Vodafone Results

The group slashed its dividend by 40% in May 2019 after the cost of buying 5G spectrum caused its debt to balloon

Vodafone Idea's shares climbed 6.31 per cent to log an intraday high of ₹10.10 per share on the NSE

Technical charts suggest that Vodafone Idea stock can potentially rally to Rs 10.90 on the upside, provided the stock sustains above this resistance zone.

Analysts say while the fundraising could strengthen Vodafone Idea's infrastructure, the company faces challenges on the financial front

Della Valle said she had flagged three markets that would benefit from consolidation in May, and action had been taken in two of them

Vodafone Idea Q1 Preview: Voda Idea's fundraising plans and commentary on average revenue per user (ARPU) trajectory ahead will remain key monitorables for experts and investors alike

The stock, however, bounced back 24.5 per cent from day's low to hit an intra-day high of Rs 3.25 per share on reports that the government was mulling sops to revive the telecom sector.

Chief Executive Nick Read said he was pleased at the speed with which he was executing his plan.

Since launch of minimum service recharge plans firm loses 67 mn subscribers

Vodafone group's financial numbers included a July-August performance of Vodafone India