|Bid||11.27 x 0|
|Ask||0.00 x 0|
|Day's range||11.06 - 11.65|
|52-week range||2.61 - 13.45|
|Beta (5Y monthly)||1.02|
|PE ratio (TTM)||N/A|
|Earnings date||29-Jul-2019 - 02-Aug-2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Debt-ridden Vodafone Idea Ltd <VODA.NS> said on Monday it is rebranding itself, as the company, which has been losing customers, looks to change its image three years after announcing the merger of two of India's biggest telecom service providers. The loss-making telecom carrier on Friday approved fundraising of up to 250 billion rupees at a time it owes roughly 500 billion rupees ($6.81 billion) in dues to the government. Vodafone Idea, a joint venture between Britain's Vodafone Group <VOD.L> and India's Idea Cellular, said it will go by the brand name "Vi".
Indian shares ended slightly higher on Monday as investors looked past surging coronavirus infections at home and took cues from global shares, which edged up following a Wall Street-led rout in technology stocks last week. The blue-chip NSE Nifty 50 index closed up 0.19% at 11,355.05, while the benchmark S&P BSE Sensex ended 0.16% higher at 38,417.23. "A small bounce back was due and so long as the liquidity situation remains okay, we won't see too much downside," said Samrat Dasgupta, chief executive officer at Esquire Capital Investment Advisors.
Vodafone Idea Ltd said on Friday it would raise up to 250 billion Indian rupees ($3.41 billion) in fresh capital as the Indian telecom operator tries to pay off the hefty dues it owes to the government. The loss-making carrier has been ordered by the country's top court to pay roughly 500 billion Indian rupees ($6.81 billion) in dues to the government over a ten-year period and it has so far paid 78.54 billion rupees. Vodafone said it would raise up to 150 billion rupees through debentures and an equal amount by issuing shares and warrants, but together will not exceed 250 billion rupees.