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Vodafone Idea surges on completing postpaid consolidation exercise

23 Jul 2020 Evaluate

Vodafone Idea is currently trading at Rs. 8.82, up by 0.29 points or 3.40% from its previous closing of Rs. 8.53 on the BSE.

The scrip opened at Rs. 8.75 and has touched a high and low of Rs. 8.90 and Rs. 8.62 respectively. So far 4073682 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 12.62 on 08-Jun-2020 and a 52 week low of Rs. 2.61 on 15-Nov-2019.

Last one week high and low of the scrip stood at Rs. 9.69 and Rs. 7.42 respectively. The current market cap of the company is Rs. 24511.29 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 14.83% and 13.12% respectively.

Vodafone Idea has completed its postpaid consolidation exercise, by bringing all Idea postpaid subscribers under a single umbrella of 'Vodafone RED'. All Vodafone Idea postpaid subscribers can now avail benefits of the Vodafone RED plan, a uniform customer service, and an enhanced digital experience. The consolidation is a significant step towards its synergy realisations and has led to process standardisation for both the retail and enterprise customers.

It will enable the company to provide a uniform customer experience through self-service channels with enriched menu options on IVR (interactive voice response)...MyVodafone App and websites for availing products, services and making payments. This means that erstwhile Idea postpaid customers no longer need to go through a separate onboarding and service experience. These subscribers can now avail Red Family subscription, a single bill for entire family, access to Vodafone Play, premium content and a bouquet of other value-added services.

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.

Vodafone Idea Share Price

14.64 0.17 (1.17%)
01-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1870.35
Vodafone Idea 14.64
Indus Towers 388.25
Tata Communications 1910.80
Bharti Hexacom 1455.65
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