The Telecom operator Vodafone Idea is selling its shares in the price band of Rs 10-11 apiece. Investors can apply for a minimum of 1,298 shares and its multiples thereafter.
Promoters of over 200 companies increased their shareholdings in the quarter ended March 2024, as optimism around long-term business prospects dominated near-term concerns over elevated valuations. The recent share purchases by promoters indicate that they are confident of the company s outlook and business performance going ahead.
The Telecom operator Vodafone Idea is selling its shares in the price band of Rs 10-11 apiece. Investors can apply for a minimum of 1,298 shares and its multiples thereafter.
India Business News: Vodafone Idea has opened its Follow-on Public Offering (FPO) today with an opportunity for investors to subscribe to a Rs 18,000-crore offer. Analysts suggest that despite the company's debt burden, the fresh infusion of capital could enhance its prospects. Here's what you need to consider before deciding whether to apply for this offer.
While some investors say valuations are unjustifiable going by the historic averages, others say it may well be deserved, given the strong fundamentals of the Indian economy