# Vodafone Idea (IDEA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/idea

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹12.76
- Change: -1.01%
- As of: 2026-11-06
- 1D return: -1.01%
- 5D return: +7.86%
- 1M return: -0.31%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

IDEA closed at ₹12.76 on 2026-11-06, reflecting a -1.0% daily decline following a downward gap and an 8.1% intraday range. The stock is positioned +83.2% within its 20-day range, indicating recent strength but also proximity to short-term resistance. Daily trend structure remains mixed: price holds above the 20-period EMA, 20-period SMA, and Supertrend (bullish), yet sits below the 50-period moving averages. ADX at 28.88 confirms an established daily trend, though DI lines are nearly flat (+DI 22.4 vs -DI 22.62). On higher timeframes, the monthly trend is bearish with a Supertrend signal below price and strong momentum (ADX 36.11), while the weekly setup is also bearish (Supertrend below price). A monthly 'Inside Bar' pattern is currently active, suggesting consolidation. Key resistance lies at ₹12.83 (pivot, +0.55%) and ₹13.03 (high, +2.12%). Support is immediate at ₹12.69 (-0.55%), with deeper levels at ₹12.49 (-2.12%) and ₹12.35 (-3.21%). Annualized volatility is high at +49.4%, with a current drawdown of -18.2%.

- Price Action: Closed at ₹12.76 (-1.0%) after a downward gap; high volatility (ATR 3.4%) and wide intraday range (+8.1%) suggest indecision.
- Trend Conflict: Daily indicators are bullish (price above 20/200 SMAs, Supertrend up), but Monthly and Weekly trends are bearish (Supertrend down, price below key MAs).
- Key Levels: Immediate resistance at ₹12.83 (+0.55%) and ₹13.03 (+2.12%); support at ₹12.69 (-0.55%), ₹12.49 (-2.12%), and ₹12.35 (-3.21%).
- Momentum & Risk: ADX shows established trends (Daily 28.88, Monthly 36.11); annualized volatility is +49.4% with a -18.2% current drawdown.

- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar
- Shooting Star

### News Context

Vodafone Idea advanced its digital transformation strategy on 4 November 2026 by launching 'Vi Intelligence', an AI initiative partnered with PwC India to develop agentic enterprise solutions through a new Centre of Excellence in Mumbai. This operational move coincides with broader sector optimism; brokerages anticipate healthy Q2 results for the telecom industry, citing ARPU growth and subscriber additions from Vodafone Idea alongside Bharti Airtel, though expected tariff hikes are delayed until mid-2027. On the ownership front, the Competition Commission of India cleared Vega SAS’s acquisition of a 16.2% stake in Vodafone Group Plc on 2 November, while Aditya Birla Group Chairman Kumar Mangalam Birla expressed confidence in Vodafone Idea’s turnaround during wider group expansion signals on 4 November.

- On 4 November 2026, Vodafone Idea launched 'Vi Intelligence' with PwC India to build agentic AI solutions via a Mumbai Centre of Excellence.
- Brokerages forecast healthy Q2 telecom performance driven by ARPU growth and subscriber adds, but have delayed anticipated tariff hikes to mid-2027.
- The Competition Commission of India cleared Vega SAS’s 16.2% stake acquisition in Vodafone Group Plc on 2 November 2026.
- Aditya Birla Group Chairman Kumar Mangalam Birla signaled confidence in Vodafone Idea’s turnaround on 4 November 2026.

- [IBLA Exclusive | Kumar Mangalam Birla signals more Aditya Birla Group expansion, backs manufacturing for 2027](https://www.cnbctv18.com/business/companies/kumar-mangalam-birla-aditya-birla-group-expansion-manufacturing-2027-ibla-20027170.htm)
- [Vodafone Idea launches 'Vi Intelligence' AI initiative, joins hands with PwC India to build agentic enterprise solutions](https://timesofindia.indiatimes.com/technology/tech-news/vodafone-idea-launches-vi-intelligence-ai-initiative-joins-hands-with-pwc-india-to-build-agentic-enterprise-solutions/articleshow/135538321.cms)
- [Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds](https://www.thehindubusinessline.com/news/telecom-preview-brokerages-anticipate-healthy-q2-led-by-arpu-and-subscriber-adds/article71657250.ece)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)

### Official Filings

Vodafone Idea Limited has initiated the disclosure timeline for its Q2 and half-year results ending 30 September 2026. The Board is scheduled to meet on 12 November 2026 to approve these unaudited financials, with a conference call for analysts and institutional investors set for 13 November at 2:30 p.m. IST, featuring CEO Abhijit Kishore and CFO Tejas Mehta. A trading window closure is in effect from 1 October through 14 November 2026.

In governance updates, shareholders approved the appointment of Mr. Anil Berera and Ms. Gopika Pant as Independent Directors via postal ballot on 22 October 2026. Additionally, Manoj Murali was appointed Chief Operating Officer effective 19 October 2026. On the regulatory front, TRAI issued an order on 1 November 2026 levying a financial disincentive of ₹89,16,000 for alleged non-compliance with telecom communication regulations for the quarter ended December 2024. The company states the maximum financial impact is limited to this amount and is currently reviewing the order.

