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With the delay in capital raise, Vodafone Idea s situation has considerably worsened and government intervention will be required to sustain the market structure, said Edelweiss Securities. ....
Analysts do not see an end to this pain. They say Vodafone Idea s liabilities are much higher than what its profit & loss (P&L) statement indicates. Default is a real risk at the telecom operator, they add, slashing the stock s target to as low as Rs 4, suggesting up to 29 per cent downside. ....
India Business News: Shares of India's Vodafone Idea tumbled as much as 24% on Thursday, a day after the troubled telecom operator's board accepted billionaire-industriali ....
NEW DELHI: Shares of Vodafone Idea Ltd. traded 2.1 per cent up in Thursday s trade at 01:22PM (IST). Around 39,751,932 shares changed hands on the counter. The counter opened at Rs 11.52 and touched an intraday high and low of Rs 11.83 and Rs 11.46, respectively, in the session so far. Shares of the company of Vodafone Idea Ltd. quoted a 52-week high of Rs 13.8 and a 52-week low of Rs 2.91. Total market cap of the Vodafone Idea Ltd. stood at Rs 33,534.2 crore at the time of writing this report. Key Financials The company reported consolidated net sales of Rs 10,933.5 crore for the quarter ended 31-Dec-2020, up 0.95 per cent from previous quarter s Rs 10,830.5 crore and up 3.93 per cent from the year-ago quarter s Rs 11,380.5 crore. ....
NEW DELHI: Shares of Vodafone Idea Ltd. traded 3.78 per cent down in Thursday s trade at 12:54PM (IST). Around 127,095,302 shares changed hands on the counter. The stock opened at Rs 11.95 and touched an intraday high and low of Rs 11.95 and Rs 11.45, respectively, in the session so far. Shares of the company of Vodafone Idea Ltd. quoted a 52-week high of Rs 13.8 and a 52-week low of Rs 2.7. Total market cap of the Vodafone Idea stood at Rs 33246.85 crore at the time of writing this report. Key Financials The company reported consolidated net sales of Rs 10933.5 crore for the quarter ended 31-Dec-2020, up 0.95 per cent from previous quarter s Rs 10830.5 crore and up 3.93 per cent from the year-ago quarter s Rs 11380.5 crore. ....