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    IDEA   INE669E01016

VODAFONE IDEA LIMITED

(IDEA)
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Delayed Quote. Delayed NSE India Stock Exchange - 12/02 01:01:35 am
12.85 INR   +0.39%
11/29Indian shares close higher as Reliance, Kotak Mahindra Bank gain
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11/29Indian shares flat in volatile trade; Reliance jumps
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11/24Indian shares gain on boost from energy, banking stocks
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Aditya Birla Group Chairman and Vodafone Group Reportedly Considering Infusing Capital into Vodafone Idea

10/12/2021 | 01:06am EST

Aditya Birla Management Corporation Private Limited (Aditya Birla Group) Chairman Kumar Mangalam Birla is considering infusing some of his own capital into Vodafone Idea Limited (NSEI:IDEA) while the Vodafone Group Plc (LSE:VOD) may sell at least a part of its stake in Indus Towers Limited (NSEI:INDUSTOWER) and channel the proceeds into the loss-making telco. This will be followed by external funding, say people aware of the matter. “Much of the funds will have to come in from external sources.KM Birla will put in some money, but not a significant sum while Vodafone is unlikely to pump in more money (from the UK group). Monetising the assets in Indus is really the plan,” said a senior official close to the Vodafone Group. “Clearly, investors want both the promoters to put their money where their mouth is. It is only after that external fund-raising will happen,” the official added. Another person familiar with the matter said that the promoter infusion is likely to be much lesser than INR 100 billion that has been reported in some media. ET's query to the Aditya Birla Group (ABG) and Vodafone India did not elicit a response. The Vodafone Group declined comment. For about a year, the telco has been in discussions with a slew of potential investors. But it hasn't been able to close its planned INR 250 billion fundraise and has blamed unviability of the sector as the main reason. Vodafone Idea Managing Director Ravinder Takkar recently said that the company's management is now re-evaluating its funding requirements afresh and will take a fresh proposal to the board soon.


ę S&P Capital IQ 2021
All news about VODAFONE IDEA LIMITED
11/29Indian shares close higher as Reliance, Kotak Mahindra Bank gain
RE
11/29Indian shares flat in volatile trade; Reliance jumps
RE
11/24Indian shares gain on boost from energy, banking stocks
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11/23Vodafone Idea to Increase Mobile Tariffs
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11/16Vodafone Idea in Discussions with Banks and Investors for Raising Both Debt and Equity
CI
11/15Vodafone Idea Trims Consolidated Net Loss in Fiscal Q2
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11/12Vodafone Idea Limited Reports Earnings Results for the Second Quarter and Six Months En..
CI
11/12Vodafone's Indian Unit Begins Talks To Secure Much-Needed Loans From State Bank
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10/29India's Reliance Jio to launch Google smartphone for about $87
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10/25BHARTI AIRTEL : Takes Government Offer of Four-Year Moratorium on Spectrum Payments
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More news
Analyst Recommendations on VODAFONE IDEA LIMITED
More recommendations
Financials
Sales 2022 390 B 5 204 M 5 204 M
Net income 2022 -265 588 M -3 542 M -3 542 M
Net Debt 2022 1 974 B 26 327 M 26 327 M
P/E ratio 2022 -1,36x
Yield 2022 -
Capitalization 368 B 4 915 M 4 905 M
EV / Sales 2022 6,00x
EV / Sales 2023 5,24x
Nbr of Employees 9 173
Free-Float 27,3%
Chart VODAFONE IDEA LIMITED
Duration : Period :
Vodafone Idea Limited Technical Analysis Chart | IDEA | INE669E01016 | MarketScreener
Technical analysis trends VODAFONE IDEA LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 17
Last Close Price 12,80 INR
Average target price 7,86 INR
Spread / Average Target -38,6%
EPS Revisions
Managers and Directors
Ravinder Takkar Chief Executive Officer, Director & MD
Akshaya Moondra Chief Financial Officer
Himanshu Kapania Non-Executive Chairman
Jagbir Singh Chief Technology Officer
Abhijit Kishore Chief Operating Officer
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