- Results Timeline: Board meeting on 12 Nov 2026 to approve H1FY27 results; investor call on 13 Nov 2026 at 2:30 p.m. IST.
- Regulatory Disincentive: TRAI imposed a penalty of ₹89,16,000 on 1 Nov 2026 for alleged non-compliance; company limits maximum financial impact to this figure.
- Governance Changes: Shareholders approved appointments of two new Independent Directors (Anil Berera, Gopika Pant) on 22 Oct 2026; COO Manoj Murali appointed effective 19 Oct 2026.
- Trading Restrictions: Insider trading window closed from 1 Oct 2026 until 48 hours post-results announcement, extending through 14 Nov 2026.

- [Vodafone Idea Limited has informed the Exchange about Earnings Call to be held on 13 November 2026 at 2:30 p.m. for the second quarter and half year ended 30 September 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDEA_04112026122034_SEIntimationEarningcallFINALsigned.pdf)
- [Vodafone Idea Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2548_WebXMLFile_20261104_122619258.xml)
- [Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/IDEA_03112026154340_SEPriorIntimationQFY27signed.pdf)
- [Vodafone Idea Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/IDEA_02112026141129_SEDisclosureTRAIfinancialdisincentive02112026signed.pdf)
- [Vodafone Idea Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2548_WebXMLFile_20261102_141621242.xml)
- [Vodafone Idea Limited has informed the Exchange regarding Voting Results and Scrutinizers Report of Postal Ballot. |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/IDEA_22102026210849_SEIntimationPostalBallotVotingResultsScrutinizersreportsigned.pdf)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 25.64 | PUBLIC_VAL: 74.36 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 19-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741899_19102026063613_WEB.xml)
- [Vodafone Idea Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2548_WebXMLFile_20261016_180500877.xml)

### Fundamentals

Vodafone Idea’s financial trajectory in Q1 FY2026-27 is defined by a sharp deterioration from profitability to loss, driven primarily by surging finance costs rather than operational decline. While revenue grew sequentially to ₹11,689 crore and operating profit remained stable at approximately ₹4,684 crore (based on TTM trends), net profit swung from a surplus of ₹51,970 crore in Q4 FY2025-26 to a loss of ₹3,754 crore in Q1 FY2026-27. This divergence highlights that the company’s core operations are generating cash, but interest expenses—rising to ₹5,120 crore in the latest quarter—are eroding those gains.

Longer-term trends show modest top-line growth, with 3-year compounded sales growth at 2% and TTM sales at ₹45,539 crore. However, earnings quality remains under pressure; while CFO/EBITDA improved to 101% in Mar 2026 from a low of 49% in Mar 2025, indicating better cash conversion, the Return on Capital Employed (ROCE) has remained negative (-2%) for two years. The balance sheet shows a reduction in borrowings to ₹192,528 crore by Mar 2026, yet high interest outflows continue to weigh on net results. Shareholding patterns indicate promoter dilution, with holdings falling from 37.32% to 25.64%, while FIIs and DIIs hold smaller stakes. The critical checkpoint is whether management can contain finance costs against rising debt servicing needs to return to consistent net profitability.

- Q1 FY2026-27 Net Profit turned negative at -₹3,754 crore, reversing Q4’s ₹51,970 crore surplus, as Finance Costs rose to ₹5,120 crore.
- Operating performance remains resilient: Revenue grew to ₹11,689 crore and Operating Profit held steady near ₹4,684 crore (TTM basis).
- Borrowings decreased to ₹192,528 crore by Mar 2026, but ROCE remains negative at -2%, signaling persistent capital inefficiency.
- Promoter stake diluted to 25.64% by Sep 2026; next key monitor is the sustainability of net margins amidst high interest burdens.

### Bull Case

Vodafone Idea presents a conditional upside case anchored by strategic backing from the Aditya Birla Group and potential operational improvements in the telecom sector. Chairman Kumar Mangalam Birla has explicitly expressed confidence in the company's turnaround, signaling that the group’s strong financial position supports ongoing expansion efforts. This corporate support coincides with brokerages anticipating healthy quarterly performance driven by Average Revenue Per User (ARPU) growth and subscriber additions, although expected tariff hikes are delayed until mid-2027. Operationally, the launch of 'Vi Intelligence' with PwC India marks a shift toward agentic enterprise AI solutions, potentially diversifying revenue streams beyond traditional connectivity. Technically, while the monthly trend remains bearish, the daily Supertrend is bullish as of November 6, 2026, with the stock trading at ₹12.76. The stock has shown resilience with a one-year return of +37.6% and a year-to-date gain of +10.0%, despite a current drawdown of -18.2%. The constructive interpretation hinges on the realization of ARPU growth and the successful execution of the AI initiative to offset near-term valuation pressures.

