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Vodafone Idea Ltd Share Price (IDEA)

₹13.6513.88%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Vodafone Idea Ltd

Key events for Vodafone Idea Ltd

  • Vodafone Idea Plans Rs 45,000 Crore Fundraise Amid Doubts - 28 Feb, 2024

    Vodafone Idea's board has approved a Rs 45,000 crore fundraise through equity and debt, but the stock opened lower amid doubts over its ability to close fundraising given past failures. Nomura maintains a reduce rating on the company, while Jefferies reports declining market share. However, there is potential for external investors, which would be a significant positive.

  • Vodafone Idea Board Approves Fundraising Plan - 27 Feb, 2024

    Vodafone Idea's board approves a plan to raise up to Rs 20,000 crore through equity and/or equity-linked instruments. The company aims to expand its 4G coverage, 5G network rollout, and capacity expansion.

  • Vodafone Idea Board Considers Equity Raise Plan - 26 Feb, 2024

    Vodafone Idea is set to dilute stakes of existing shareholders by raising equity from new investors to repay banks and suppliers. The Indian government will continue to hold on to its stake. Aditya Birla Group's listed entities are unlikely to participate in the fundraising plan. Market experts advocate holding period of 20-180 days with target of Rs 20 and Rs 50.

  • Vodafone Idea Seeks Fundraising Amid Subscriber Losses - 24 Feb, 2024

    Vodafone Idea is exploring various options to raise funds as it faces a declining subscriber base and intense competition from Reliance Jio and Bharti Airtel. The company's board will meet on February 27 to evaluate proposals for raising funds through rights issue, further public offer, private placement, or other modes. Vodafone Idea needs significant funding to increase capex and mitigate subscriber losses.

  • Vodafone Idea Board Considers Fundraising Options - 23 Feb, 2024

    Vodafone Idea's board is set to meet on February 27 to deliberate on fundraising proposals through equity or debt instruments. The telecom operator has been struggling to raise capital quickly to pay off government dues and vendors like Indus Towers, expand its 4G coverage, and roll out its pending 5G network. As of December end, Vodafone Idea's gross debt stood at Rs 2.15 lakh crore.

  • Vodafone Idea Board to Consider Fundraising Proposals - 22 Feb, 2024

    Vodafone Idea continues to lose subscribers to its rivals and is set to consider fundraising proposals through equity instruments at the upcoming board meeting.

  • Vodafone Idea Ltd Stock Gains Over 112% in Six Months - 19 Feb, 2024

    Shares of Vodafone Idea Ltd have gained over 112% in the past six months and 127% in a year. The stock is trading at Rs 16.08, down 12.70% from its one-year high value of Rs 18.42. Funding discussions are ongoing with investors. Next potential upside targets would be Rs 17.60-Rs 19.80 levels.

  • Vodafone CEO Confirms No Additional Equity for Vodafone Idea - 18 Feb, 2024

    Nick Read, the CEO of Vodafone Plc, has confirmed that they will not be putting any additional equity into Vodafone Idea. He described the situation as highly stressed and stated that they are providing practical support to navigate it.

  • Vodafone Idea Faces Calls for Network Sharing and Low Digital Adoption Among MSMEs - 15 Feb, 2024

    BSNL's employees union calls on the Indian government to allow the use of Vodafone Idea's 4G network. Meanwhile, Vi Business finds that less than 60% of nearly one lakh MSMEs surveyed have embraced digitalisation. Subscriber trends indicate Bharti Airtel is gaining market share.

  • Vodafone Idea Unlikely to Bid for New Spectrum in Upcoming Auction - 13 Feb, 2024

    Analysts predict that Vodafone Idea will only renew expiring airwaves in Uttar Pradesh (West) and West Bengal circles, as the company lacks funds to bid for new spectrum.

  • Vodafone Idea Seeks Early Hearing of Curative Petition - 12 Feb, 2024

    Vodafone Idea has sought an early hearing of its curative petition filed in October 2023 for correcting arithmetic errors and seeking a waiver of interest and penalties. Meanwhile, Indian Minister Vaishnaw declined to comment on the government's sentiment towards investment in Vodafone, citing potential market impact.

