[ad_1] Brokerage firm Citi has opened a positive catalyst watch for a 90-day period on shares of Vodafone Idea Ltd. and Indus Towers Ltd. on Tuesday, April 1. The government will now become the largest shareholder of Vodafone Idea after it will convert its spectrum dues into equity. The equity conversion of ₹36,950 crore, will […]
Vodafone Idea Share Price: What lies ahead for its 58 lakh small shareholders – CNBC TV18
[ad_1] Debt-ridden telecom service provider Vodafone Idea Ltd. will now have the government become its single-largest shareholder as it has decided to convert the spectrum dues owned by the company into equity. Post this exercise, the government will hold 48.99% stake in the company, in comparison to the 22.6% stake it currently owns. Shares will […]
Vodafone Idea shares jump 5% after Finance Secretary remarks on AGR dues – CNBC TV18
[ad_1] Shares of telecom service provider Vodafone Idea Ltd. are currently trading with gains of over 4% on Tuesday, February 4. Company Value Change %Change Finance Secretary Tuhin Kanta Pandey told CNBC-TV18 that a decision on the Adjusted Gross Revenue (AGR) dues is “yet to be taken,” hinting that the proposal is under consideration. “You […]
Vodafone Idea shares get a price target cut but analysts remain divided – CNBC TV18
[ad_1] Brokerage firm Citi has cut its price target on Vodafone Idea Ltd. to ₹17 from ₹22 per share earlier but continued to maintain its “buy” recommendation on the telecom service provider. Vodafone idea held an analyst call on Monday where it mentioned that it is likely to complete a ₹35,000 crore bank fund raise […]
Vodafone Idea to share updates on current AGR situation in an analyst call – CNBC TV18
[ad_1] Vodafone Idea Ltd. informed the exchanges that its senior management will hold a conference call on Monday, September 23, to update on the recent developments. The senior management of Vodafone Idea, including CEO Akshaya Moondra and CFO Murthy GVAS along with other management personnel will be participating in the conference call between 2:30 PM […]
‘Buy Vodafone Idea’ is still the view of two street analysts after AGR setback – CNBC TV18
[ad_1] Shares of Vodafone Idea Ltd. received an upgrade from brokerage firm Nomura on Friday, September 20, after the stock fell nearly 20% on Thursday following a blow from the Supreme Court with regards to the AGR dues. Nomura upgraded Vodafone Idea to “buy” from its earlier rating of “neutral” but maintained its price target […]
What next for Vodafone Idea shareholders? – CNBC TV18
[ad_1] Shares of Vodafone Idea ended nearly 20% lower on Thursday. This was the biggest single-day drop for the stock since January 2022. The drop came after the Supreme Court dismissed the curative petitions filed by telecom companies with regards to the AGR dues. Vodafone Idea’s current AGR dues stand at well over 70,300 crore […]
Vodafone Idea shares crack over 13% after Goldman Sachs expects stock to fall to ₹2.5 – CNBC TV18
[ad_1] Shares of Vodafone Idea Ltd. declined as much as 14% on Friday, reaching an intraday low of ₹12.92 from the previous day’s close of ₹15.06. This sharp decline was seen after global brokerage firm Goldman Sachs recommended a ‘Sell’ rating on telecom service provider Vodafone Idea Ltd. The brokerage has a price target of […]
Vodafone Idea is a ‘high risk, high returns’ stock, says Citi, pinning hopes on AGR relief – CNBC TV18
[ad_1] Brokerage firm Citi has maintained its “buy” recommendation on telecom service provider Vodafone Idea Ltd. and a price target of ₹22 per share. The brokerage is pinning its hopes on the Supreme Court agreeing to hear Vodafone Idea’s AGR Curative petition, adding that any favourable outcome could significantly reduce its AGR debt burden. It […]