- Strategic Backing: Aditya Birla Group Chairman Kumar Mangalam Birla signaled confidence in Vodafone Idea's turnaround, leveraging the group's robust financials and $35 billion in projects to support future expansion.
- Operational Catalyst: Launch of 'Vi Intelligence' with PwC India establishes a Centre of Excellence for agentic AI solutions, aiming to drive transformation and assist enterprise clients in adopting next-generation technologies.
- Sector Tailwinds: Brokerages forecast healthy Q2 results driven by ARPU growth and subscriber adds, though analysts have delayed anticipated tariff hikes to mid-2027.
- Technical Resilience: Daily Supertrend is bullish with the stock at ₹12.76; despite a monthly bearish trend and -18.2% current drawdown, the stock maintains a +37.6% one-year return and +10.0% YTD gain.

- [IBLA Exclusive | Kumar Mangalam Birla signals more Aditya Birla Group expansion, backs manufacturing for 2027](https://www.cnbctv18.com/business/companies/kumar-mangalam-birla-aditya-birla-group-expansion-manufacturing-2027-ibla-20027170.htm)
- [Vodafone Idea launches 'Vi Intelligence' AI initiative, joins hands with PwC India to build agentic enterprise solutions](https://timesofindia.indiatimes.com/technology/tech-news/vodafone-idea-launches-vi-intelligence-ai-initiative-joins-hands-with-pwc-india-to-build-agentic-enterprise-solutions/articleshow/135538321.cms)
- [Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds](https://www.thehindubusinessline.com/news/telecom-preview-brokerages-anticipate-healthy-q2-led-by-arpu-and-subscriber-adds/article71657250.ece)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [Vodafone Idea Limited has informed the Exchange about Earnings Call to be held on 13 November 2026 at 2:30 p.m. for the second quarter and half year ended 30 September 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDEA_04112026122034_SEIntimationEarningcallFINALsigned.pdf)
- [Vodafone Idea Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2548_WebXMLFile_20261104_122619258.xml)
- [Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/IDEA_03112026154340_SEPriorIntimationQFY27signed.pdf)
- [Vodafone Idea Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/IDEA_02112026141129_SEDisclosureTRAIfinancialdisincentive02112026signed.pdf)

### Bear Case

Vodafone Idea (IDEA) faces significant near-term technical headwinds and elevated volatility. On a monthly basis, the stock is in a bearish trend with an ADX of 36.11, indicating strong downward momentum. The weekly chart also reflects a bearish supertrend direction with negative slope indicators for both the 20-day EMA (-0.47) and SMA (-0.55). Despite a positive 1-year return of +37.6%, the stock has experienced a current drawdown of -18.2% against a maximum historical drawdown of -38.1%. High annualized volatility of +49.4% underscores substantial price instability. While brokerages anticipate healthy Q2 results driven by ARPU growth, expected tariff hikes are delayed until mid-2027, limiting near-term revenue upside catalysts.

- Monthly trend is bearish (ADX 36.11); Weekly trend is bearish with negative EMA/SMA slopes.
- Current drawdown stands at -18.2%, approaching the maximum historical low of -38.1%.
- High annualized volatility (+49.4%) and downside deviation (+27.2%) signal elevated risk.
- Tariff hike expectations are delayed to mid-2027, postponing potential margin expansion.

- [IBLA Exclusive | Kumar Mangalam Birla signals more Aditya Birla Group expansion, backs manufacturing for 2027](https://www.cnbctv18.com/business/companies/kumar-mangalam-birla-aditya-birla-group-expansion-manufacturing-2027-ibla-20027170.htm)
- [Vodafone Idea launches 'Vi Intelligence' AI initiative, joins hands with PwC India to build agentic enterprise solutions](https://timesofindia.indiatimes.com/technology/tech-news/vodafone-idea-launches-vi-intelligence-ai-initiative-joins-hands-with-pwc-india-to-build-agentic-enterprise-solutions/articleshow/135538321.cms)
- [Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds](https://www.thehindubusinessline.com/news/telecom-preview-brokerages-anticipate-healthy-q2-led-by-arpu-and-subscriber-adds/article71657250.ece)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [Vodafone Idea Limited has informed the Exchange about Earnings Call to be held on 13 November 2026 at 2:30 p.m. for the second quarter and half year ended 30 September 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDEA_04112026122034_SEIntimationEarningcallFINALsigned.pdf)
- [Vodafone Idea Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2548_WebXMLFile_20261104_122619258.xml)
- [Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/IDEA_03112026154340_SEPriorIntimationQFY27signed.pdf)
- [Vodafone Idea Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/IDEA_02112026141129_SEDisclosureTRAIfinancialdisincentive02112026signed.pdf)

### FAQs

**When will Vodafone Idea release its financial results for the half-year ended September 2026?**

The Board of Directors is scheduled to meet on 12 November 2026 to consider and approve the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended 30 September 2026. Following this, a conference call with management will be held on 13 November 2026 at 2:30 p.m. IST.

**What strategic initiatives has Vodafone Idea launched recently to support its operations?**

Vodafone Idea has launched 'Vi Intelligence', an AI initiative aimed at transforming operations and assisting enterprises. The company partnered with PwC India to establish the Vi Intelligence Lab in Mumbai, focusing on developing agentic, assistive, and responsible AI solutions through a dedicated Centre of Excellence.

