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Indus Towers stocks gain 2% on Vodafone Idea Rs 45,000-crore fund-raising plans

As of October 2023, Vodafone Idea owed Indus Towers around Rs 5,600 crore. Vodafone Idea repaid Rs 300 crore in January 2023.

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Citi Research raises Indus Towers target price to Rs 320 amid focus on Voda Idea fund raise

Indus Towers shares have jumped more than 20% year-to-date, sharply outperforming NSE Nifty 50, which is up 1.75%

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Vodafone Idea to raise ₹45,000 crore through mix of debt and equity

Vodafone Idea to raise ₹45,000 crore through mix of debt and equity
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Voda Idea plans to raise Rs 45,000 crore via equity, debt

The board of directors of the company at its meeting approved fund raise of up to Rs 20,000 crore via a combination of equity and equity-linked instruments.

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Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day

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