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Shares of Vodafone Idea jumped by 3% on Thursday after the stock snapped a three day losing streak after giving multi bagger returns to investors. The debt laden stock has declined 6 per cent in the last three trading sessions. The stock shed 15.1 per cent from its December high of ₹12.80. Technical analysts highlight that the stock seems to be in consolidate mode and has been facing consistently resistance in the ₹12 - ₹13 zone. Currently the stock is trading at ₹ 10.99. Technically, the Voda Idea stock remains range-bound between ₹10 - ₹13; a decisive breakout above ₹13.20 is essential to signal a meaningful trend reversal, says experts.Yesterday, the stock slipped into red as investor concerns persisted over the company’s competitive position and funding visibility, even as global brokerage CLSA maintained an accumulate rating on the stock with a target price of Rs 11, against a current market price of around Rs 10.In a broader sector note, CLSA said India’s mobile telecom industry recorded a 3 per cent quarter-on-quarter rise in revenue to nearly Rs 3 lakh crore, supported by steady tariff realisations and rising data consumption.The brokerage highlighted the continued dominance of the top two private players. Reliance Jio gained 47 basis points of market share quarter-on-quarter to 42.5 per cent, while Bharti Airtel saw a marginal 3 basis points decline to 39.5 per cent.Together, Reliance Jio and Bharti Airtel account for nearly 82 per cent of the sector’s total revenue, reinforcing the widening gap with Vodafone Idea. Shares of Vodafone Idea also came under pressure after analysts flagged concerns over the company’s planned Rs 45,000-crore capital expenditure over the next three to four years. According to HSBC Global Investment Research, the proposed investment is significantly lower than the expected Rs 1.2–1.4 trillion spending by rivals Reliance Jio and Bharti Airtel over a similar period.HSBC said the funding gap could limit Vodafone Idea’s ability to expand coverage, accelerate its 5G rollout and regain lost market share.

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Shares of Vodafone Idea Ltd gained 4.25% on Friday, trading at ₹9.32, after the Centre clarified that it has ... ...

Shares of Vodafone Idea climbed up to 2 percent in early trading on Monday before trimming some gains, following ... ...

Shares of Vodafone Idea (Vi) are expected to remain in focus in the upcoming trading session after a report ... ...

Shares of Vodafone Idea were trading 1% higher on Friday, reflecting positive investor sentiment after reports that a government-appointed ... ...

Shares of Vodafone Idea rose in Thursday’s trading session after the telecom operator projected a sharp reduction in its ... ...

Shares of Vodafone Idea Ltd slipped back into the single-digit zone on Wednesday, trading at ₹9.97 on the National ... ...

Shares of Vodafone Idea Ltd (NSE: IDEA) declined by 2% after the telecom operator was hit with a financial ... ...

Shares of Vodafone Idea jumped by 3% on Thursday after the stock snapped a three day losing streak after ... ...