**How is the stock performing technically as of early November 2026?**

As of 6 November 2026, the stock closed at ₹12.76 with a market capitalization of approximately ₹1,39,654 crore. It has gained +37.6% over the past year but faces resistance near ₹12.83 (pivot) and ₹13.03 (high). The daily trend shows a bullish super-trend, while the monthly trend remains bearish.

**What are brokerages forecasting for the telecom sector's upcoming quarters?**

Brokerages anticipate healthy performance driven by ARPU growth and subscriber additions. Analysts forecast sequential ARPU increases of 0.8 to 2 per cent due to network migration and plan upgrades. However, expected tariff hikes have been delayed to mid-2027.

- [IBLA Exclusive | Kumar Mangalam Birla signals more Aditya Birla Group expansion, backs manufacturing for 2027](https://www.cnbctv18.com/business/companies/kumar-mangalam-birla-aditya-birla-group-expansion-manufacturing-2027-ibla-20027170.htm)
- [Vodafone Idea launches 'Vi Intelligence' AI initiative, joins hands with PwC India to build agentic enterprise solutions](https://timesofindia.indiatimes.com/technology/tech-news/vodafone-idea-launches-vi-intelligence-ai-initiative-joins-hands-with-pwc-india-to-build-agentic-enterprise-solutions/articleshow/135538321.cms)
- [Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds](https://www.thehindubusinessline.com/news/telecom-preview-brokerages-anticipate-healthy-q2-led-by-arpu-and-subscriber-adds/article71657250.ece)
- [Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- [Vodafone Idea Limited has informed the Exchange about Earnings Call to be held on 13 November 2026 at 2:30 p.m. for the second quarter and half year ended 30 September 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/IDEA_04112026122034_SEIntimationEarningcallFINALsigned.pdf)
- [Vodafone Idea Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2548_WebXMLFile_20261104_122619258.xml)
- [Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/IDEA_03112026154340_SEPriorIntimationQFY27signed.pdf)
- [Vodafone Idea Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/IDEA_02112026141129_SEDisclosureTRAIfinancialdisincentive02112026signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹12.83
- Risk regime: Price Risk Requires Attention

### Support levels
- 10.25
- 9.18
- 8.715

### Resistance levels
- 13.4
- 14.32
- 14.55

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.01% |
| return_10 | +12.32% |
| return_1m | -3.41% |
| return_1y | +37.65% |
| return_20 | -0.31% |
| return_3m | +1.03% |
| return_5 | +7.86% |
| return_6m | +12.92% |
| return_since_start | +59.30% |
| return_ytd | +10.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -38.13% |
| annualized_volatility | +49.39% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue rises 6% year-on-year; net loss narrows sharply

Vodafone Idea’s revenue rose 6% from a year earlier and 3% from the previous quarter, the largest sequential increase in recent quarters. Both total expenses and finance costs declined compared to the same quarter last year, and the net loss narrowed sharply. An unusually large profit in the preceding quarter makes sequential profit comparisons uninformative, but the year-on-year improvement is clear.

## Revenue growth picks up sequentially

Revenue reached ₹11,689 crore in the June 2026 quarter, up from ₹11,022 crore in the same quarter last year (+6.05%) and from ₹11,332 crore in the March 2026 quarter (+3.15%). The sequential gain of ₹357 crore is larger than the gains seen in each of the previous three quarters (₹172 crore, ₹128 crore, and ₹9 crore), making it the fastest quarterly growth in the series shown.

| Quarter | Revenue (₹ cr) | Sequential change |
|---|---|---|
| Q1 FY2025-26 | 11,022.5 | – |
| Q2 FY2025-26 | 11,194.7 | +172.2 |
| Q3 FY2025-26 | 11,323 | +128.3 |
| Q4 FY2025-26 | 11,332 | +9 |
| Q1 FY2026-27 | 11,689 | +357 |

The revenue base is now 6% larger than it was a year ago.

## Expenses and finance costs decline year-on-year

Total expenses (excluding finance costs) were ₹17,242 crore, down 3% from ₹17,775 crore a year earlier but up 1.7% from ₹16,951 crore in the previous quarter. Finance costs fell 13.1% year-on-year to ₹5,120 crore from ₹5,893 crore, though they rose 2.6% sequentially from ₹4,990 crore.

| Metric | Q1 FY2025-26 | Q1 FY2026-27 | YoY change | Q4 FY2025-26 | Q1 FY2026-27 | QoQ change |
|---|---|---|---|---|---|---|
| Expenses (₹ cr) | 17,775.3 | 17,242 | –3.0% | 16,951 | 17,242 | +1.7% |
| Finance costs (₹ cr) | 5,892.8 | 5,120 | –13.1% | 4,990 | 5,120 | +2.6% |

The combination of lower expenses and lower finance costs compared to the prior year reduced total costs relative to the year-ago period.

