Powered by: Motilal Oswal

News

Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities Ltd Result Synopsis Vodafone Idea (IDEA) reported inline performance for the quarter. Both, sequential revenue growth and EBITDA margin were as per expectation. It reported sequential revenue growth of 1.2% QoQ, led by 3% QoQ increase in ARPU to Rs 139/month; while subscriber base declined by 4.5mn QoQ to 221mn. 4G addition was muted for the quarter at 0.3mn QoQ. There was sequential decline in EBITDA margin(down 96 bps QoQ) led by higher marketing cost. Net debt increased to Rs 2.12 trillion ...
Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities Ltd
Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities Ltd
Source: Yes Securities Ltd
26/08/2023 10:07:53 AM
Vodafone Idea jumps on the buzz of planning to clear about Rs 2,400 crore dues by September Vodafone Idea is currently trading at Rs. 7.82, up by 0.11 points or 1.43% from its previous closing of Rs. 7.71 on the BSE. The scrip opened at Rs. 7.80 and has touched a high and low of Rs. 7.90 and Rs. 7.78 respectively. So far 16603932 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.08 on 13-Sep-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 8.00 a...
Vodafone Idea jumps on the buzz of planning to clear about Rs 2,400 crore dues by September
Vodafone Idea jumps on the buzz of planning to clear about Rs 2,400 crore dues by September
Source: Accord Fintech
23/08/2023 3:30:03 PM
Telecom Sector Update : Q1 ARPU improves; low capex, elevated debt concerns persist - Emkay Global Vodafone Idea’s (Vi’s) revenue was up 1.2% QoQ, at a marginal beat to consensus/our estimates. EBITDA margin was up by 94bps QoQ, post adjusting for the Rs2bn write-back of network expenses in Q4 (missing consensus/our estimates. Subscriber decline accelerated, with subscriber count down 4.5mn QoQ (vs. 2.7mn loss in Q4); but ARPU improved 3%QoQ. Discussions on funding from external investors press on, despite promoters’ readiness to contribute more equity (up to Rs20bn). Vi ...
Telecom Sector Update : Q1 ARPU improves; low capex, elevated debt concerns persist - Emkay Global
Telecom Sector Update : Q1 ARPU improves; low capex, elevated debt concerns persist - Emkay Global
Source: Emkay Global Financial Services
17/08/2023 12:25:25 PM
Vodafone Idea rises as its arm partners with Yotta to enhance data center Colocation, Cloud services portfolio Vodafone Idea is currently trading at Rs. 8.10, up by 0.03 points or 0.37% from its previous closing of Rs. 8.07 on the BSE. The scrip opened at Rs. 8.09 and has touched a high and low of Rs. 8.19 and Rs. 8.08 respectively. So far 9169459 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.08 on 13-Sep-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 8.59 an...
Vodafone Idea rises as its arm partners with Yotta to enhance data center Colocation, Cloud services portfolio
Vodafone Idea rises as its arm partners with Yotta to enhance data center Colocation, Cloud services portfolio
Source: Accord Fintech
11/08/2023 11:42:14 AM
Telecom Sector Update : Active subscriber growth inches up By Motilal Oswal Financial Services RJio continues to lead in subscriber additions The Telecom Regulatory Authority of India (TRAI) has released subscriber data for Apr’23. Below are the key highlights: * The industry-wide gross subscriber base decreased by 1m MoM (vs. 2m increase in Mar’23) to 1,143m. It has been consistently decreasing by an average of 1.2m per month for the last six months, led by VIL. VIL lost 3m subscribers, while RJio/Bharti gained 3m/0.1m subscribers in Apr’23. * Active subscri...
Telecom Sector Update : Active subscriber growth inches up By Motilal Oswal Financial Services
Telecom Sector Update : Active subscriber growth inches up By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
30/06/2023 12:11:08 PM
Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities Inline performance as it continues to lose subscribers Result Synopsis Vodafone Idea (IDEA) reported inline performance for the quarter. Both, sequential revenue growth and EBITDA margin were as per expectation. It reported sequential revenue growth of (0.8)% QoQ, led by decline in subscriber base; while ARPU remained flat QoQ at Rs 135. The number of mobile subscribers decreased by 2.7mn QoQ to 226mn. There was sequential improvement in EBITDA margin(up 61 bps QoQ) led by lower network...
Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities
Sell Vodafone Idea Ltd For Target Rs. 6 - Yes Securities
Source: Yes Securities Ltd
17/06/2023 10:26:00 AM
Vodafone Idea edges higher on launching new unlimited night data packs Vodafone Idea is currently trading at Rs. 7.17, up by 0.01 points or 0.14% from its previous closing of Rs. 7.16 on the BSE. The scrip opened at Rs. 7.18 and has touched a high and low of Rs. 7.23 and Rs. 7.08 respectively. So far 12361719 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.08 on 13-Sep-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 7.30 a...
Vodafone Idea edges higher on launching new unlimited night data packs
Vodafone Idea edges higher on launching new unlimited night data packs
Source: Accord Fintech
5/06/2023 3:48:35 PM
Neutral Vodafone Idea Ltd For Target Rs 7 - Motilal Oswal Financial Services Subscriber loss ebbs; awaiting capital raise * Vodafone Idea (VIL) posted 3% QoQ EBITDA growth (pre Ind AS-116), aided by slight moderation in subscriber churn and flat ARPU along with lower network cost in 4QFY23. Capex remained low as VIL awaits capital raise. * Subscriber loss continued; however, VIL has taken some price increase in the minimum recharge category in select circles to drive profitability. After the Government’s equity conversion, there has been a progress towards...
Neutral Vodafone Idea Ltd For Target Rs 7 - Motilal Oswal Financial Services
Neutral Vodafone Idea Ltd For Target Rs 7 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
3/06/2023 10:58:10 AM
Vodafone Idea rises as its consolidated net loss narrows to Rs 6419 crore in Q4 Vodafone Idea is currently trading at Rs. 7.08, up by 0.09 points or 1.29% from its previous closing of Rs. 6.99 on the BSE. The scrip opened at Rs. 7.14 and has touched a high and low of Rs. 7.18 and Rs. 7.02 respectively. So far 5978089 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.23 on 31-May-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 7.25 an...
Vodafone Idea rises as its consolidated net loss narrows to Rs 6419 crore in Q4
Vodafone Idea rises as its consolidated net loss narrows to Rs 6419 crore in Q4
Source: Accord Fintech
26/05/2023 1:53:43 PM
300 mn Vi users move to Ericsson charging system in India, biggest globally Swedish telecommunications giant Ericsson on Monday said it has completed the charging consolidation programme for Vodafone Idea Ltd (VIL) in India that will help the telecom company enhance customer experience and launch new products and services at a faster pace in the 5G era. Implemented through the pandemic, the project is one of the first-of-its-kind globally and enabled migration and consolidation for over 300 million Vi subscribers capacity on Ericsson Charging system. Ericsson r...
300 mn Vi users move to Ericsson charging system in India, biggest globally
300 mn Vi users move to Ericsson charging system in India, biggest globally
Source: IANS
15/05/2023 4:35:27 PM
Vodafone Idea jumps on introducing two entertainment loaded monthly recharges Vodafone Idea is currently trading at Rs. 6.67, up by 0.13 points or 1.99% from its previous closing of Rs. 6.54 on the BSE. The scrip opened at Rs. 6.59 and has touched a high and low of Rs. 6.82 and Rs. 6.56 respectively. So far 9035218 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.23 on 31-May-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 6.68 an...
Vodafone Idea jumps on introducing two entertainment loaded monthly recharges
Vodafone Idea jumps on introducing two entertainment loaded monthly recharges
Source: Accord Fintech
27/04/2023 11:20:37 AM
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka Vodafone Idea is currently trading at Rs. 6.48, up by 0.42 points or 6.93% from its previous closing of Rs. 6.06 on the BSE. The scrip opened at Rs. 6.15 and has touched a high and low of Rs. 6.65 and Rs. 6.14 respectively. So far 32958129 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.23 on 31-May-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 6.65&n...
