3 weeks ago

Vodafone Idea shares jump 6% on strong Q1 results

Vodafone Idea shares jump 6% on strong Q1 results
Vodafone Idea share price jumps 6% in a weak market; is it the right time to buy the telecom stock? · livemint.com

Vodafone Idea is a big mobile phone company in India.

On Wednesday, people who buy and sell its shares pushed the price up by 6%.

This happened even though the rest of the stock market was weak.

The company recently told everyone about the last three months of its business.

It still lost money, but the loss was much smaller than before.

Customers are paying more each month, so the company earns more per customer.

The company says this is the biggest increase in the industry.

Some experts who study stocks say the shares may keep going up.

Other experts are more careful and think the price is already high enough.

So whether it is a good time to buy depends on who you ask.

Key facts

Intraday high
₹13.70 (up 6%)
Q1FY27 net loss
₹3,754 crore (vs ₹6,608 crore a year ago)
Q1FY27 revenue
₹11,689 crore (up 2.4% YoY)
ARPU
₹195 (up 10.2% YoY)
EBITDA margin
43.1% (up from 41.8%)
Motilal Oswal rating
Neutral, target price ₹11
JM Financial rating
Add, target price ₹14.7
One-year stock return
108%

Quotes

Jigar S. Patel

Senior Manager, Equity Technical Research at Anand Rathi Share and Stock Brokers

“"We believe Vodafone Idea’s revival hinges on: (1) sustained tariff hikes or change in tariff construct, (2) stabilisation of consumer wireless subs trends, (3) more rational competition on subscriber acquisition, and (4) continuation of benign regulatory regime, with requirement of further relief on spectrum dues."”
livemint.com
“"Immediate support is placed near ₹12.85– ₹12.40, while ₹13.70– ₹14.00 is the key resistance zone. A decisive breakout above ₹14 could open further upside potential."”
livemint.com

Sources

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