Improving subscriber trends and ARPU offer some comfort, but Vodafone Idea still needs substantial funding to finance its ₹45,000 crore capex plan and meet obligations
Reliance Jio gained the highest number of wireless mobile subscribers in August, adding nearly 2.40 million users, followed by Bharti Airtel with about 2.11 million additions.
Stcocks to watch today: SAIL, ITC, Petronet LNG, M&M, Fortis, Tata Steel, NTPC, Fortis Healthcare, Fujiyama Power Systems, Vodafone Idea, are among other stocks that will remain in focus today.
Stocks to watch: Crude-linked shares, Vodafone Idea, SBI, Texmaco Rail, PNB, HDFC Bank, YES Bank, JSW Infra, Shankesh Jewellers, Gabriel India, among others, will be in focus today.
Vodafone Idea share price target: Jefferies has initiated coverage of Vodafone Idea with a 'Buy' rating and set a target price of ₹20, implying a 30 per cent upside from the previous close of ₹15.51.
Stocks to watch today: Bandhan Bank, defence shares, RBL Bank, PVR Inox, Adani Power, Swiggy, Asian Paints, Molbio Diagnostics, IndusInd Bank, among others, will be in focus today.
In the past four trading days, the stock price of Vi soared 11% after it unveiled a new dynamic identity signalling optimistic future and roping in Shah Rukh Khan to tease what's next for the brand.
No 3 carrier changes logo, launches brand campaign with SRK teaser
The six months from February through July mark a sharp reversal for Vi. During the preceding six months, the carrier lost more than 3.6 million customers
According to reports, Vodafone Idea is in the final stages of closing debt funding from a State Bank of India (SBI)-led consortium of public sector banks.
The court held that a refund arising from an assessment or appellate order cannot be withheld merely because the taxpayer has not furnished Form 26B
In the commodity market, oil prices eased, with Brent crude futures down 1.29 per cent at $93.17 and the US West Texas Intermediate crude lower by 1.38 per cent at $85.86.
Disbursement subject to telco raising funds from private banks
Pravesh Gour of Swastika Investmart believes the industry's growth model is shifting from cheap data and aggressive subscriber addition towards premiumisation, higher ARPU & better cash generation.
In the past six trading days, Vodafone Idea's share price rallied 12 per cent after the telecom company reported June 2026 quarter (Q1FY27) earnings.
Airtel's withdrawal of select prepaid plans could lift its ARPU, but analysts say Vodafone Idea may gain more if it follows with a similar tariff rejig
Stocks to buy today: Kunal Kamble of Bonanza has recommended three stocks to buy today: Vodafone Idea, Vodafone Idea and PNB.
Hopeful of closing discussions with banks, confident of raising additional funds, says CEO Abhijit Kishore
Vodafone Idea share price gained 3 per cent to hit ₹13.30 against the last closing price of ₹12.91 apiece on the BSE. This marks the third straight day of gains for the stock.
Aditya Birla group co secures Rs 6,400 crore from warrants, fund and non-fund facilities; Co places capex orders of Rs 9,000 crore