Idea Cellular Limited (IDEA.BO)
| Previous close | 13.09 |
| Open | 12.00 |
| Bid | 13.76 x 0 |
| Ask | 13.79 x 0 |
| Day's range | 12.00 - 13.98 |
| 52-week range | 6.54 - 18.42 |
| Volume | |
| Avg. volume | 89,259,925 |
| Market cap | 923.456B |
| Beta (5Y monthly) | 0.63 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -6.20 |
| Earnings date | 23 May 2024 - 27 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 22 Sept 2016 |
| 1y target est | 50.63 |
BloombergGQG Said to Invest Around $400 Million in Vodafone Idea
(Bloomberg) -- Rajiv Jain’s GQG Partners LLC is looking to invest around $400 million in Vodafone Idea Ltd.’s share sale that starts later this week, according to people familiar, in a vote of confidence in the unprofitable Indian wireless operator.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Powell Signals Rate-Cut Delay After Run of I
ReutersGQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say
MUMBAI (Reuters) -Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans to invest about $500 million, while SBI Mutual Fund is considering an investment of $200 million to $300 million in the follow-on public offering, said both people, who declined to be named as the plans are confidential. GQG and SBI declined to comment while Vodafone Idea did not respond to queries seeking comment.
ReutersVodafone Idea to launch $2.16 billion share sale in India's biggest follow-on stock offering
BENGALURU (Reuters) -Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this month through a sale of new shares, in what will be the country's biggest follow-on public offering (FPO). The public offering, which will take place at a floor price of 10 rupees per share, will open for bids from April 18 to April 22, said Vodafone Idea, the country's third-largest telecom carrier by number of subscribers. Shares of Vodafone Idea were down 2.3% at 12.65 rupees in early trade.