## Net loss narrows; year-on-year improvement clear

The company reported a pre-tax loss of ₹3,747 crore, compared with a pre-tax loss of ₹6,611 crore a year earlier—an improvement of ₹2,864 crore (43%). The net loss after negligible tax was ₹3,754 crore, versus ₹6,608 crore a year ago, and basic loss per share narrowed from ₹0.63 to ₹0.35.

The improvement in pre-tax loss was larger than the combined effect of higher revenue, lower expenses, and lower finance costs, indicating that other items also had a net positive impact.

The preceding quarter (Q4 FY2025-26) included an unusually large pre-tax profit of ₹51,976 crore, making sequential profit comparisons uninformative. The relevant measure of underlying progress is the year-on-year comparison, which shows a clear narrowing of the loss.

## Key Takeaway

Revenue rose 6% year-on-year, while total expenses and finance costs were lower than a year ago. As a result, the net loss narrowed sharply. The company remains unprofitable, but the year-on-year comparison shows improvement in both revenue and cost lines.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +25.64%
- FII holding: +6.17%
- DII holding: +6.05%
- Mutual fund holding: +5.64%
- Retail holding: +3.41%
- Promoter pledged: +0.00%

### Major reported shareholders

- Department of Investment and Public Asset Management — +49.00%
- EURO PACIFIC SECURITIES LTD — +5.16% (Bodies Corporate)
- ORIANA INVESTMENTS PTE LTD — +4.05% (Bodies Corporate)
- GRASIM INDUSTRIES LTD — +3.06% (Bodies Corporate)
- PRIME METALS LTD — +2.54% (Bodies Corporate)
- MOBILVEST — +1.55% (Bodies Corporate)
- VODAFONE TELECOMMUNICATIONS (INDIA) LIMITED — +1.50% (Bodies Corporate)
- TRANS CRYSTAL LTD. — +1.35% (Bodies Corporate)
- OMEGA TELECOM HOLDINGS PRIVATE LIMITED — +1.26% (Bodies Corporate)
- KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY MIDCAP 150 MOMENTUM 50 INDEX FUND — +1.04%

## Official filings

- 2026-11-04 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_04112026122034_SEIntimationEarningcallFINALsigned.pdf)
- 2026-11-04 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2548_WebXMLFile_20261104_122619258.xml)
- 2026-11-03 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- 2026-11-03 — Board Meeting Notice: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2548_WebXMLFile_20261103_154825968.xml)
- 2026-11-03 — Board Meeting Notice: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_03112026154340_SEPriorIntimationQFY27signed.pdf)
- 2026-11-02 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_02112026141129_SEDisclosureTRAIfinancialdisincentive02112026signed.pdf)
- 2026-11-02 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2548_WebXMLFile_20261102_141621242.xml)
- 2026-10-22 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_22102026210849_SEIntimationPostalBallotVotingResultsScrutinizersreportsigned.pdf)
- 2026-10-19 — Shareholding Disclosure: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741899_19102026063613_WEB.xml)
- 2026-10-16 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2548_WebXMLFile_20261016_180500877.xml)
- 2026-10-16 — Management Change: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_16102026180102_SE_Intimation_COO_ApptSIGNED.pdf)
- 2026-10-08 — Regulatory Filing: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Disclosure1_10082026124603.zip)
- 2026-10-08 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_08102026174948_SEIntimationCertificateunder74_5__08102026.pdf)
- 2026-09-28 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_28092026161842_SEIntimationClosureofTradingWindow28092026.pdf)
- 2026-09-28 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2548_WebXMLFile_20260928_163641104.xml)
- 2026-09-22 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_22092026163316_SEIntimationNewspaperaPublicationPostalBallotSIGNED.pdf)
- 2026-09-21 — Management Change: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_21092026181857_VILSEIntimationPostalBallotNotice21092026signed.pdf)
- 2026-09-21 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2548_WebXMLFile_20260921_183331261.xml)
- 2026-09-16 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_16092026174944_SEIntimationTRAIfiancialdisincentive16092026signed.pdf)
- 2026-09-16 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2548_WebXMLFile_20260916_175646784.xml)
- 2026-09-15 — Earnings Presentation: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_15092026113631_SEIntimationInvestorPresentation15092026signed.pdf)
- 2026-09-15 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_15092026114509_SEDisclosureTRAIfinancialdisincentive15092026.pdf)
- 2026-09-15 — Management Change: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/IDEA_15092026140606_SEIntimationApptofGopika15092026Signed.pdf)
- 2026-09-15 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2548_WebXMLFile_20260915_141946766.xml)
- 2026-09-15 — Generic Announcement: Vodafone Idea Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2548_WebXMLFile_20260915_142410116.xml)

