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Vodafone said to weigh move to transfer part of India unit stake
Vodafone Group Plc is planning a capital boost for its Indian venture, Vodafone Idea Ltd. The UK telecom giant may transfer some of its shares to the Indian company. This move aims to strengthen Vodafone Idea's financial standing and aid its debt-raising efforts. The company is seeking significant loans to clear government dues and fund future growth.
Telecom equipment stock surges 111% in 5 weeks; zooms 511% in 1 year
Sterlite Technologies share price was locked in the 5-per cent upper circuit for a fourth straight trading day
HFCL shares surge 37% in 5 sessions, nearly double in a month
HFCL shares extended their sharp rally for a fifth straight session after strong Q4FY26 earnings and fresh telecom orders boosted investor sentiment. The stock has nearly doubled in a month amid improving profitability, strong revenue growth and momentum buying, though technical indicators suggest the counter may be entering overbought territory.
Vodafone Idea gains as Kumar Mangalam Birla returns as chairman
Vodafone Idea rose 2.78% to Rs 11.10 after the telecom operator appointed Kumar Mangalam Birla as the non-executive chairman of its board, marking his return to the role after nearly five years.
Kumar Mangalam Birla appointed Vodafone Idea's Non-Executive Chairman; Ravinder Takkar steps down
Vodafone Idea Limited announced significant leadership changes. Kumar Mangalam Birla will take over as Non-Executive Chairman on May 5, 2026. Ravinder Takkar will transition from Non-Executive Chairman to Non-Executive Vice Chairman on the same date. Both leaders continue in their directorial roles. This strategic move signals a new chapter for the telecom company.
HFCL shares rise 4% after securing Rs 84 crore optical fiber cable orders
HFCL shares rose after it, along with subsidiary HTL Limited, secured new orders worth Rs 84.23 crore from a domestic telecom provider. The deal involves supplying customized optical fiber cables, with execution expected by August 2026, strengthening the company’s position in telecom infrastructure.
Vodafone Idea Share Price Surges 7% As Brokerages Turn Bullish On AGR Relief: Should You Buy?
Shares of Vodafone Idea surged more than 7% intraday on Monday, May 4, as brokerages turned bullish on the telecom stock after the debt-ridden company received clarity on its long-standing adjusted gross revenue (AGR) dues last week.
Vodafone Idea share price jumps 10% after AGR relief; Should you buy the telecom stock?
Vodafone Idea share price has gained 26% in one month, but the stock has fallen 5% in three months. The telecom stock has gained 15% in six months and has rallied over 53% in one year.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential of up to 35%, supported by improving fundamentals, earnings visibility and valuation comfort, making them attractive picks for investors navigating volatile market conditions.
In big relief to Vodafone Idea, govt pares its AGR liabilities by 27%
The Department of Telecommunications (DoT) has reduced Vodafone Idea’s adjusted gross revenue (AGR) liabilities by about 27%, providing significant financial relief to the telecom operator.
₹23,000 crore relief for Vodafone Idea: Govt cuts AGR dues, payment pushed years ahead
Vodafone Idea gets major relief as AGR dues are reduced and repayments delayed, easing near-term pressure but keeping long-term liabilities intact for the telecom operator.
HFCL shares jump 11% as Q4 profit rebounds; sees EBITDA margin at 21% by FY29
The telecom equipment maker swung to a net profit of ₹178.5 crore in the fourth quarter, compared with a loss of ₹81.4 crore in the same period last year.