Vodafone Idea share price jumped over 13% on Friday, extending gains for the third consecutive session, despite weakness in the broader Indian stock market today. Vodafone Idea shares surged as much as 13.13% to ₹11.37 apiece on the BSE. The rally in Vodafone Idea share price today was supported by strong trading volumes, which were…
Vodafone Idea, the beleaguered telecom joint venture, is finally looking beyond survival, Kumar Mangalam Birla, chairman of the Aditya Birla Group, noted amid the resolution of the long-pending Adjusted Gross Revenue (AGR) issue. In his seventh annual reflection, Birla described AGR resolution as a turning point that has fundamentally altered Vodafone Idea’s operating environment. Voda…
Vodafone Idea share price: Shares of beleaguered telecom company Vodafone Idea surged 9% in early trade on Friday, January 9, following the release of the timeline to repay its telecom dues. The company, in an exchange filing today, said that it has received a communication from the Department of Telecommunications (DoT), providing relief in the…
According to Emkay, Vodafone Idea’s pre-IndAS116 annualized EBITDA is 898 crore, which is 6.7% of its spectrum debt, with cash balance of 3,080 crore at the end of Q2FY26. Management has guided for capital expenditure of 7,500-8,000 crore in FY26. “With this, leverage remains high even without AGR dues, and the government will need to…
Vodafone Idea’s share price crashed as much as 15% in intraday trade to hit its lower circuit in intraday trade on the BSE on Wednesday, 31 December, after reports suggested the government was planning to freeze AGR (Adjusted Gross Revenue) dues at Rs 87,695 crore. Vodafone Idea shares opened at 12.14 against their previous close…
Vodafone Idea News, Vodafone Idea Share Price , A day before the New Year, the government approved the relief package, giving a big relief to Vodafone Idea. The government has frozen AGR dues at ₹87,695 crore. According to PTI report, AGR dues will have to be paid between FY32-FY41. As soon as this big news…
Shares of beleaguered telecom company Vodafone Idea jumped over 2% in early trade on Wednesday, December 31, amid media reports that the Union Cabinet could consider the Adjusted Gross Revenue (AGR) matter today. According to a report by The Times of India, the Union Cabinet plans to take up the matter of Vodafone Idea’s bailout…
