Archive · 14 Nov 2025
Vodafone Idea Shares Surge to One-Year High on Positive Triggers
Vodafone Idea's stock price has gone up a lot recently, reaching its highest point in a year.
This is happening because the company is doing a bit better than expected.
They lost less money in the last few months compared to last year.
Their average price per customer also went up, partly because they have more people using their 4G service.
The company is also spending money to make its network better.
Plus, good news from the Supreme Court about their government dues and possible future price increases for phone plans are also making investors happy.
Some financial experts think the stock could go up more, while others are more cautious but see reasons for optimism.
Vodafone Idea shares reached a one-year high of ₹11.08 on November 14, marking a 6% daily gain.
The stock is on track for its biggest weekly gain in three months, having risen 14% so far this week.
The company reported a narrower net loss of ₹5,524.2 crore for the September quarter, with revenue increasing to ₹11,194.7 crore.
Average Revenue Per User (ARPU) rose to ₹180, driven by customer upgrades and tariff increases, with 4G/5G subscribers reaching 127.8 million.
Brokerages have raised estimates and ratings following the company's results and the Supreme Court's recent ruling on government dues, though some maintain a cautious stance.
- Who
- Vodafone Idea
- What
- Share price surged to a one-year high, driven by improved quarterly results, potential tariff hikes, and government relief on dues.
- When
- November 14
- Where
- Stock market
- Why
- Positive September-quarter results, higher ARPU, reports of future tariff hikes, and the Supreme Court allowing consideration of relief on government dues.
Motilal Oswal
JM Financial
Price Target and Rating
Motilal Oswal
Maintained 'Neutral' rating with a marginally revised price target of ₹9.5 from ₹10.
JM Financial
Raised target price to ₹11 from ₹9.5 and maintained 'Add' rating.
AGR Dues Relief
Motilal Oswal
Notes potential for a 50% waiver in AGR dues, but emphasizes the need for favorable payment terms for AGR and spectrum liabilities.
JM Financial
Assumes a partial AGR waiver of about ₹160 billion before FY26-end and an extension of the AGR moratorium beyond March 2026.
Key Factors for Turnaround
Motilal Oswal
Highlights tariff hikes and lower competitive intensity as crucial, but notes these are partly outside the company's control.
JM Financial
Points to higher government waivers, spectrum surrender, dues converted to equity, steep tariff hikes, and stronger subscriber additions as upside triggers.
- Share Price High
- ₹11.08 (1-year high)
- Weekly Gain
- 14% (largest in three months if sustained)
- Q2 FY26 Net Loss
- ₹5,524.2 crore (narrowed from ₹7,176 crore YoY)
- Q2 FY26 Revenue
- ₹11,194.7 crore (up 2.4% YoY)
- Average Revenue Per User (ARPU)
- ₹180 (above estimates)
- 4G/5G Subscribers
- 127.8 million
- Capital Expenditure (Q2 FY26)
- ₹17.5 billion