Vodafone Idea is currently trading at Rs. 10.28, up by 0.16 points or 1.58% from its previous closing of Rs. 10.12 on the BSE.
The scrip opened at Rs. 10.19 and has touched a high and low of Rs. 10.38 and Rs. 10.12 respectively. So far 31509985 shares were traded on the counter.
Last one week high and low of the scrip stood at Rs. 11.15 and Rs. 9.90 respectively. The current market cap of the company is Rs. 29539.98 crore.
The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 7.47% and 20.48% respectively.
Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers. The order will be only for expansion of existing telecom network capacity where the contract was already awarded to the Chinese vendors. The company is planning network expansion in six circles where networks are getting heavy traffic. Both Huawei and ZTE supply equipment to Vodafone Idea. The expansion order to Chinese vendors will be for non-core networks.
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.
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