## News and market events

- 2026-11-07 — The Hindu: **BSNL plans inter-circle roaming pact with Vodafone Idea in 12-13 circles** — State-owned BSNL plans to expand its inter-circle roaming agreement with Vodafone Idea to 12-13 additional circles, a move intended to provide mutual signal access in areas where either network is weak. Concurrently, the government has approved BSNL to install 26,000 new 4G towers to supplement its existing infrastructure, while debt-ridden Vodafone Idea continues efforts to raise capital for its Rs 45,000 crore capital expenditure. — [Source](https://www.thehindubusinessline.com/info-tech/bsnl-plans-roaming-pact-with-vodafone-idea-in-12-13-more-telecom-circles/article71677404.ece)
- 2026-11-04 — CNBC-TV18: **IBLA Exclusive | Kumar Mangalam Birla signals more Aditya Birla Group expansion, backs manufacturing for 2027** — Aditya Birla Group Chairman Kumar Mangalam Birla signaled potential expansion into new sectors by 2027, identifying manufacturing as a key opportunity driven by geopolitical shifts and the group's strong financial position. He expressed optimism regarding India's economic growth of 6-8% and confidence in Vodafone Idea's turnaround, while noting the significance of the group's ongoing $35 billion in projects, including a major investment in the US. — [Source](https://www.cnbctv18.com/business/companies/kumar-mangalam-birla-aditya-birla-group-expansion-manufacturing-2027-ibla-20027170.htm)
- 2026-11-04 — Times of India: **Vodafone Idea launches 'Vi Intelligence' AI initiative, joins hands with PwC India to build agentic enterprise solutions** — Vodafone Idea has launched 'Vi Intelligence', a strategic AI initiative aimed at driving transformation across its operations and assisting enterprises in adopting next-generation technologies. The company has partnered with PwC India to establish the Vi Intelligence Lab, which will focus on developing agentic, assistive, and responsible AI solutions through a dedicated Centre of Excellence in Mumbai. This collaboration seeks to accelerate enterprise AI adoption by combining Vi's digital infrastructure with PwC's expertise to solve real-world business challenges. — [Source](https://timesofindia.indiatimes.com/technology/tech-news/vodafone-idea-launches-vi-intelligence-ai-initiative-joins-hands-with-pwc-india-to-build-agentic-enterprise-solutions/articleshow/135538321.cms)
- 2026-11-02 — The Hindu: **Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds** — Brokerages anticipate a healthy Q2 for India’s telecom sector, driven by ARPU growth and subscriber additions from Bharti Airtel and Vodafone Idea. While analysts forecast sequential ARPU increases of 0.8 to 2 per cent due to network migration and plan upgrades, they have delayed expected tariff hikes to mid-2027. — [Source](https://www.thehindubusinessline.com/news/telecom-preview-brokerages-anticipate-healthy-q2-led-by-arpu-and-subscriber-adds/article71657250.ece)
- 2026-11-02 — The Hindu: **Stocks to watch, Nov 2: Vodafone, NCC, Waaree Renewable, Affle, CDSL and more** — The Competition Commission of India cleared Xavier Niel’s Vega SAS to acquire a 16.2% stake in Vodafone Group Plc, while SEBI penalized CDSL and barred EKI Energy Services executives for regulatory violations. Several companies including NCC Ltd, Waaree Renewable Technologies Ltd, and Granules India Ltd reported operational developments such as order wins and regulatory inspections. — [Source](https://www.thehindubusinessline.com/markets/stocks-to-watch-today-vodafone-ncc-waaree-renewable-affle-cdsl-and-more/article71655128.ece)
- 2026-10-29 — MONEYCONTROL: **Jio adds 1.9 million mobile subscribers, leads India’s 2.2 million net additions in September** — Reliance Jio added 1.9 million mobile subscribers in September, leading the industry's total net additions of 2.2 million, according to TRAI data analyzed by brokerages DAM Capital and IIFL Capital. Bharti Airtel's net additions slowed to 200,000, while Vodafone Idea lost 300,000 users during the same period. — [Source](https://www.moneycontrol.com/news/telecom/jio-adds-1-9-million-mobile-subscribers-leads-india-s-2-2-million-net-additions-in-september-14063584.html)
- 2026-10-29 — Mint: **Reliance Jio Platforms shares vs Bharti Airtel vs Vodafone Idea: Top telecom stock to buy? What experts suggest** — Market experts have outlined distinct investment profiles for India's top telecom stocks following Jio Platforms' market debut, with Ratiraj Tibrewal of Choice Capital Advisor and Seema Srivastava of SMC Global Securities highlighting Jio's scale, Airtel's stability, and Vodafone Idea's speculative turnaround potential. — [Source](https://www.livemint.com/market/stock-market-news/reliance-jio-platforms-shares-vs-bharti-airtel-vs-vodafone-idea-top-telecom-stock-to-buy-what-experts-suggest-11793262195751.html)