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka
Source: Accord Fintech
21/04/2023 11:25:11 AM
Vodafone Idea rings loudly after foraying into Esports Vodafone Idea is currently trading at Rs. 6.76, up by 0.08 points or 1.20% from its previous closing of Rs. 6.68 on the BSE. The scrip opened at Rs. 6.68 and has touched a high and low of Rs. 6.79 and Rs. 6.67 respectively. So far 12296705 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 11.70 on 04-Mar-2022 and a 52 week low of Rs. 6.33 on 27-Jan-2023. Last one week high and low of the scrip stood at Rs. 7.17 a...
Vodafone Idea rings loudly after foraying into Esports
Vodafone Idea rings loudly after foraying into Esports
Source: Accord Fintech
28/02/2023 4:00:15 PM
Reduce Vodafone Idea Ltd For Target Rs. 7.5 - Yes Securities Muted performance as it continues to lose subscribers Vodafone Idea (IDEA) reported sequentially muted performance for the quarter. Both, sequential revenue growth and EBITDA margin were below expectation. It reported sequential revenue growth of 0.1% QoQ, led by led by 3.1% QoQ increase in Wireless ARPU for the quarter. While, the number of mobile subscribers decreased by 5.8mn QoQ to 228mn. There was sequential improvement in EBITDA margin(up 76 bps QoQ) led by led by lower network opera...
Reduce Vodafone Idea Ltd For Target Rs. 7.5 - Yes Securities
Reduce Vodafone Idea Ltd For Target Rs. 7.5 - Yes Securities
Source: Yes Securities
21/02/2023 2:48:04 PM
Vodafone Idea gains on launching 275 Vi Shops across Tier 3 locations in Uttar Pradesh, Uttarakhand Vodafone Idea is currently trading at Rs. 7.97, up by 0.09 points or 1.14% from its previous closing of Rs. 7.88 on the BSE. The scrip opened at Rs. 7.85 and has touched a high and low of Rs. 7.98 and Rs. 7.82 respectively. So far 8990459 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 11.70 on 04-Mar-2022 and a 52 week low of Rs. 6.33 on 27-Jan-2023. Last one week high and low of the scrip stood at Rs. 8.57 an...
Vodafone Idea gains on launching 275 Vi Shops across Tier 3 locations in Uttar Pradesh, Uttarakhand
Vodafone Idea gains on launching 275 Vi Shops across Tier 3 locations in Uttar Pradesh, Uttarakhand
Source: Accord Fintech
13/02/2023 11:19:32 AM
India's Vodafone Idea rises after order to convert $2 billion government dues into equity BENGALURU - Shares of Vodafone India Ltd rose nearly 9.5% on Monday after the government ordered the company to convert into equity all the dues owed to the government for use of airwaves, including the interest related to payments for spectrum. The total amount to be converted into equity shares is 161.33 billion rupees ($1.96 billion), the mobile carrier said. The company said it has been directed to issue 16.13 billion shares at 10 rupees each.
India's Vodafone Idea rises after order to convert $2 billion government dues into equity
India's Vodafone Idea rises after order to convert $2 billion government dues into equity
Source: Reuters
6/02/2023 9:36:54 AM
Centre asks Vodafone Idea to convert Rs 16,000 dues into equity Financially-stressed telecom company Vodafone Idea said on Friday that the government has directed it to convert a portion of its dues worth Rs 16,000 crore it owes to the exchequer into equity in the government's favour. "It is hereby informed that the Ministry of Communications has [directed] the company to convert the NPV of the interest related to deferment of spectrum auction instalments and AGR dues into equity shares to be issued to the government of India," the compan...
Centre asks Vodafone Idea to convert Rs 16,000 dues into equity
Centre asks Vodafone Idea to convert Rs 16,000 dues into equity
Source: IANS
4/02/2023 9:28:31 AM
India's Vodafone Idea again approves debentures worth $195.32 million to ATC Telecom BENGALURU -Indian telecom operator Vodafone Idea Ltd said on Tuesday it had again authorised preferential issue of debentures worth up to 16 billion rupees ($195.32 million) to ATC Telecom Infrastructure Pvt Ltd, after an earlier approval missed the deadline for issuing the debt. The debentures are convertible into shares at 10 rupees a piece to ATC Telecom, Vodafone Idea said in a stock exchange filing. The company in November also approved the debentures, however, they were not issued...
