₹12.9
0.39%
Low
Day's Volatility:3.49%
High
3.10%
53.49%
Low
52 Weeks Volatility:96.12%
High
42.64%
Returns % | |
1 Month Return | 2.72 % |
3 Month Return | -12.58 % |
1 Year Return | 118.18 % |
Market Stats | |
Previous Close | ₹13.20 |
Open | ₹12.90 |
Volume | 72.08Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹66,158.16Cr |
based on 16 analysts
Based on 16 analysts offering long term price targets for Vodafone Idea Ltd. An average target of ₹6.66
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's follow-on public offering (FPO) was 49% subscribed on Day 2, with a plan to raise Rs 18,000 crore for network expansion and deferred spectrum payments. Indus Towers is expected to benefit if the fundraising and expansion are successful.
Vodafone Idea Follow-On Offer Receives Modest Response - 18 Apr, 2024
Vodafone Idea's Rs 18,000 crore follow-on offer opened to a modest response with just 26% of shares being sought by investors. The funds will be used for network expansion. CEO suggests the company may need further government support after the moratorium on AGR and spectrum dues ends in September 2025.
Vodafone Idea Secures Funding for Growth Capex - 17 Apr, 2024
Vodafone Idea raises Rs 5,400 crore from anchor investors and plans to raise Rs 18,000 crore through a follow-on public offer. The company aims to improve its positioning in the Indian telecom market, strengthen 4G services, launch 5G services, and pay vendor dues.
Investors Eye Vodafone Idea's FPO; GQG Partners Plans $400M Investment - 16 Apr, 2024
Foreign and domestic institutional investors, including GQG Partners, plan to participate in Vodafone Idea's Rs 18,000 crore FPO. The company has set a price range of ₹10-₹11 per share. Rajiv Jain-led GQG Partners LLC plans to invest around $400 million. Shares dropped by 3.95% due to the opening of the anchor book allocation for the FPO.
Vodafone Idea Launches Follow-On Public Offering to Boost Network Coverage - 15 Apr, 2024
Vodafone Idea is set to raise up to Rs 18,000 crore through a share sale to fund 5G infrastructure and clear deferred payments. The company aims to cover 40% of its revenue base with 5G services in the next 24-30 months. Vodafone Idea's CEO said that the FPO would be fully subscribed by anchor investors and that 5G services would be rolled out within six-nine months after the FPO.
Vodafone Idea to Launch FPO to Raise ₹18,000 Crore - 14 Apr, 2024
Analysts expect a 1.6% drop in revenue sequentially and a 2-million subscriber loss for Vodafone Idea's upcoming FPO. The funds will be used to launch 5G service and enhance 4G coverage, benefiting Indus Towers. Indus revenue growth is expected to be around 6% sequentially.
Vodafone Idea Announces Follow-On Public Offer and Approves Fundraising Plan - 13 Apr, 2024
Vodafone Idea plans to raise Rs 20,000 crore through equity by June-end. The company has announced an FPO of up to Rs 18,000 crore and approved raising Rs 2,075 crore from Aditya Birla Group. These funds will help the telco improve its positioning in the Indian telecom market and strengthen its finances for 5G rollout and payment of vendor dues.
Vodafone Idea Announces FPO and Potential Investment from GQG Partners and SBI MF - 12 Apr, 2024
Vodafone Idea is set to launch an FPO of equity shares worth up to Rs 18,000 crore, with Jefferies, SBI Caps, and Axis Capital as lead managers. Additionally, GQG Partners and SBI Mutual Fund are considering investing up to $800 million in the telecom firm's $2.16 billion share offering.
Vodafone Idea Faces Subscriber Churn & Financial Crunch - 10 Apr, 2024
Vodafone Idea faces subscriber churn and financial crunch, leading analysts at CLSA to warn that shares could drop 61%. However, Vi aims to raise up to Rs 20,000 crore through an FPO, backed by the Indian government, to strengthen its network and fund the launch of 5G services.
Vodafone Idea Board Approves Fund-Raising & Share Issuance - 08 Apr, 2024
Vodafone Idea's board has approved raising funds of up to Rs 20,000 crore through equity and/or equity-linked instruments. Additionally, the company will issue shares worth Rs 2,075 crore to promoters at an 11% premium. In other news, Vodafone Idea lost 1.11 million active users in February 2024 while Jio widened its customer market share.
Vodafone Idea Board Approves Share Issuance and Allotment - 07 Apr, 2024
The Vodafone Idea board has approved the issuance and allotment of shares worth Rs 2,075 crore to Oriana Investments Pte. Ltd on a preferential basis. The company also plans to increase its authorized share capital to Rs 1 trillion. These moves are part of a wider funding program aimed at expanding 4G coverage, rolling out 5G networks, and increasing capacity.
Vodafone Idea Approves Fundraising Plan - 06 Apr, 2024
Vodafone Idea (Vi) has approved a fundraising plan that includes issuing 139.5 crore shares to its promoters and increasing authorized share capital to Rs 1 lakh crore. The company plans to raise Rs 45,000 crore through a mix of equity and debt to repay vendors, strengthen its 4G network, and fund the launch of 5G services.
