Vodafone Idea moves up as its arm enters into partnership with Trilliant
Vodafone Idea is currently trading at Rs. 9.02, up by 0.05 points or 0.56% from its previous closing of Rs. 8.97 on the BSE.
The scrip opened at Rs. 8.90 and has touched a high and low of Rs. 9.14 and Rs. 8.71 respectively. So far 35909481 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 10-Dec-2021 and a 52 week low of Rs. 7.75 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 9.34 and Rs. 8.71 respectively. The current market cap of the company is Rs. 29099.68 crore.
The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 5.04% and 19.97% respectively.
Vodafone Idea’s enterprise arm -- Vi Business has entered into partnership with Trilliant, a leading global provider of utility solutions for Advanced Metering and Smart Grid systems. The partnership will help Vi Business and Trilliant leverage joint domain expertise to create and implement integrated IoT solutions for Advanced Metering Infrastructure (AMI) projects in India.
The partnership also seeks to strengthen the Government’s Digital India mission and transforms the country’s power distribution sector by converting the targeted 250 Mn electricity meters into Smart Meters, across the country.
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.