India's Vodafone Idea again approves debentures worth $195.32 million to ATC Telecom
India's Vodafone Idea again approves debentures worth $195.32 million to ATC Telecom
Source: Reuters
31/01/2023 6:08:02 PM
Vodafone Idea to lose market share to others in India  Mobile telecom player Vodafone Idea's market share is set to widen in 2022 owing to low capex and the lack of 5G roll out due to fund raising delays and its $26 billion government debt burden, said CLSA in a research report. The crisis faced by the company offers an opportunity for competitors like Bharti Airtel and Reliance Jio to gain market share, the report said. Giving a 'sell' recommendation to the investors CLSA said despite a four-year interest moratorium, Voda...
Vodafone Idea to lose market share to others in India
Vodafone Idea to lose market share to others in India
Source: Reuters
18/01/2023 1:57:42 PM
Update On Vodafone Idea Ltd By ICICI Securities Fund raise expected by end-FY22 Vodafone Idea’s (VIL) Q2FY22 cash EBITDA at Rs15.6bn was higher than in Q1FY22 excluding one-off gains in both the quarters. However, falling total subs and flat data subs are not encouraging. Though the telecom relief package has stalled payments to be made to government, and helped VIL meet its other obligations, it is still short of funds to incur capex in the absence of equity infusion. Bharti Airtel and Reliance Jio are incurring capex to increase...
Update On Vodafone Idea Ltd By ICICI Securities
Update On Vodafone Idea Ltd By ICICI Securities
Source: ICICI Securities
9/01/2023 2:59:32 PM
Key Stock News: Walmart, Google, Shapoorji Pallonji, Byju`s, Vodafone Idea, SREI - ARETE Securities Retail giant Walmart gets $1 billion tax bill for PhonePe shift to India Walmart Inc. and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, according to people familiar with the matter. The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit Flipkart Online Services Pvt. Now separated from Flipkart and re-domiciled from...
Key Stock News: Walmart, Google, Shapoorji Pallonji, Byju`s, Vodafone Idea, SREI - ARETE Securities
Key Stock News: Walmart, Google, Shapoorji Pallonji, Byju`s, Vodafone Idea, SREI - ARETE Securities
Source: ARETE Securities Ltd
5/01/2023 9:19:03 AM
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities Blume Ventures announces closing its fund for start-ups at $250 mn Blume Ventures, the homegrown venture capital firm focused on early-stage technology start-ups, said on Wednesday it has closed its Fund IV at more than $250 million. The company’s assets under management (AUM) stand at over $600 million. The fund, which was oversubscribed compared to its initial $200 million target, will invest in some 35 companies in edtech, fintech, health, commerce, and consumer internet. It i...
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities
Source: ARETE Securities Ltd
8/12/2022 9:38:21 AM
India emerged as leading market in past 1 year: Motilal Oswal report India has emerged as a standout market over the last 12 months, a research report titled "Bulls and Bears" by Motilal Oswal Financial Services Limited has said. As global market-cap declined by 16.8 per cent ($19.9 trillion) over the last 12 months, India's market-cap rose 3.8 per cent, the report noted. Barring Indonesia and India, all key global markets saw a decline in market-cap over the last 12 months, it added. The research report further said that all major secto...
India emerged as leading market in past 1 year: Motilal Oswal report
India emerged as leading market in past 1 year: Motilal Oswal report
Source: IANS
7/12/2022 10:04:08 AM
Vodafone Idea rises after its arm launches `Vi Secure` Vodafone Idea is currently trading at Rs. 8.18, up by 0.01 points or 0.12% from its previous closing of Rs. 8.17 on the BSE. The scrip opened at Rs. 8.15 and has touched a high and low of Rs. 8.20 and Rs. 8.15 respectively. So far 23563120 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 13-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. 8.30 a...
