Saturday , October 16 2021

Vodafone Idea surges on partnering with Kia Motors

Vodafone Idea is currently trading at Rs. 5.12, up by 0.08 points or 1.59% from its previous closing of Rs. 5.04 on the BSE.

The scrip opened at Rs. 5.09 and has touched a high and low of Rs. 5.52 and Rs. 5.01 respectively. So far 9685766 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. 6.44 and Rs. 4.95 respectively. The current market cap of the company is Rs. 14856.20 crore.

The promoters holding in the company stood at 71.57%, while Institutions and Non-Institutions held 22.82% and 5.61% respectively.

Vodafone Idea has partnered with Kia Motors in India for supporting connected car services in the auto maker’s SUV, Seltos. Under the partnership, Vodafone Idea will provide to Kia Motors its business services’ internet of things (IoT) solutions offering an array of services, including navigation that reflects real-time traffic.

The company’s expertise in automotive IoT will additionally help Kia deploy a strong, connected solution in the Indian market through integration of e-SIMS with Voice, 3G/4G data, SMS and secured access point name (APN) service.

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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