Vodafone Idea Limited Shares Declined Almost 7%

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Vodafone Idea Limited Shares Declined Almost 7% On 23rd September 2020

To begin with, Vodafone Idea Limited shares trade with a 6.83% loss in today’s Intraday trade. Also, until now, the company exchanged 3,69,50,536 shares on the counter.

Moreover, the company shares started at Rs. 10.20 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 10.20 per equity share. Similarly, the intraday low value of Rs. 9.47 per equity share. 

According to the source, the company shares reached its 52-highest value of Rs. 13.45. Also, it reached the 52-week lowest value of Rs. 2.61. As per records, the market capitalization of the company stood at Rs. 27,499.70 Cr.

On 30th June 2020, Ashok Leyland Ltd. announced its consolidated sales worth Rs. 10,655.70 Cr. Comparatively, the company sales declined by 9.20% from its last quarter sales of Rs. 11,735.60 Cr. Also, its sales declined by Rs. 11,264.70 Cr. in the previous year same quarter.

Furthermore, the net loss of Rs. 25,460.00 Cr raised by 422.37% in the present quarter. By the ending in June 2020, the company promoters held 18.48% of its stake, FIIs held a 7.19% stake and DIIs held a 2.75% stake.

Presently, the bank shares quoted with a price-to-earnings ratio in multiples of 75.04. Similarly, the company’s price-to-book value ratio of 1.24.

Stock Market Update:

Stock Market September 23rd: On Wednesday, both Sensex and Nifty seem to trade in a bearish trend in the stock market. The Sensex stood traded loss with 37,668.42 levels and Nifty stood traded loss with 11,131.85 levels. The Sensex declined 65.66 points with a 0.17% loss. Besides, Nifty has declined 21.80 points with a 0.20% loss.

On the other hand, the number of confirmed or coronavirus cases in India reached 56,45,010 as of September 23rd, and deaths reached 90,021.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 46.49 points with a 0.33% gain and reached a 14,237.92 level. The S&P BSE Smallcap index declined 9.73 points with a 0.067% loss and reached a 14,499.53 level. However, the Nifty Bank raised 39.40 points with a 0.19 % gain and reached a 21,178.50 level.