Vodafone Idea rises after its arm launches `Vi Secure`
Vodafone Idea rises after its arm launches `Vi Secure`
Source: Accord Fintech
2/12/2022 3:31:30 PM
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities Maruti Suzuki India records 14% increase in Nov sales at 159,044 units The country's largest carmaker Maruti Suzuki India on Thursday reported 14 per cent increase in total wholesales at 1,59,044 units in November. The company had dispatched 1,39,184 units to dealers in November 2021, MSI said in a statement. Coal India's production rises 17% to 412.6 MT in April-Nov period State-owned CIL on Thursday said it produced 412.6 million tonnes of coal in the April-November perio...
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities
Key Stock News: Maruti Suzuki, Coal India , Reliance , Adani Green, Vodafone Idea - ARETE Securities
Source: ARETE Securities Ltd
2/12/2022 9:40:56 AM
Reduce Vodafone Idea Ltd For Target Rs. 8.0 - Yes Securities Operating performance remains weak; urgently needs massive capital infusion Result Synopsis Vodafone Idea (IDEA) reported sequentially muted performance for the quarter. The sequential revenue growth was slightly above estimates; while EBITDA margin was below expectation. It reported sequential revenue growth of 2.0% QoQ, led by led by 2.3% QoQ increase in Wireless ARPU for the quarter. While, the number of mobile subscribers decreased by 6mn QoQ to 234mn. There was sequential decline i...
Reduce Vodafone Idea Ltd For Target Rs. 8.0 - Yes Securities
Reduce Vodafone Idea Ltd For Target Rs. 8.0 - Yes Securities
Source: Yes Securities Ltd
9/11/2022 3:46:23 PM
Vodafone Idea inches up on launching new postpaid plans `Vi Max` Vodafone Idea is currently trading at Rs. 8.59, up by 0.03 points or 0.35% from its previous closing of Rs. 8.56 on the BSE. The scrip opened at Rs. 8.56 and has touched a high and low of Rs. 8.60 and Rs. 8.53 respectively. So far 1238661 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. 8.80 an...
Vodafone Idea inches up on launching new postpaid plans `Vi Max`
Vodafone Idea inches up on launching new postpaid plans `Vi Max`
Source: Accord Fintech
3/11/2022 10:39:07 AM
Vodafone Idea`s board approves issuance of Rs 1,600 crore debentures to ATC Telecom Debt-ridden telecom company Vodafone Idea's board on Friday approved issuance of convertible debentures up to Rs 1,600 crore, convertible into equity shares at a conversion price of Rs 10 per equity share, to ATC Telecom Infrastructure. Vodafone Idea owes an estimated Rs 6,800 crore to mobile tower giant Indus Towers and Rs 2,400 crore to ATC. There was however no word on clearing Indus Towers' dues in the meeting. Indus Towers is said to have asked Vodafone Idea to clear its...
Vodafone Idea`s board approves issuance of Rs 1,600 crore debentures to ATC Telecom
Vodafone Idea`s board approves issuance of Rs 1,600 crore debentures to ATC Telecom
Source: IANS
22/10/2022 10:03:49 AM
Vodafone Idea jumps despite losing 19.58 lakh subscribers in August Vodafone Idea is currently trading at Rs. 8.58, up by 0.12 points or 1.42% from its previous closing of Rs. 8.46 on the BSE. The scrip opened at Rs. 8.48 and has touched a high and low of Rs. 8.58 and Rs. 8.48 respectively. So far 8932932 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 13-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. 8.74 an...
Vodafone Idea jumps despite losing 19.58 lakh subscribers in August
Vodafone Idea jumps despite losing 19.58 lakh subscribers in August
Source: Accord Fintech
19/10/2022 11:59:45 AM
Vodafone Idea jumps on enhancing 4G experience in Maharashtra & Goa Vodafone Idea is currently trading at Rs. 9.12, up by 0.10 points or 1.11% from its previous closing of Rs. 9.02 on the BSE. The scrip opened at Rs. 9.02 and has touched a high and low of Rs. 9.18 and Rs. 8.95 respectively. So far 35463066 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 13-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. 9.18 a...
