Vodafone Idea has gained investor attention after its stock rose over 13% over 5 consecutive sessions. This comes as shareholders approved a significant ₹20,000 crore funding initiative.
In a regulatory filing, Vodafone Idea stated that its shareholders have approved a proposal to raise up to ₹20,000 crore via the issuance of securities. Following the announcement, the stock displayed positive momentum and extended its winning streak on Monday, June 30. Vodafone Idea's share price has gained over 13% in 5 days.
Vodafone Idea has also reported signs of stabilisation in its user base. The net subscriber loss declined to 2.74 lakh in May, compared to 6.47 lakh in April. This marked the 3rd consecutive month of improved customer retention, suggesting a gradual reversal in consumer exits. The company continues efforts to retain users while facing pressure from competitors offering superior 4G and 5G services.
Recent market speculation suggested that the Central government may announce a relief package to support the debt-heavy telecom company. Vodafone Idea, however, clarified that it has not received any formal communication on the matter. With ₹20,000 crore in fresh funding, investor expectations lean towards better-paying dues and strategising for sustainability.
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India's telecom sector is increasingly concentrated, with Bharti Airtel and Reliance Jio dominating spectrum holdings and user base. Union Telecom Minister Jyotiraditya Scindia recently expressed concern over the emergence of a duopoly, emphasising the need to promote fair competition. Vodafone Idea holds strategic importance in maintaining this balance, especially after the government converted its dues into equity, acquiring a 49% stake in the operator.
On June 30, 2025, Vodafone Idea share price opened at ₹7.40 on NSE, above the previous close of ₹7.38. During the day, it surged to ₹7.50 and dipped to ₹7.32. The stock is trading at ₹7.50 as of 11:41 AM. The stock registered a moderate gain of 1.63%.
Over the past week, it has moved up by 9.33%, over the past month, it has moved up by 6.69%, and over the past 3 months, it has declined by 7.41%.
Vodafone Idea’s stock has been in action in the short-term boost as shareholders approved a ₹20,000 crore capital raise.
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Published on: Jun 30, 2025, 12:54 PM IST
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