Vodafone Idea trades in inexperienced on the BSE

Vodafone Idea trades in inexperienced on the BSE

by admin- Monday, May 6th, 2019 04:39:07 PM

Vodafone Idea is presently buying and selling at Rs. Sixteen.60, up by using zero.50 factors or three.Eleven % from its previous remaining of Rs. 16.10 at the BSE.

The scrip opened at Rs. 17.00 and has touched a excessive and occasional of Rs. 17.10 and Rs. Sixteen.35 respectively. So a ways 536442 shares have been traded on the counter.

The BSE group ‘A’ inventory of face cost Rs. 10 has touched a fifty two week excessive of Rs. 39.68 on 12-Jun-2018 and a 52 week low of Rs. 14.Ninety five on 04-Apr-2019.

Last one week excessive and occasional of the scrip stood at Rs. 17.10 and Rs. 15.15 respectively. The current market cap of the corporation is Rs. 46263.98 crore.

The promoters preserving in the organization stood at 71.33%, while Institutions and Non-Institutions held 17.60% and 11.08% respectively.

Vodafone Idea will search for its shareholders’ approval on June 6 to transfer optical fibre assets to an entirely-owned subsidiary –Vodafone Towers. The corporation has proposed to hive off its telecom fibre infrastructure to Vodafone Towers earlier than monetising it and approached the National Company Law Tribunal Ahmedabad on April 11, 2019, for its approval.

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