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Trending stocks: Vodafone Idea share price gains 2 %

Shares of Vodafone Idea Ltd. traded 1.56 per cent up in trade at 10:51AM on Wednesday .

ETMarkets.com|
Last Updated: Apr 08, 2020, 10.55 AM IST
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Vodafone Idea
The stock quoted a 52-week high of Rs 22.55 and a 52-week low of Rs 2.9 .
NEW DELHI: Shares of Vodafone Idea traded 1.56 per cent up in Wednesday 's trade at 10:51 am (IST).

Around 38789099 shares changed hands on the counter. The stock opened at Rs 3.2 and touched an intraday high and low of Rs 3.25 and Rs 3.15 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 22.55 and a 52-week low of Rs 2.9 .

Many subscribers reported issues related to network connectivity, which the company claimed was resolved shortly.

Financials
Vodafone Idea Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 9252.80 Crore) operating in Telecommunications sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 11089.40 Crore, up 2.26 % from last quarter Sales of Rs 10844.00 Crore and down -5.63 % from last year same quarter Sales of Rs 11751.60 Crore. The company reported net profit after tax of Rs -6538.70 Crore in latest quarter.

Vodafone Idea Ltd. key Products/Revenue Segments include Telecommunication Services which contributed Rs 36766.80 Crore to Sales Value (99.75 % of Total Sales) and Other Operating Revenue which contributed Rs 92.00 Crore to Sales Value (0.24 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 72.05025 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of -0.14 and price to book value of 0.05 .

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