  • Vodafone Idea Shares Fall After Spectrum Auction Approval - 09 Feb, 2024

    The Union Cabinet has approved a 10,523 MHz spectrum auction spanning multiple frequency bands in the current fiscal year with a reserve price of Rs 96,317 crore. Experts predict muted demand from Vodafone Idea and Bharti Airtel.

  • Vodafone Idea Seeks Subsidy Scheme for Feature Phone Users - 08 Feb, 2024

    Vodafone Idea has requested the Indian government to create a subsidy scheme to encourage feature phone users to migrate to smartphones. The company also warned against any forced shutdown of 2G/3G networks that could affect low-income and marginal consumers.

  • Vodafone Idea Seeks Subsidy Scheme for Smartphone Migration - 07 Feb, 2024

    Vodafone Idea has requested the government to create a subsidy scheme to promote the migration of feature phones to smartphones through respective operators. Meanwhile, Airtel's India revenue rose 11% YoY in Q3, outpacing Jio and Vodafone Idea, with the ARPU gap between them increasing.

  • Vodafone Idea Focuses on Improving ARPUs Amid Financial Constraints - 06 Feb, 2024

    Vodafone Idea faces financial constraints that limit its ability to invest in network expansion, but the company has seen subscriber declines improve in recent quarters with a focus on improving ARPUs.

  • Airtel and Jio Compete for Bigger Share of Indian Telecom Market - 05 Feb, 2024

    Airtel and Reliance Jio Infocomm are investing billions to expand 4G and 5G services in India. As of Nov. 30, Jio has a market share of 39.49%, Airtel has 32.91%, while Vodafone Idea trails with 19.44%.

  • Vodafone Idea Reports 4% QoQ EBITDA Growth Despite Subscriber Loss - 03 Feb, 2024

    Despite losing 4.6 million subscribers, Vodafone Idea reported a 4% QoQ growth in EBITDA (pre Ind AS-116) due to reduced network opex and roaming/access cost. However, flat revenue growth and continued market share loss remain concerns. The company is exploring fundraising options and received INR20b financial support from one of its promoters, but faces a scheduled debt repayment of INR54b in the next year against annualized EBITDA of INR86b.

  • Vodafone Idea Faces Subscriber Losses and Debt Obligations - 01 Feb, 2024

    Vodafone Idea faces market share erosion due to subscriber losses and high debt obligations. COAI has urged the government for a GST exemption on payments made to DoT.

  • Vodafone Idea Faces Subscriber Losses, Plans 5G Launch - 31 Jan, 2024

    Vodafone Idea faces declining subscriber base, reporting a loss of 4.6 million subscribers in Q3FY24. The company is trying to secure external funding while exploring avenues for fundraising. Despite this, Vodafone Idea plans to launch 5G services within the next 6-7 months.

  • Mixed Results and Future Plans for Vodafone Idea - 30 Jan, 2024

    Vodafone Idea reported a narrowed net loss of Rs 6,985 crore in Q3 but continues to lose customers. Analysts predict Bharti Airtel and Reliance Jio will gain market share over VI as 5G becomes mainstream. VI is seeking government subsidies to help bridge the digital divide. UBS assigned a Sell rating on VI with a target price of Rs 11.5 per share. VI plans to launch 5G services 7-8 months after securing funding.

Analyst Rating for Vodafone Idea Ltd stock

based on 17 analysts

SELL
0.00%
Buy
11.11%
Hold
88.89%
Sell

Based on 17 analysts offering long term price targets for Vodafone Idea Ltd. An average target of ₹6.5

Source: S&P Global Market Intelligence

Vodafone Idea Ltd share Performance

  • ₹13.5
    ₹16.05
    ₹13.65
    downward going graph

    1.10%

    Downside

    Day's Volatility:18.68%

    Upside

    17.58%

    downward going graph
  • ₹5.7
    ₹18.4
    ₹13.65
    downward going graph

    58.24%

    Downside

    52 Weeks Volatility:93.04%

    Upside

    34.80%

    downward going graph
1 Month Return7.82 %
3 Month Return19.62 %
1 Year Return133.09 %
Previous Close₹15.85
Open₹15.50
Volume158.80Cr
Market Cap₹77,157.31Cr

Vodafone Idea Ltd Company Information

Vodafone Idea Ltd is an Indian telecommunications company incorporated on August 31, 2018. The company is the result of a merger between Vodafone India and Idea Cellular, and is jointly owned by the UK-based Vodafone Group and the Aditya Birla Group.

