VIL was formed in 2018 when Vodafone Group Plc merged its India business with Idea Cellular. Promoters held a 38.80 per cent stake in the operator as of January 9, 2025, a 1.48 per cent uptick from 37.32 per cent on December 31, 2024.
BSE Ltd, Zomato Ltd Reliance Industries Ltd, Tanla Platforms and Zomato Ltd, Tata Steel Ltd, Reliance Industries Ltd and Mazagon Dock Shipbuilders Ltd were some of the stocks leading the NSE turnover chart.
The Vodafone Idea stock has declined 11 per cent in 2025 so far. It lost 45 per cent of its market value in the past one year. VIL is looking towards expansion of its 4G network to cover 90 per cent of Indians.
Stocks including RIL, TCS, Bharti Airtel, IREDA, Adani Green, RVNL, PB Fintech, NPTC Green, Nykaa and Vodafone Idea will be in the spotlight on Wednesday, March 12.
VIL shares: The stock fell 3.7 per cent from day's high of Rs 7.64 to hit a day's low of Rs 7.27 apiece. The scrip is down 48 per cent in the past one year.
Vodafone Idea: MOFSL said the tariff hike has helped keep VIL stay afloat over the past five years but it has not benefited to the full extent, given the continued subscriber churn.
HFCL, RBL Bank, HUDCO, Vodafone Idea, Apollo Hospitals Enterprise Ltd, Coal India, Mahindra and Mahindra and Bharat Forge remained stocks that fell 7-8 times during the 10 year period.
Vodafone Idea share price: VIL shares tumbled 5.09 per cent to settle at Rs 8.21 today. At this price, they have edged up 2.37 per cent on a year-to-date (YTD) basis.
VIL's stock was the most hit, diving 5.90 per cent to hit a day low of Rs 8.14. Indus Towers slipped 4.67 per cent to Rs 332.35 level and Airtel shed 0.91 per cent to Rs 1,256.20.
Voda Idea share price: "Investor focus shall now shift to VIL's progress on key operational parameters—pace of subscriber loss, future tariff hike(s) and capex velocity–even as further developments on AGR (adjusted gross revenue) dues shall also be keenly watched; maintain 'HOLD'," the domestic brokerage stated.
Debt raise has been facing some delays as banks are seeking clarity on the resolution of AGR dues by the government, Nomura India reported Vodafone Idea as saying.Â
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