Live
- Indian students' concerns about employment, safety, and visas discourage them from applying to UK universities
- Candlelight Concerts Makes a Dazzling Debut in Hyderabad with Sold-Out 'Tribute to Coldplay' Show
- Shubman Gill Sustains Thumb Injury Ahead of Perth Test; Devdutt Padikkal Joins Test Squad
- Unlock Loot Boxes, Diamonds, Skins, and More Exciting Rewards with Garena Free Fire Max Redeem Codes for November 16
- Regarding the DOGE Plan, Vivek Ramaswamy stated, "Elon Musk and I Will Take a Chainsaw to Bureaucracy"
- Sudanese army says repulsed paramilitary forces attack in western Sudan, killing over 80
- Jaipur Open 2024: Baisoya makes a grand comeback to clinch title in marathon playoff against Rashid Khan
- Jamaat-e-Islami Hind President asks cadre to reach out to larger society beyond community
- Why PM mum on Caste Census, removing 50 pc quota limit: Rahul Gandhi
- Barrackpore Municipality Vice-Chairman found dead at home, suicide note suggests blackmail
Vodafone shares fall 3% post Q4 results
Shares of Vodafone Idea on Tuesday fell by over 3 per cent as the company's March 2019 quarter results failed to cheer investors.
New Delhi: Shares of Vodafone Idea on Tuesday fell by over 3 per cent as the company's March 2019 quarter results failed to cheer investors.
The scrip declined 3.11 per cent to close at Rs 14 on the BSE. During the day, it dropped 9.68 per cent to Rs 13.05 -- its 52-week low. At the NSE, shares went lower by 3.11 per cent to close at Rs 14.
In terms of traded volume, 126.96 lakh shares were traded on the BSE and over 24 crore shares on the NSE during the day. The results were announced after market hours on Monday.
Vodafone Idea on Monday said its consolidated loss has narrowed sequentially to Rs 4,881.9 crore in March 2019 quarter, as strategic initiatives to improve revenue and average realisation from subscribers helped financials.
The loss has narrowed from Rs 5,004.6 crore during the third quarter of 2018-19, aided by 3.4 per cent drop in total expenses.
The books of Vodafone Idea recorded a comprehensive loss of Rs 962.2 crore in the corresponding quarter a year ago, but the year-on-year figure is not comparable as the merger between India unit of Vodafone Group and Idea Cellular was completed on August 31, 2018.
