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Vodafone Idea re-enters top-100 most-valued firms list, zooms 129% in 1 mth

With market capitalisation of Rs 26,522 crore, Vodafone Idea stood at number 96th position in the overall m-cap ranking at 09:27 am, the BSE data shows.

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Influential brokerage CLSA on Wednesday issued a ‘buy’ rating on the stock with a 12-month price target of Rs 12

SI Reporter Mumbai
Vodafone Idea has re-entered the elite club of top-100 most valued Indian companies in terms of market valuation as the stock price of the telecom services provider more-than-doubled in the past one month. Vodafone Idea is promoted by British telecoms giant Vodafone Plc and Indian Aditya Birla group.

With market capitalisation (m-cap) of Rs 26,522 crore, Vodafone Idea stood at number 96th position in the overall m-cap ranking at 09:27 am, the BSE data shows. The company has seen Rs 14,625 crore m-cap addition in the past one month and notched up 75 positions from 171th position as on May 5,