Vodafone Idea shares gain nearly 2%

Shares of Vodafone Thought Ltd. traded 1.97 per cent up in Monday’s commerce at 10:02AM (IST). Round 15,514,356 shares modified palms on the counter.

The inventory opened at Rs 9.2 and touched an intraday excessive and low of Rs 9.46 and Rs 9.07, respectively, within the session thus far. Shares of the corporate of Vodafone Thought Ltd. quoted a 52-week excessive of Rs 13.15 and a 52-week low of Rs 2.61.

Whole market cap of the Vodafone Thought Ltd. stood at Rs 26666.44 crore on the time of scripting this report.

Key Financials

The corporate reported consolidated gross sales of Rs 11089.Four crore for the quarter ended 31-Dec-2019, up 2.26 per cent from earlier quarter’s Rs 10844.Zero crore and up 5.63 per cent from the year-ago quarter’s Rs 11751.6 crore.

The web loss for up to date quarter stood at Rs 6438.Eight crore, up 28.66 per cent from the identical quarter a yr in the past.

Shareholding sample

As of 31-Mar-2020, DIIs held 4.52 per cent stake within the agency, whereas international institutional traders held 8.82 per cent and the promoters 18.48 per cent.

Valuation ratio

In response to BSE knowledge, the inventory traded at a price-to-earnings a number of of -0.Four and a price-to-book ratio of 0.14. A better P/E ratio exhibits traders are keen to pay a better value due to higher future progress expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the worth that traders are able to pay even for no progress within the enterprise.

-Viral Ultimate