Vodafone Idea plans ₹45,000 cr capex to revive operations
Vodafone Idea is launching a ₹45,000 crore capex plan to recover from financial difficulties and compete with Jio and Airtel. The stock is currently trading at ₹11.49 per share, with a market cap of ₹1,24,486 crore.
after close1 source ↓written by the desknot a recommendation
- revival plan
- ₹45,000 crore
- it trades
- ₹11.49 per share
Vodafone Idea is implementing a ₹45,000 crore revival plan to address its financial troubles, including huge AGR dues and subscriber losses. With government support and renewed promoter confidence, the telecom operator aims to compete with Jio and Airtel. Currently, it trades at ₹11.49 per share, reflecting a slight increase of 0.09%.
Not investment advice. For informational purposes only.