Vodafone Idea Ltd is a major player in the Indian telecom industry and offers a wide range of products and services. Its main lines of business include mobile telephony, fixed broadband, enterprise services, and digital services. The company's top products include prepaid and postpaid mobile plans, 4G and 5G internet services, and Vodafone Play streaming services.

Share Price: ₹13.65 per share as on 28 Feb, 2024 04:01 PM
Market Capitalisation: ₹77,157.31Cr as of today
Revenue: ₹10,673.10Cr as on December 2023 (Q4 23)
Net Profit: ₹-6985.90Cr as on December 2023 (Q4 23)
Listing date: 09 Mar, 2007
Chairperson Name: HIMANSHU KAPANIA
OrganisationVodafone Idea Ltd
HeadquartersMumbai
IndustryTelecomm-Service
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Fundamentals of Vodafone Idea Ltd

Insights on Vodafone Idea Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, IDEA stock has moved up by 76.1%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.67% to 2.91% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -8.73K Cr → -6.98K Cr (in ₹), with an average increase of 25.1% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 10.62K Cr → 11.45K Cr (in ₹), with an average increase of 2.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Uniinfo Telecom Services Ltd has given 196.1% return, outperforming this stock by 152.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Uniinfo Telecom Services Ltd has given 191.5% return, outperforming this stock by 58.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.36% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 12.20% to 11.15% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.46% to 2.27% in Dec 2023 quarter

Vodafone Idea Ltd Valuation

Vodafone Idea Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-10.35x)

January 19, 2018

Industry (-25.15x)

February 27, 2024

Today (-2.50x)

February 27, 2024

Highest (-0.11x)

November 14, 2019

LowHigh

Vodafone Idea Ltd Mutual Fund Holdings

Funds Holdings
Invesco India Arbitrage Fund Direct Plan Growth OptionInvesco India Arbitrage Fund Direct Plan Growth Option2.4%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth1.03%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.69%
Nippon India Arbitrage Fund Direct Plan GrowthNippon India Arbitrage Fund Direct Plan Growth1.48%
HDFC Arbitrage Fund -Direct Plan - Growth OptionHDFC Arbitrage Fund -Direct Plan - Growth Option1.67%

Vodafone Idea Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
50.36%
0.00
Foreign Institutions
2.27%
-7.91
Mutual Funds
2.91%
74.04
Retail Investors
11.15%
-8.59
Others
33.31%
0.01

Technicals of Vodafone Idea Ltd share

News & Events of Vodafone Idea Ltd

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Vodafone Idea Ltd (IDEA) share price today is ₹13.65

Vodafone Idea Ltd is listed on NSE

Vodafone Idea Ltd is listed on BSE

  • Today’s highest price of Vodafone Idea Ltd is ₹16.05.
  • Today’s lowest price of Vodafone Idea Ltd is ₹13.5.

PE Ratio of Vodafone Idea Ltd is -2.5

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 158.80Cr.

Today’s market capitalisation of Vodafone Idea Ltd(IDEA) is ₹77157.31Cr.

Vodafone Idea Ltd(IDEAPrice
52 Week High
₹18.4
52 Week Low
₹5.7

Vodafone Idea Ltd(IDEA) share price is ₹13.65. It is down -25.82% from its 52 Week High price of ₹18.4

Vodafone Idea Ltd(IDEA) share price is ₹13.65. It is up 139.47% from its 52 Week Low price of ₹5.7

Vodafone Idea Ltd(IDEAReturns
1 Day Returns
-2.2%
1 Month Returns
7.82%
3 Month Returns
19.62%
1 Year Returns
133.09%