Previous close | 13.15 |
Open | 13.15 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 13.05 - 13.65 |
52-week range | 6.85 - 18.40 |
Volume | |
Avg. volume | 489,023,461 |
Market cap | 880.906B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 22 Sept 2016 |
1y target est | N/A |
Vodafone Idea, India's third-largest telecom operator by subscribers, missed analysts' estimates for quarterly revenue on Thursday, hurt by its shrinking user base. The company's consolidated revenue rose 0.7% to 106.07 billion Indian rupees ($1.27 billion) for the quarter ended March 31, compared with LSEG estimates of 107.15 billion rupees. Vodafone Idea was formed by a merger between the Indian arm of UK's Vodafone Group and Aditya Birla Group's Idea Cellular in 2018, in a bid to contest a brutal price war triggered by Mukesh Ambani's Reliance Jio Infocomm Ltd.
BENGALURU (Reuters) -Indian telecom carrier Vodafone Idea is in talks with lenders to avail loans worth 150 billion rupees ($1.80 billion) over the next two years, Bloomberg News reported on Thursday, citing people familiar with the matter. The company has reached out to state-run lenders State Bank of India (SBI), Bank of Baroda, Punjab National Bank and some privately-held banks, the report said. Bloomberg News did not mention the names of the private lenders.
MUMBAI (Reuters) -Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans to invest about $500 million, while SBI Mutual Fund is considering an investment of $200 million to $300 million in the follow-on public offering, said both people, who declined to be named as the plans are confidential. GQG and SBI declined to comment while Vodafone Idea did not respond to queries seeking comment.