The counter opened at Rs 10.55 and touched an intraday excessive and low of Rs 10.65 and Rs 10.35, respectively, within the session to this point. Shares of the corporate of Vodafone Concept quoted a 52-week excessive of Rs 13.8 and a 52-week low of Rs 2.7.
Telecom Division on Monday issued demand notes to Vodafone Concept and its rivals Reliance Jio and Bharti Airtel asking them to make stipulated funds for spectrum they purchased within the just-concluded auctions, trade sources stated.
Complete market cap of the Vodafone Concept stood at Rs 29971.01 crore on the time of scripting this report.
Key Financials
The corporate reported consolidated web gross sales of Rs 10933.5 crore for the quarter ended 31-Dec-2020, up 0.95 per cent from earlier quarter’s Rs 10830.5 crore and up 3.93 per cent from the year-ago quarter’s Rs 11380.5 crore.
The web loss for contemporary quarter stood at Rs 4532.1 crore, down 29.61 per cent from the identical quarter a 12 months in the past.
Shareholding sample
As of 31-Dec-2020, DIIs held 0.96 per cent stake within the firm, whereas international institutional buyers held 6.08 per cent and the promoters 18.48 per cent.
Valuation ratio
In line with BSE knowledge, the inventory traded at a price-to-earnings a number of of -0.61 and a price-to-book ratio of 1.49. A better P/E ratio reveals buyers are prepared to pay a better value due to higher future progress expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no progress within the enterprise.
Vodafone Concept belongs to the Telecommunications – Service trade.