Vodafone Idea's ₹45,000 crore capex plan to revive operations
Vodafone Idea is launching a ₹45,000 crore capex plan to recover from financial challenges and compete with Jio and Airtel. The stock is trading at ₹11.49, with significant implications for its market position.
pre-market1 source ↓written by the desknot a recommendation
- revival plan
- ₹45,000 crore
- Currently trading
- ₹11.49 per share
Vodafone Idea is implementing a ₹45,000 crore revival plan to address financial troubles, including AGR dues and subscriber losses. Currently trading at ₹11.49 per share, the company aims to regain competitiveness against Jio and Airtel. With government support and renewed promoter backing, the outcome remains critical for its future. 📈
Not investment advice. For informational purposes only.