- 2026-10-27 — Economic Times: **Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat** — Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case. Network expansion, improving subscriber trends and tariff hikes could support strong revenue and EBITDA growth. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jefferies-says-vodafone-idea-shares-can-soar-143-in-bull-case-scenario-3-reasons-why-brokerage-is-upbeat/articleshow/135227097.cms)
- 2026-10-27 — CNBC-TV18: **Vodafone Idea share price can rise 143% from current levels? Jefferies explains a scenario analysis** — The ongoing network rollouts, along with tariff hikes, should position Vodafone Idea to see a Compounded Annual Growth Rate (CAGR) of 11% for its revenue and 25% for its EBITDA over financial year 2026-2029, according to the Jefferies note. — [Source](https://www.cnbctv18.com/market/vodafone-idea-share-price-jefferies-fair-value-range-9-to-29-bull-case-143-percent-upside-20020010.htm)
- 2026-10-27 — Mint: **Paytm, Vodafone Idea, ITC Hotels, Sona BLW to Tata Consumer shares: Jefferies sees up to 34% upside | Target, rationale** — Jefferies India stock recommendations: The global investment bank has given its views on above-mentioned 5 shares after analysing their fundamentals — [Source](https://www.livemint.com/market/stock-market-news/paytm-vodafone-idea-itc-hotels-sona-blw-to-tata-consumer-shares-jefferies-sees-up-to-34-upside-target-rationale-11793071569997.html)
- 2026-10-27 — BUSINESSTODAY: **Vodafone Idea shares: 143% upside? Jefferies says 'Buy' as risk-reward turns positive** — Jefferies has recommended 'Buy' on Vodafone Idea Ltd (VIL), saying the risk-reward has turned positive after a 23 per cent correction. — [Source](https://www.businesstoday.in/markets/stocks/story/vodafone-idea-shares-143-upside-jefferies-says-buy-as-risk-reward-turns-positive-563825-2026-10-27)
- 2026-10-23 — Mint: **Top telecom shares to buy: Bharti Airtel, Vodafone Idea, Indus Towers by Ambit Capital with new stock target price** — Ambit Capital expects telecom stocks to benefit from tariff hikes, rising data use and digital infrastructure growth. It named Bharti Airtel its top pick and maintained BUY ratings on Airtel, Indus Towers, Vodafone Idea and Bharti Hexacom, while flagging execution and regulatory risks. — [Source](https://www.livemint.com/market/stock-market-news/top-telecom-shares-to-buy-bharti-airtel-vodafone-idea-indus-towers-by-ambit-capital-with-new-stock-target-price-11792743892509.html)
- 2026-10-22 — BUSINESSTODAY: **Airtel, Vodafone Idea, Indus Towers: Check fresh targets for Telecom stocks amid Jio Platforms IPO** — Ambit said India’s telecom sector remains resilient, retaining its expectation of a 15 per cent tariff increase in December 2026, followed by a 12 per cent rise every two years over the next decade. — [Source](https://www.businesstoday.in/markets/stocks/story/airtel-vodafone-idea-indus-towers-check-fresh-targets-for-telecom-stocks-amid-jio-platforms-ipo-563087-2026-10-22)
- 2026-10-22 — Mint: **Vodafone Idea shares: Up 20% in 6 months! Will Q2 results 2026 fuel this rally? Experts' views, target price, stop-loss** — Vodafone Idea's share price has surged from around ₹9.55 to ₹11.60 per share on the NSE, delivering more than 20% returns to its shareholders — [Source](https://www.livemint.com/market/stock-market-news/vodafone-idea-shares-up-20-in-6-months-will-q2-results-2026-fuel-this-rally-experts-views-target-price-stoploss-11792642677847.html)
- 2026-10-21 — BUSINESSTODAY: **Jio Platforms IPO effect: Bharti Airtel, Vodafone Idea shares trade on a mixed note; RIL stock gains** — Jio Platforms IPO effect, Bharti Airtel, Bharti Airtel stock, Vodafone Idea stock, Vodafone Idea — [Source](https://www.businesstoday.in/markets/stocks/story/jio-platforms-ipo-effect-bharti-airtel-vodafone-idea-shares-trade-on-a-mixed-note-ril-stock-gains-562755-2026-10-21)
- 2026-10-21 — The Hindu: **Vodafone Idea to announce voice-only plans by October-end** — Experts have stressed that the mandate is likely to benefit 2G users and feature phone users in India, in turn impacting ARPUs and revenues of companies like Vi and BSNL with a larger subscribership in this cohort — [Source](https://www.thehindubusinessline.com/info-tech/vodafone-idea-to-announce-voice-only-plans-by-october-end/article71606404.ece)
- 2026-10-21 — BUSINESSTODAY: **YES Bank, Vodafone Idea, HFCL: Top stocks to trade — Check key levels, resistances & support** — Stocks to buy, Stock picks, Stocks to trade, trading views, Vodafone Idea, YES Bank, HFCL, Vodafone Idea shares, Idea shares, YES Bank shares, HFCL shares, Vodafone Idea share price, Idea share price, YES Bank share price, HFCL share price, Vodafone Idea stock price, Idea stock price, YES Bank stock price, HFCL stock price, Vodafone Idea target price, Idea target price, YES Bank target price, HFCL target price — [Source](https://www.businesstoday.in/markets/trending-stocks/story/yes-bank-vodafone-idea-hfcl-top-stocks-to-trade-check-key-levels-resistances-support-562664-2026-10-21)