Vodafone Idea jumps on enhancing 4G experience in Maharashtra & Goa
Vodafone Idea jumps on enhancing 4G experience in Maharashtra & Goa
Source: Accord Fintech
7/10/2022 3:18:37 PM
CII lauds launch of 5G technology  The new 5G technology will help India achieve the next phase of digital transformation, president of industry body CII, Sanjiv Bajaj said. In a statement issued by CII, Bajaj said: "The nation is relying heavily on 5G to be a game-changer in enabling new use cases and improving efficiency across every industry. With this launch (of 5G), we are moving towards an inclusive digital transformation ensuring that digital technologies are universally available, accessible, and ado...
CII lauds launch of 5G technology
CII lauds launch of 5G technology
Source: IANS
6/10/2022 2:18:22 PM
Vodafone Idea rings loudly on entering into partnership with CareGame Vodafone Idea is currently trading at Rs. 9.09, up by 0.30 points or 3.41% from its previous closing of Rs. 8.79 on the BSE. The scrip opened at Rs. 8.79 and has touched a high and low of Rs. 9.12 and Rs. 8.79 respectively. So far 19738546 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 13-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. 9.35 a...
Vodafone Idea rings loudly on entering into partnership with CareGame
Vodafone Idea rings loudly on entering into partnership with CareGame
Source: Accord Fintech
3/10/2022 11:58:52 AM
PM Narendra Modi interacts with Delhi Metro tunnel workers via live Vi 5G network Vodafone Idea (Vi) on Saturday switched on its live 5G network here as Prime Minister Narendra Modi made the first call, using the 'Vi 5G Digital Twin' technology, to interact with the construction workers at Delhi Metro's under-construction tunnel. Using high-speed ultra-low latency 5G network, Vi demonstrated at the Indian Mobile Congress (IMC) 2022 how 5G technology can be used in India for worker safety and efficiency in supervision of critical construction sites such as tunnels, under...
PM Narendra Modi interacts with Delhi Metro tunnel workers via live Vi 5G network
PM Narendra Modi interacts with Delhi Metro tunnel workers via live Vi 5G network
Source: IANS
1/10/2022 5:24:49 PM
Vi to introduce 5G mobile cloud gaming service in India Telecom operator Vi (Vodafone Idea) on Friday announced its partnership with gaming platform CareGame to offer 5G Cloud gaming experience to its users in India. The company said that with 5G's low latency technology, the cloud gaming industry is expected to democratise even further. "The online gaming industry is among the fastest growing entertainment segments in India and with the advent of 5G it is expected to grow many folds. Mobile gaming is a key agenda for us to drive en...
Vi to introduce 5G mobile cloud gaming service in India
Vi to introduce 5G mobile cloud gaming service in India
Source: IANS
1/10/2022 10:49:42 AM
OnePlus says successfully geared up for 5G Technology launch with 5G-ready smartphone portfolio Global smartphone brand OnePlus on Friday said it is successfully geared up to bring in the evolutionary 5G technology ecosystem to OnePlus users in India. The brand confirmed that its recently-launched devices will also be 5G-ready with eligible networks, including Vi. The company said it has been demonstrating leadership in 5G R&D and has been the fastest in the industry to bring 5G devices to consumers across the globe. "OnePlus recognised the enormous potential of 5G much e...
OnePlus says successfully geared up for 5G Technology launch with 5G-ready smartphone portfolio
OnePlus says successfully geared up for 5G Technology launch with 5G-ready smartphone portfolio
Source: IANS
30/09/2022 4:55:13 PM
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities Key News Blackstone to sell Rs 2,650 crore worth of units of Embassy REIT today Blackstone Inc is slated to sell 7.7 crore units of Embassy REIT worth Rs 2,650 crore through block deals today, CNBC Awaaz reported citing sources. The offer price of the block deal stands at Rs 345 per unit, 1.82 percent lower against today's closing price of Rs 351.40 on the BSE. IIFL, BofA, and Morgan Stanley, as per report, are brokers to the deal. Abu Dhabi's sovereign wealth fund, one of th...
