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Vodafone Idea slips on losing 49.56 lakh subscribers in August

Vodafone Idea is currently trading at Rs. 6.38, down by 0.01 points or 0.16% from its previous closing of Rs. 6.39 on the BSE.

The scrip opened at Rs. 6.39 and has touched a high and low of Rs. 6.54 and Rs. 6.32 respectively. So far 11163229 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 27.51 on 21-Nov-2018 and a 52 week low of Rs. 4.83 on 29-Aug-2019.

Last one week high and low of the scrip stood at Rs. 6.74 and Rs. 5.93 respectively. The current market cap of the company is Rs. 18304.44 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 21.11% and 6.84% respectively.

Vodafone Idea has lost 49,56,920 customers in August 2019. Following this, the company’s total customer base has decreased to 37.50 crore with market share of 32.03% in terms of Wireless Subscribers as on August 31, 2019.

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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