Shares of Vodafone Idea closed at ₹15.19 on Tuesday, up ₹1.12 or 7.96 per cent
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Shares of Vodafone Idea closed at ₹15.19 on Tuesday, up ₹1.12 or 7.96 per cent, after touching an intraday high of ₹15.31, just 0.2 per cent shy of its 52-week high of ₹15.34 hit in June. Over 153 crore shares changed hands, with traded value crossing ₹2,286 crore, as volumes ran well above the stock’s recent average. Total market capitalisation stood at approximately ₹1.65 lakh crore at close.The rally was fuelled by reports that State Bank of India has agreed to sanction its portion of a proposed loan after promoter companies agreed to provide guarantees. The telco is seeking around ₹35,000 crore in debt financing, comprising a ₹25,000 crore term loan and a ₹10,000 crore line of credit, as part of a broader ₹45,000 crore, three-year capital expenditure plan. However, SBI is not expected to disburse funds until Vodafone Idea secures the remaining portion from private-sector and foreign lenders.Expectations of an industry-wide tariff hike also supported sentiment. Bharti Airtel recently restructured several prepaid plans, nudging subscribers toward higher-priced offerings. Analysts see this as a precursor to a broader tariff increase expected around December 2026, which would benefit all three major operators, and potentially Vodafone Idea most, given its need to improve cash flows while scaling up network investment to compete with Airtel and Reliance Jio.The company reported its first quarter of net subscriber additions since its merger, with its base rising to 193.1 million as of June 30. Average revenue per user climbed to ₹195 from ₹177 a quarter earlier. The stock has now gained nearly 31 per cent year-to-date and over 105 per cent in the past 12 months, sharply outperforming broader indices.Published on August 25, 2026
