[ad_1] Vodafone Idea Ltd., the debt-ridden telecom operator, shared its shareholding pattern for the quarter that ended on March 31, on Wednesday, April 9, which has shown an increase in the number of retail shareholders. As many as 59.06 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, now have […]
Vodafone Idea, Indus Towers shares in focus after Citi projects up to 77% upside – CNBC TV18
[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 […]
Government stake in Vodafone Idea to rise to 48.99% as spectrum dues convert to equity – CNBC TV18
[ad_1] The Indian government is set to increase its stake in Vodafone Idea Limited (Vi) to approximately 48.99% following the conversion of outstanding spectrum auction dues into equity shares, the company disclosed today, March 30. This move aligns with the telecom sector relief package announced in September 2021. In an order dated March 29, the […]
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 […]