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities
Source: ARETE Securities Ltd
27/09/2022 10:18:09 AM
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 a...
Vodafone Idea moves up as its arm enters into partnership with Trilliant
Vodafone Idea moves up as its arm enters into partnership with Trilliant
Source: Accord Fintech
26/09/2022 3:19:37 PM
Key Stock News: Vodafone Idea, Coal India, Bharat Petroleum Corp, Reliance Power, Future Lifestyle Fashions Ltd - ARETE Securities Government to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share. "There is a SEBI norm that the acquisition should take place at par value. DoT will clear the acquisition after VIL shares stabilise ...
Key Stock News: Vodafone Idea, Coal India, Bharat Petroleum Corp, Reliance Power, Future Lifestyle Fashions Ltd - ARETE Securities
Key Stock News: Vodafone Idea, Coal India, Bharat Petroleum Corp, Reliance Power, Future Lifestyle Fashions Ltd - ARETE Securities
Source: ARETE Securities Ltd
9/09/2022 9:55:07 AM
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities Key News Reliance to partner Qualcomm to develop 5G solutions: Ambani at 45th AGM Reliance Jio, the nation's largest telecom operator, has partnered with Qualcomm to develop 5G solutions for India, Mukesh Ambani said on Monday. Speaking at Reliance Industries' 45th AGM, he said the firm is partnering with Google to develop ultra-affordable 5G smartphones and Google Cloud. It has now forged a collaboration with Qualcomm to develop a 5G solution for India, which can be taken to th...
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities
Source: ARETE Securities Ltd
30/08/2022 9:40:56 AM
RailTel surges on partnering with CloudExtel Railtel Corporation Of India is currently trading at Rs. 97.55, up by 0.50 points or 0.52% from its previous closing of Rs. 97.05 on the BSE. The scrip opened at Rs. 97.10 and has touched a high and low of Rs. 98.05 and Rs. 97.10 respectively. So far 12328 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.90 on 20-Sep-2021 and a 52 week low of Rs. 84.00 on 31-Mar-2022. Last one week high and low of the scrip ...
RailTel surges on partnering with CloudExtel
RailTel surges on partnering with CloudExtel
Source: Accord Fintech
26/08/2022 12:39:06 PM
Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion Singapore Telecommunications Ltd said on Thursday it would sell a 3.3% stake in India's Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about S$2.25 billion ($1.61 billion). Singtel, southeast Asia's largest telecom firm, said its units Pastel Ltd and Viridian Ltd would together sell 198 million shares they hold in India's second-biggest telecom operator. Shares of Bharti Airtel rose as much as 2.1% after the announcement. "Markets didn'...
Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion
Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion
Source: Reuters
25/08/2022 2:41:06 PM
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront Bharti Airtel on Wednesday said it has paid Rs 8,312.4 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. Airtel said it has paid four years of 2022 5G spectrum dues upfront. "This upfront payment of 4 years allows us to drive 5G rollout in a concerted manner given our operating free cash flow," said Gopal Vittal, MD and CEO, Bharti Airtel. Airtel also has access to Rs 15,740.5 crore in capital from the rights ...
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront
Source: IANS
17/08/2022 1:47:03 PM
Neutral Vodafone Idea Ltd For Target Rs 9.0 - Motilal Oswal Financial Services Big loss continues *  IDEA saw a healthy 7% QoQ growth in adjusted EBITDA (on a pre-Ind AS 116 basis) to INR21b on an ARPU growth of 3%. But declining gross/active subscriber continued at an accelerated pace, with net debt ballooning to INR1.98t *  The subscriber churn continues, despite the relief package of FY22. Its annualized EBITDA of INR84b in 1QFY23 may not be sufficient to meet: a) its INR87b in debt repayments, including the 5G installment of INR17b, b) meet its inten...