Vodafone Idea Launches Cloud Gaming Service - 05 Apr, 2024
Vodafone Idea has partnered with CareGame to launch a new mobile cloud gaming service named Cloud Play. The subscription-based service offers a wide range of AAA games across various genres and is accessible via the Vi Web and App platforms. The service promises instant gameplay without downloading, saving device memory, and can be accessed on low-end smartphones. Avneesh Khosla, CMO of Vodafone Idea, highlights the potential of the fast-evolving gaming landscape.
Vodafone Idea Plans Fundraising Through Equity Sale - 04 Apr, 2024
Vodafone Idea plans to raise Rs 20,000 crore through an FPO and has appointed Axis Bank, Jeffries Group, and SBI as lead bankers. The telecom major also seeks to issue equity shares/convertible securities worth Rs 2,075 crore to promoters.
Vodafone Idea Receives Shareholders' Approval for Fundraising Plan - 03 Apr, 2024
Vodafone Idea has received approval from its shareholders to raise up to Rs 20,000 crore through the issuance of securities. The company plans to use the funds to expand its 4G network and roll out 5G services. This is part of a larger plan to raise around Rs 45,000 crore through a combination of equity and debt. The stock rose by 4% following the announcement.
Vodafone Idea Seeks Shareholder Approval for Fund Raise - 02 Apr, 2024
Vodafone Idea seeks shareholder approval to raise up to Rs 20,000 crore through issuing securities and equity-linked instruments to improve competitive positioning in the Indian telecom market. The company has been losing subscribers month after month and has a debt of Rs 2.1 lakh crore.
Vodafone Idea Faces Subscriber Losses and Seeks Fundraising Approval - 01 Apr, 2024
Vodafone Idea continues to face subscriber losses, with a decline of 15.2 lakh wireless subscribers in January. The company is seeking approval for a Rs. 20,000 crore fundraising plan through equity and equity-linked instruments at an EGM on April 2. Shares rose after allotting equity shares worth Rs. 1,440 crore to ATC Telecom Infrastructure.
GSMA Urges Indian Government to Recognize 6 GHz Band for 5G Network Demand - 29 Mar, 2024
The GSMA has called on the Indian government to recognize airwaves in the 6 GHz band for commercial mobile services and include it in the National Frequency Allocation Plan (NFAP) to support telcos' 5G network demand. The move could benefit Vodafone Idea, among other telecom companies.
Vodafone Idea Launches Entertainment App, Plans Fundraising - 27 Mar, 2024
Vodafone Idea has launched an all-in-one entertainment app for its subscribers offering access to over 13 OTT apps and over 400 live TV channels. The telco is also planning a fundraising round that could present new revenue opportunities for vendors such as Nokia and Ericsson.
Vodafone Idea Receives Neutral Rating Upgrade by UBS; Indus Towers Hits 52-Week High - 26 Mar, 2024
UBS has upgraded Vodafone Idea's rating to neutral and increased its price target to Rs 13.1 due to positive funding developments. Indus Towers hit a 52-week high after American Towers converted Vodafone Idea OCDs into equity, increasing the possibility of Indus Towers' recovery of dues.
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.
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
Retail Holding Up
Retail Investor have increased holdings from 11.15% to 14.41% in Mar 2024 quarter
Price Rise
In the last 1 year, IDEA stock has moved up by 118.2%
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 144.9% return, outperforming this stock by 88.7%
Against Peers
In the last 1 year, Bharti Airtel Ltd Partly Paidup has given 133.4% return, outperforming this stock by 15.2%
FII Holding Down
Foreign Institutions have decreased holdings from 2.27% to 2.03% in Mar 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 50.36% to 48.91% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 2.91% to 2.27% in Mar 2024 quarter
Vodafone Idea Ltd in the last 5 years
Lowest (-10.35x)
January 19, 2018
Industry (-28.34x)
April 18, 2024
Today (-2.09x)
April 18, 2024
Highest (-0.11x)
November 14, 2019
Funds | Holdings |
Kotak Equity Arbitrage Fund Direct Growth | 0.72% |
HDFC Arbitrage Fund -Direct Plan - Growth Option | 1.52% |
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan | 1.52% |
Invesco India Arbitrage Fund Direct Plan Growth Option | 0.93% |
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth | 1.22% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 48.91% | 0.00 | |
Foreign Institutions | 2.03% | 0.00 | |
Mutual Funds | 2.27% | 0.00 | |
Retail Investors | 14.41% | 0.00 | |
Others | 32.37% | 0.00 |
Technicals of Vodafone Idea Ltd share
News & Events of Vodafone Idea Ltd
Vodafone Idea Ltd (IDEA) share price today is ₹12.9
Vodafone Idea Ltd is listed on NSE
Vodafone Idea Ltd is listed on BSE
PE Ratio of Vodafone Idea Ltd is -2.09
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 72.08Cr.
Today’s market capitalisation of Vodafone Idea Ltd(IDEA) is ₹66158.16Cr.
Vodafone Idea Ltd(IDEA | Price |
---|---|
52 Week High | ₹18.4 |
52 Week Low | ₹6 |
Vodafone Idea Ltd(IDEA) share price is ₹12.9. It is down -29.89% from its 52 Week High price of ₹18.4
Vodafone Idea Ltd(IDEA) share price is ₹12.9. It is up 115.00% from its 52 Week Low price of ₹6
Vodafone Idea Ltd(IDEA | Returns |
---|---|
1 Day Returns | -0.3% |
1 Month Returns | 2.72% |
3 Month Returns | -12.58% |
1 Year Returns | 118.18% |