancies to go up positively as network expansion activities start.
Vodafone Idea Stock Sees Mystery Buyers Amidst Open RAN Deployment Plans - 30 Apr, 2024
Vodafone Idea sees mystery buyers making large purchases while the Cellular Operators Association of India (COAI) reports routers being sold on e-commerce platforms. Meanwhile, Vodafone plans to deploy Open RAN technology across 30% of its European masts by 2030.
Vodafone Idea Raises Funds Through Share Sale Amid Subscriber Losses - 29 Apr, 2024
Vodafone Idea raised $2.2 billion through an oversubscribed share sale, but continues to lose subscribers to competitors. ATC Telecom Infrastructure sold its entire 2.95% stake in the company, while Citigroup Global Markets Mauritius acquired a 0.98% stake.
Vi's Rs 18,000 Crore FPO May Reduce Subscriber Losses - 28 Apr, 2024
Analysts believe that Vodafone Idea's recent Rs 18,000 crore follow-on public offer (FPO) may help reduce the massive loss of subscribers and market share experienced by the company. The fund raise could stop the massive customer attrition being faced by Vi for two years now, which has resulted in a fall in its wireless market share to 18.93% at the end of February.
ATC Telecom Infrastructure Sells Stake in Vodafone Idea - 27 Apr, 2024
ATC Telecom Infrastructure has sold its entire 2.87% stake in Vodafone Idea for ₹1,840 crore through an open market transaction. Citigroup Global Markets Mauritius acquired a 0.98% stake in VIL but later offloaded some shares. Shares of Vodafone Idea fell 0.36% to close at ₹13.85 apiece on the NSE.
Mixed News Affects Vodafone Idea Shares - 26 Apr, 2024
Vodafone Idea has experienced mixed news affecting its stock price, including large trades causing slumps and Citigroup Global Markets Mauritius purchasing an equity stake. The company raised Rs 18,000 crore in India's largest ever FPO, with Aditya Birla Group Chairman Kumar Mangalam Birla stating that it marks the start of VodaIdea 2.0. An analyst recommended adding telecom stocks to portfolios following the successful FPO.
Vodafone Idea Shares Rise After Successful FPO - 25 Apr, 2024
Vodafone Idea raised Rs 18,000 crore in India's largest ever follow-on public offer (FPO), leading to an increase in its share price. Analysts recommend holding onto the stock due to its turnaround potential and expected tariff hikes post-election. IIFL upgraded Vi to Add with a target price of Rs 14.
Fundamentals of Vodafone Idea Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 14.68% to 24.25% in Apr 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, -8.73K Cr → -6.98K Cr (in ₹), with an average increase of 25.1% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 1.98% to 11.39% in Apr 2024 quarter
Revenue Rich
Revenue is up for the last 4 quarters, 10.62K Cr → 11.45K Cr (in ₹), with an average increase of 2.4% per quarter
Against Peers
In the last 3 years, Bharti Airtel Ltd has given 155.4% return, outperforming this stock by 100.4%
Against Peers
In the last 1 year, Bharti Airtel Ltd Partly Paidup has given 132.0% return, outperforming this stock by 42.7%
Promoter Holding Down
Promoters have decreased holdings from 48.91% to 36.87% in Apr 2024 quarter
Price Dip
In the last 3 months, IDEA stock has moved down by -17.2%
MF Holding Down
Mutual Funds have decreased holdings from 2.06% to 1.79% in Apr 2024 quarter
Vodafone Idea Ltd in the last 5 years
Lowest (-10.35x)
January 19, 2018
Industry (-31.53x)
May 17, 2024
Today (-2.08x)
May 17, 2024
Highest (-0.11x)
November 14, 2019
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 36.87% | ||
Foreign Institutions | 11.39% | 475.81 | |
Mutual Funds | 1.79% | ||
Retail Investors | 24.25% | 65.24 | |
Others | 25.69% |
Technicals of Vodafone Idea Ltd share
News & Events of Vodafone Idea Ltd
Vodafone Idea Ltd (IDEA) share price today is ₹13.3
Vodafone Idea Ltd is listed on NSE
Vodafone Idea Ltd is listed on BSE
PE Ratio of Vodafone Idea Ltd is -2.08
PE ratio = Vodafone Idea Ltd Market price per share / Vodafone Idea Ltd Earnings per share
Today’s traded volume of Vodafone Idea Ltd(IDEA) is 5.68Cr.
Today’s market capitalisation of Vodafone Idea Ltd(IDEA) is ₹88090.58Cr.
Vodafone Idea Ltd(IDEA | Price |
---|---|
52 Week High | ₹18.4 |
52 Week Low | ₹6.85 |
Vodafone Idea Ltd(IDEA) share price is ₹13.3. It is down -27.72% from its 52 Week High price of ₹18.4
Vodafone Idea Ltd(IDEA) share price is ₹13.3. It is up 94.16% from its 52 Week Low price of ₹6.85
Vodafone Idea Ltd(IDEA | Returns |
---|---|
1 Day Returns | 0.05% |
1 Month Returns | 0.38% |
3 Month Returns | -17.19% |
1 Year Returns | 89.29% |