Vodafone Idea shares rise 9% in 5 days
Vodafone Idea just got the go-ahead from shareholders to raise up to ₹20,000 crore. The goal? Boost their 4G and 5G networks and tackle some heavy debts as competition heats up in the telecom world.
Their stock jumped nearly 9% over the past week, though it was trading flat on Monday, June 30, 2025.
Government owns 49% of Vodafone Idea now
Vodafone Idea is backed by Vodafone Group Plc and Aditya Birla Group, but now the government owns a big chunk—49%—after a recent equity swap.
The company posted a net loss of ₹7,166 crore last quarter.
On the bright side, fewer users are leaving: net exits dropped from 6.47 lakh in April to 2.74 lakh in May.
Share price down over 58% in the past year
This cash boost (plus talks for an extra ₹25,000 crore loan) is pretty much make-or-break for Vodafone Idea's future network upgrades and staying relevant against rivals.
Still, their share price was at ₹7.35 on Monday, June 30, 2025—down over 58% in the past year—showing just how tough things have been lately.