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Idea Cellular rings loud on expanding its 4G services to over 100 towns in Kerala

11 May 2016 Evaluate

Idea Cellular is currently trading at Rs. 113.50, up by 0.60 points or 0.53% from its previous closing of Rs. 112.90 on the BSE.

The scrip opened at Rs. 112.00 and has touched a high and low of Rs. 117.40 and Rs. 110.40 respectively. So far 554329 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 186.50 on 22-Jul-2015 and a 52 week low of Rs. 97.55 on 10-Feb-2016.

Last one week high and low of the scrip stood at Rs. 121.10 and Rs. 111.80 respectively. The current market cap of the company is Rs. 41225.96 crore.

The promoters holding in the company stood at 42.24% while Institutions and Non-Institutions held 29.35% and 28.41% respectively.

Idea Cellular, one of the biggest cellular carrier of the country has expanded its 4G services to over 90 more towns in the Kerala circle. With this addition, Idea 4G is now available in over 100 towns in the state. Covering 53 percent of the total population in the region, across all 14 districts, the company has increased its presence exponentially within a short span of time.

IDEA Cellular is India’s 3rd largest national mobile operator, with over 175 million subscribers. With traffic in excess of 2.2 billion minutes a day, Idea ranks among the Top 6 country operators in the world. Using the latest in technology, Idea provides world-class service delivery through the most extensive network of customer touch points. Idea is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India.

 

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