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Vodafone Idea declines on losing 73.61 lakh subscribers in October 2018

03 Jan 2019 Evaluate

Vodafone Idea is currently trading at Rs. 35.70, down by 1.10 points or 2.99% from its previous closing of Rs. 36.80 on the BSE.

The scrip opened at Rs. 35.80 and has touched a high and low of Rs. 36.25 and Rs. 34.90 respectively. So far 850080 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.00 on 05-Jan-2018 and a 52 week low of Rs. 32.10 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 38.10 and Rs. 34.90 respectively. The current market cap of the company is Rs. 31185.33 crore.

The promoters holding in the company stood at 71.33%, while Institutions and Non-Institutions held 18.44% and 10.23% respectively.

Vodafone Idea has lost 73.61 lakh customers in October 2018. Following this, the company’s access Service Provider-wise market share in term of Wireless Subscribers a stood at 36.55%.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

Peers
Company Name CMP
Bharti Airtel 1833.00
Vodafone Idea 13.20
Indus Towers 385.00
Tata Communications 1660.15
Railtel Corp. India 254.45
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