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Idea Cellular shines on adding 17.50 lakh mobile subscribers in January

27 Feb 2012 Evaluate

Idea Cellular is currently trading at Rs. 93.30, up by 0.60 points or 0.65% from its previous closing of Rs. 92.70 on the BSE.

The scrip opened at Rs. 92.00 and has touched a high and low of Rs. 93.95 and Rs. 92.00 respectively. So far 75806 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.65 on 06-Sep-2011 and a 52 week low of Rs. 55.65 on 28-Feb-2011.

Last one week high and low of the scrip stood at Rs. 95.10 and Rs. 89.00 respectively. The current market cap of the company is Rs. 30778.60 crore.

The promoters holding in the company stood at 45.98% while Institutions and Non-Institutions held 20.99% and 33.03% respectively. 

Idea Cellular, India's fourth-biggest cellular carrier has added 17.50 lakh mobile subscribers in January. Following the said addition, the company’s total subscriber count stood at 10.80 crore.

Idea Cellular, an AV Birla group company, provides Global System for Mobile communications (GSM)-based wireless service at the pan-India level; it is present in all 22 telecom circles. The company has posted a fall of 26.31% in its net profit after tax of Rs 162.89 crore for the quarter ended December 31, 2011 as compared to Rs 221.06 crore for the same quarter in the previous year. However, total income has increased by 20.89% from Rs 3929.05 crore for Q3FY11 to Rs 4966.45 crore in the quarter under review.

On the consolidated basis the group has posted a net profit decline of 17.31% to Rs 200.98 crore for the quarter ended December 31, 2011 as compared to Rs 243.05 crore in the same quarter last year. Total Income of the company improved by 27.18% to Rs 5030.82 crore for the quarter compared to Rs 3955.61 crore in the quarter, year ago.

Vodafone Idea Share Price

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