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    Stock market news: Vodafone Idea shares trade flat in the afternoon session

    Synopsis

    Shares of Vodafone Idea Ltd. traded 0.19 per cent up in trade at 12:06PM on Monday.

    Vodafone Idea
    The stock quoted a 52-week high of Rs 17.15 and a 52-week low of Rs 2.4.
    NEW DELHI: Shares of Vodafone Idea Ltd. traded 0.19 per cent up in Monday's trade at 12:06PM (IST). Around 63353522 shares changed hands on the counter. The stock opened at Rs 10.7 and touched an intraday high and low of Rs 10.75 and Rs 10.12, respectively, in the session so far.

    The stock quoted a 52-week high of Rs 17.15 and a 52-week low of Rs 2.4.

    Telecom regulator Trai has decided to drop proceedings against Vodafone Idea in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering.

    Financials
    Vodafone Idea Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 29741.13 Crore) operating in Telecommunications sector.

    For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 10655.70 Crore, down 9.20 per cent from last quarter Sales of Rs 11735.60 Crore and down 5.41 per cent from last year same quarter Sales of Rs 11264.70 Crore Company has reported net loss after tax of Rs 25548.90 Crore in latest quarter.

    Vodafone Idea Ltd. key Products/Revenue Segments include Telecommunication Services which contributed Rs 44682.70 Crore to Sales Value (99.92 per cent of Total Sales), Other Operating Revenue which contributed Rs 32 Crore to Sales Value (0.07 per cent of Total Sales) and Traded Goods which contributed Rs .30 Crore to Sales Value for the year ending 31-Mar-2020.

    Promoter holding
    Promoters held 18.48 per cent stake in the company as of quarter ended 31st Jun 2020.

    Valuation ratio
    It quoted a price-to-earnings ratio of -0.32 and price to book value of 1.49.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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