Home Uncategorized Vodafone Concept bounces again; shares shut 7% larger after preliminary loss -...

Vodafone Concept bounces again; shares shut 7% larger after preliminary loss – enterprise information


Shares of Vodafone Concept bounced again from early lows to shut 7 per cent larger on Friday.

On the BSE, the inventory had plunged 7.39 per cent to Rs 7.64 in early commerce. Later, it erased the losses because the commerce progressed. It lastly closed at Rs 8.83, a acquire of seven.03 per cent.

On the NSE, it settled the day 6.66 per cent larger at Rs 8.80. In the course of the morning commerce, it had cracked 7.87 per cent to Rs 7.60.

Worth-buying at decrease ranges might have led to restoration within the inventory.

By way of quantity, 1,121.88 lakh shares had been traded on BSE and over 68 crore on NSE.   Vodafone Concept, after market hours on Thursday, reported widening of web loss to Rs 25,460 crore within the June quarter after it made extra provisioning to pay previous statutory dues, and stated its means to proceed as going concern hinges on the Supreme Courtroom permitting extra time to pay dues.

The nation’s third-largest telecom operator had a web lack of Rs 4,874 crore in April-June 2019 and Rs 11,643.5 crore within the previous March quarter.

It had reported a web lack of Rs 73,878 crore in full 2019-20 fiscal.

VIL’s income from operations got here in at Rs 10,659.three crore for the primary quarter of FY2021, sliding 5.Four per cent from the year-ago interval.

The corporate’s Q1 common income per person (ARPU) – a key metrics for telcos – took successful and fell to Rs 114 from Rs 121 within the earlier sequential quarter, the declines presenting a stark distinction to Reliance Jio and Airtel, each of which recorded ARPU positive aspects throughout the quarter.

Stay tune

110FansLike
400FollowersFollow

Most Popular

“The poor in India are hungry because…,” Rahul Gandhi targeted the...

India ranks 94th in global malnutrition index A report on this was published recently. India was ranked 102nd out of 117 countries...

Live broadcast of Ramlila from Ayodhya on DD National from today

Ramlila's program will be telecast live on DD National. It will be telecast live from October 17 to 25 from 7 pm,...

The father killed his daughter out of interracial love affair

Murdered and buried her body in a Farm. A young woman was murdered by her father and two...

In India, a plan to vaccinate 300 million people in the...

Vaccine production against the corona virus is at a critical stage. Who should be India's first priority in vaccination? They have begun...

Mithun Chakraborty’s son charged with rape; He also lodged a complaint...

Gemini's wife threatens victim? A complaint has been lodged at the Oshiwara police station against actor Mithun Chakraborty's...

Grab This Awesome Deals . Why This BoAt Rockerz 255 Sports...

Every one is now music addicted And get very cautious about their electronic gadgets . But peoples are very confused for those...

Transport Minister Anil Parab corona positive, admitted to Lilavati Hospital

Transport Minister Anil Parab has been hit by the corona. He has been admitted to Lilavati Hospital and is undergoing treatment. Till...

Bold and hot Mallika’s ‘fitness’ Inspiring Story From Instagram

Hot and bold actress Mallika Sherawat Fitness Photos Hot and bold actress Mallika Sherawat has posted a photo of...