Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Driven by investors’ interest, the shares of Vodafone Idea have surged by 14% in 7 trading sessions, to a high of Rs 7.49 hit on the BSE in today’s trade. This comes even as the company witnessed a loss of market share as well as active subscribers in the month of May. On the performance … Read more

Eternal and Vedanta among stocks which Edelweiss Mutual Fund bought and sold in May

Eternal and Vedanta among stocks which Edelweiss Mutual Fund bought and sold in May

Edelweiss Mutual Fund, led by CEO Radhika Gupta, increased its holdings in 401 stocks and reduced its stake in 117 stocks in May, according to monthly data from Prime Database. Some of the key stocks where the fund house raised its holdings include HDFC Bank, State Bank of India, Eternal, Reliance Industries, Cipla, PNB Housing … Read more

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Ericsson India Pvt Ltd has sold off its around 0.6% stake in Vodafone Idea (Vi) via a bulk deal to undisclosed buyers, raising Rs 428.43 crore. As per NSE bulk deal data, Ericsson India sold 63.37 crore shares in Vi at Rs 6.76 apiece Tuesday. Buyer details were not immediately available. Shares of Vi closed … Read more

Who controls India Inc.? The answer is starting to change: NSE report

Who controls India Inc.? The answer is starting to change: NSE report

In the latest edition of its “India Inc. Ownership Tracker” for March 2025, the National Stock Exchange (NSE) reveals that private Indian promoters continue to hold the largest stake in India Inc., commanding a 32.5% share in NSE-listed companies. However, the report also signals a shifting tide, with domestic mutual funds (DMFs) and retail investors … Read more

Markets look directionally positive despite global noise: Sandip Sabharwal

Markets look directionally positive despite global noise: Sandip Sabharwal

“If people need to invest, DLF seems to be better placed vis-à-vis the other companies on a valuation as well as risk-return perspective. But overall, my view is that real estate after the sharp run-up needs to consolidate for some more time,” says Sandip Sabharwal, asksandipsabharwal.com.Give us a sense of where you see the markets … Read more

No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian

No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian

Balaji Subramanian, AVP and telecom analyst, IIFL Securities, says that with the Supreme Court rejecting the telecom companies’ plea for re-computation of adjusted gross revenue (AGR) case, there is no relief in sight for telecom majors. If Vodafone Idea is able to complete its debt fundraising, then the capex programme should be on track and … Read more

Stocks in news: HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo

Stocks in news: HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo

Domestic markets extended their rebound, gaining nearly half a percent on Tuesday, supported by a recovery in global indices. In today’s trade, shares of HDFC Bank, Vodafone Idea, Dr Reddy’s, RIL, IndiGo among others will be in focus due to various news developments. Vodafone IdeaVodafone Idea has in recent weeks approached state-owned lenders Power Finance … Read more

NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100

NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100

Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more