- 2026-10-16 — MONEYCONTROL: **Vodafone Idea appoints former Ola Electric business chief Manoj Murali as COO** — Vodafone Idea, Vodafone Idea COO, Manoj Murali, Manoj Murali Vodafone Idea, Vodafone Idea new COO, Vodafone Idea leadership change, Ola Electric Manoj Murali, Vodafone Idea latest news, Vodafone Idea share price, Abhijit Kishore Vodafone Idea — [Source](https://www.moneycontrol.com/news/business/vodafone-idea-appoints-former-ola-electric-business-chief-manoj-murali-as-coo-14054134.html)
- 2026-10-16 — Economic Times: **Vodafone Idea appoints ex-Ola Electric executive Manoj Murali as COO** — Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Manoj Murali brings over 25 years of experience in the telecom sector, having worked with companies like Reliance Jio and Bharti Airtel. He was most recently the Chief Business Officer at Ola Electric and has diverse operational expertise. — [Source](https://economictimes.indiatimes.com/industry/telecom/telecom-news/vodafone-idea-appoints-ex-ola-electric-executive-manoj-murali-as-coo/articleshow/134997333.cms)
- 2026-10-16 — The Hindu: **Vodafone Idea appoints former Ola Electric executive Manoj Murali as COO** — Vodafone Idea appoints Manoj Murali, ex-Ola Electric executive, as COO, highlighting a 25-year telecom leadership across operations and growth. — [Source](https://www.thehindubusinessline.com/info-tech/vodafone-idea-appoints-former-ola-electric-executive-manoj-murali-as-coo/article71592745.ece)
- 2026-10-15 — FREEPRESSJOURNAL.IN: **Bombay HC Directs Income Tax Department To Expedite 27 Vodafone Idea Tax Cases, Extends Protection On ₹699.54-Crore Refund** — The Bombay High Court has directed the Income Tax Department to expedite 27 pending tax matters involving Vodafone Idea and its group entities. It ordered timelines for processing the cases and extended protection against recovery of a disputed Rs 699.54 crore refund. The next hearing is scheduled for November 2, 2026. — [Source](https://www.freepressjournal.in/mumbai/bombay-hc-directs-income-tax-department-to-expedite-27-vodafone-idea-tax-cases-extends-protection-on-69954-crore-refund)
- 2026-10-07 — BUSINESSTODAY: **Jio IPO listing: Likely impact on Bharti Airtel, RIL shares; MOFSL sees re-rating ahead** — Jio IPO, Jio Platforms IPO, Jio IPO news, Jio IPO impact on Bharti Airtel shares, Jio IPO impact on RIL shares, RIL share price, Bharti Airtel share price — [Source](https://www.businesstoday.in/markets/stocks/story/jio-ipo-listing-likely-impact-on-bharti-airtel-ril-shares-mofsl-sees-re-rating-ahead-560003-2026-10-07)
- 2026-10-05 — BUSINESSTODAY: **Vodafone Idea, Bharti Airtel: Q2 results preview, share price targets** — Vodafone Idea, Bharti Airtel, Q2 results preview, VIL share price, Bharti Airtel share price, VIL share price, Vodafone Idea target price 2026m Bharti Airtel target price 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/vodafone-idea-bharti-airtel-q2-results-preview-share-price-targets-559604-2026-10-05)
- 2026-10-05 — NEWS.WEBINDIA123.COM: **India telecom sector may see 12-15% tariff hike in next 4-5 months: Report** — India's telecom industry could see another 12-15 per cent tariff hike over the next four to five months as the pricing environment has become more favourable following market consolidation, according to a Centrum Institutional Research report. — [Source](https://news.webindia123.com/news/Articles/Business/20261005/4507242.html)
- 2026-09-30 — MONEYCONTROL: **BSE shares fall 2.5% on profit booking after Nifty inclusion; Ujjivan SFB, Siemens India rise up to 2.5% on F&O entry** — BSE share price, Wipro, F&O, option trading — [Source](https://www.moneycontrol.com/news/business/markets/bse-shares-fall-2-5-on-profit-booking-after-nifty-inclusion-ujjivan-sfb-siemens-india-rise-up-to-2-5-on-f-o-entry-14041872.html)

## Business profile

**Strategic vision:** Telecommunications company providing voice and data services.

### Business segments
- **Mobile Telephony Services:** Vi generates revenue primarily by offering mobile telephony services, including prepaid and postpaid plans, to its customer base.
- **Value-Added Services:** The company also monetizes through international roaming, 5G connectivity, and a variety of value-added services encompassing entertainment and communication options.
- **Enterprise Solutions:** Vi provides tailored digital solutions and services for businesses.

### Competitive strengths
- Extensive mobile network infrastructure

## Related stocks

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- [Indus Towers Limited (Telecom)](https://faxioms.com/stocks/industower) — -0.03%
- [Bharti Airtel Limited (Telecom)](https://faxioms.com/stocks/bhartiartl) — +2.45%
- [HFCL Limited (Telecom)](https://faxioms.com/stocks/hfcl) — -6.62%
- [ITI Limited (Telecom)](https://faxioms.com/stocks/iti) — -0.66%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/idea
Markdown representation: https://faxioms.com/stocks/idea?render=md