Banks seek guarantees from group companies, capital infusion commitment in case of default
Virat Jagad, technical analyst at Bonanza believes that Vodafone Idea stock is showing signs of base formation but needs to clear the resistance zone of ₹10.5-11 for confirmation.
Technical analyst at Bajaj Broking is bullish on Vodafone Idea stock as it generated a breakout above a falling channel, and is seen sustaining above its 200-DMA.
Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
Vodafone Idea stock is currently witnessing a distribution phase rather than an uptrend, says Hitesh Tailor of Choice Broking. Here are the key levels to watch out for as per the technical analyst.
Drumil Vithlani of Bonanza reckons that support for Vodafone Idea can be anticipated in ₹9.80-₹9.60 range; below which the stock can technically lose momentum.
Vodafone Idea shares fell 2% despite 10-year AGR moratorium. Analysts cite spectrum dues, funding risks, and limited upside despite cash-flow relief
The telco will also pay ₹100 crore annually, from March 2032 to March 2035
The price-to-moving averages action has turned favourable for Voda Idea stock for the first-time since July 2024; Key hurdles for the stock stand at ₹10.69 and ₹11.88 levels, show long-term charts.
Voda Idea stock has witnessed a Golden Crossover and trades above key moving averages and trend line indicators on the daily and weekly charts; the challenge ahead remains the 200- and 100-WMAs.
Vodafone Idea share price has surged 73% in the last three months. The stock can potentially zoom another 53% if it manages to clear the key hurdles at ₹10.77 and ₹11.88 levels, suggests tech charts.
Voda Idea is seen trading consistently above the 200-DMA after a gap of more than 1 year; a weekly close above ₹8.26 shall further strengthen the stock, suggest technical charts.
The unit of India's third-largest wireless carrier plans to issue bonds with tenors of two and three years, raising ₹30 billion and ₹20 billion, respectively, the sources said
Vodafone Idea stock has witnessed a twin breakout with the stock seen trading above the super trend line hurdle and the higher-end of the Bollinger Bands on the daily chart.
The billionaire Kumar Mangalam Birla-led wireless carrier had to earlier defer the plan as banks were concerned about the firm's weak finances and mounting dues to the government
The government is considering extending the repayment period for AGR dues from the current six years to 20 years, while also shifting from compound to simple interest on the outstanding amount
The statement comes after the SC dismissed petitions by Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues
The board of debt-ridden firm Vodafone Idea will meet on May 30 to consider fundraising options along with approval of its financial results, the company said on Tuesday. The loss-making firm has expressed apprehension about its survival beyond the current fiscal due to liquidity crunch in the company despite financial support from the government. In a BSE filing, Vodafone Idea said that its board will meet on May 30 "to consider and evaluate any and all proposals for raising of funds in one or more tranches, either by way of a rights issue or further public offer or private placement (including preferential allotment or qualified institutions placement)." The board will also evaluate fundraising through any other permissible mode including debt bonds. The board will decide on holding extraordinary general meeting to get shareholders' nod for the fundraise on the same day. Vodafone Idea board will also meet and consider approving its financial performance for the March 2025 quarte
Technical outlook on telecom stocks post SC verdict on AGR dues: Voda Idea looks weak on chart and can slide up to 34% from present levels. Bharti Airtel and TTML, however, look favourably placed.
The report comes a day after Vi filed a fresh plea before the Supreme Court seeking a waiver of over ₹30,000 crore of Adjusted Gross Revenue (AGR) dues