Neutral Vodafone Idea Ltd For Target Rs 9.0 - Motilal Oswal Financial Services
Neutral Vodafone Idea Ltd For Target Rs 9.0 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
5/08/2022 5:15:41 PM
Vodafone Idea Ltd. posts Q1 net loss of Rs 7271.70 cr The company reported standalone net loss during the quarter stood at Rs 7271.70 crore as compared to net loss of Rs 7415.70 crore in the previous year quarter. Net revenue of the company rose moderately by 13.78 per cent at Rs 10,340.20 crore in April-June quarter of this fiscal as against Rs 9,088.20 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 11.63 per cent to Rs 6,172.60 crore from Rs 5,529.30 crore in year ago period. Other In...
Vodafone Idea Ltd. posts Q1 net loss of Rs 7271.70 cr
Vodafone Idea Ltd. posts Q1 net loss of Rs 7271.70 cr
Source: Dion Global Solutions Ltd
4/08/2022 10:19:28 AM
5G auction: Which telco got what, what bands were sold the most With India successfully ending its mega 5G spectrum auction with bids worth Rs 1,50,173 crore for 71 per cent of total 5G airwaves, here is the overall breakup of the amount as well as various bands, including the super-expensive 700 MHz band that has a 5-10 km range which gives good base coverage for densely-populated areas. If we look band-wise, the pricey 700 MHz band saw bids worth Rs 39,270 crore. The most popular 3300MHz band saw bids worth 80,590 crore and the 1800MHz band receiv...
5G auction: Which telco got what, what bands were sold the most
5G auction: Which telco got what, what bands were sold the most
Source: IANS
2/08/2022 10:10:42 AM
Reliance Jio leads 5G spectrum auction with Rs 88,078 cr: Ashwini Vaishnaw Mukesh Ambani-led Reliance Jio emerged the top bidder in India's 5G spectrum auction, acquiring 24,740 MHz spectrum worth Rs 88,078 crore, IT Minister Ashwini Vaishnaw announced on Monday. Sunil Mittal's Bharti Airtel was the second-highest bidder with 19,867 MHz spectrum in various bands worth Rs 43,084 crore, in the auction that spanned for seven days with 40 rounds. Vodafone Idea, at third place, received 2,668 MHz worth Rs 18,784 crore while a unit of Adani Group acquired 40...
Reliance Jio leads 5G spectrum auction with Rs 88,078 cr: Ashwini Vaishnaw
Reliance Jio leads 5G spectrum auction with Rs 88,078 cr: Ashwini Vaishnaw
Source: IANS
2/08/2022 9:09:25 AM
We`ll celebrate `Azadi ka Amrit Mahotsav` with 5G rollout: Akash Ambani Leading telecom operator Reliance Jio said on Monday that it has acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz bands in the auctions conducted by the Department of Telecommunications (DoT) for Rs 88,078 crore for a period of 20 years. Jio said that its unique 700 MHz spectrum footprint will make it the only operator providing "true 5G" services across the country. "The speed, scale and societal impact of Jio's 4G rollout is unmatched anywhere in...
We`ll celebrate `Azadi ka Amrit Mahotsav` with 5G rollout: Akash Ambani
We`ll celebrate `Azadi ka Amrit Mahotsav` with 5G rollout: Akash Ambani
Source: IANS
2/08/2022 9:03:40 AM
Mega 5G spectrum ends with over Rs 1.5L cr in bids, Reliance Jio leads  Led by Reliance Jio, the mega 5G spectrum auction ended on Monday after receiving record bids worth over Rs 1.5 lakh crore in 40 rounds spanning across seven days. 5G airwaves worth Rs 1,50,173 crore has been sold so far and the final tally is being prepared by the government, according to sources. Day six of the 5G spectrum auction on Sunday saw an incremental increase in the bidding figure after 37 rounds, with bids worth Rs 1,50,130 crore. According to industry analysts, Rel...
Mega 5G spectrum ends with over Rs 1.5L cr in bids, Reliance Jio leads
Mega 5G spectrum ends with over Rs 1.5L cr in bids, Reliance Jio leads
Source: IANS
1/08/2022 4:47:30 PM