Shares of telecom company Vodafone Idea have risen more than 40% in the last three months. The stock is trading 64% above its August 2025 52-week low of 6.12. Vodafone Idea's share price has risen 26% in the year 2025, while it has gained 34% in a year.
The government is the largest shareholder in 'Vodafone Idea Limited'. The move by the government is aimed at providing financial relief to the debt-ridden telecom operator by converting a large portion of the company's dues into equity.
Additionally, the biggest trigger driver is the growing expectation of a possible resolution of AGR dues, which is critical to Vodafone Idea's long-term financial stability. The Supreme Court's order allows the government to reconsider and merge Vodafone Idea's outstanding Adjusted Gross Revenue (AGR) dues.
Despite a decline in subscribers, Vodafone Idea posted a narrower loss in the second quarter of the financial year 2025-26 (FY26). Net loss narrowed to ₹ 5,524 crore in the July-September period from ₹ 7,175.9 crore in the same period last year.
Anshul Jain, head of research at Lakshmi Shri, presented his perspective on the stock. he said, "Voda-Idea has made a rounding bottom around 40 weeks, with pivot resistance at ₹10.5. A weekly close above this level would confirm a breakout and open the way towards the next resistance zone at ₹12.5. However, the chart shows significant overhead supply, built up over years of declines and failed rallies."
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