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Vodafone Idea rings loudly on partnering with Hyundai AutoEver India

Vodafone Idea is currently trading at Rs. 12.05, up by 0.20 points or 1.69% from its previous closing of Rs. 11.85 on the BSE.

The scrip opened at Rs. 12.10 and has touched a high and low of Rs. 12.15 and Rs. 11.55 respectively. So far 2863412 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 39.68 on 12-Jun-2018 and a 52 week low of Rs. 11.55 on 22-May-2019.

Last one week high and low of the scrip stood at Rs. 13.00 and Rs. 11.55 respectively. The current market cap of the company is Rs. 34626.14 crore.

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

Vodafone Idea has entered into partnership with Hyundai AutoEver India, a subsidiary of Hyundai Motor Group, for roll-out of connected car services. The tie-up will enable Hyundai cars, starting with its recently launched SUV Hyundai VENUE, to offer what it terms ‘advanced connected car functionality’.

The partnership will see Hyundai deploy a connected solution in Indian market with integration of eSIMS with Voice, 3G/4G data, SMS, etc.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

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