VODAFONE IDEA Surges by 17%; BSE 500 Index Up 0.4%
November 20, 2019 09:24 AM

VODAFONE IDEA share price has zoomed 17% and is presently trading at Rs 7.

Meanwhile, the BSE 500 Index is at 15,479 (up 0.4%).

Among the top Gainers in the BSE 500 Index today are VODAFONE IDEA (up 17.1%) and NAVNEET EDUCATION (up 11.1%).

ECLERX SERVICES and CHAMBAL FERTILISERS are among the top losers today.

Over the last one year, VODAFONE IDEA has moved down from Rs 26 to Rs 7, registering a loss of Rs 19 (down 72.6%).

On the other hand, the BSE 500 has moved up from 14,346 to 15,479, registering a gain of 1,133 points (up 7.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 135.6%), RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD (up 119.2%) and MANAPPURAM FINANCE (up 99.2%).

What About the Benchmark Indices?

The BSE Sensex is at 40,736 (up 0.4%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.7%), BHARTI AIRTEL (up 2.4%) and INDUSIND BANK (up 1.8%). Other gainers include ICICI BANK (up 0.8%) and TCS (up 0.5%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and RELIANCE IND..

In the meantime, NSE Nifty is at 12,007 (up 0.4%). RELIANCE IND. (up 3.7%) and BHARTI AIRTEL (up 2.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,775 to 40,736, registering a gain of 4,961 points (up 13.6%).

VODAFONE IDEA Financial Update...

VODAFONE IDEA net profit down at Rs 49 billion for the quarter ended June 2019, compared to a loss of Rs 50 billion a year ago. Net Sales declined 4.2% to Rs 112.7 billion during the period as against Rs 117.6 billion in April-June 2018.

For the year ended March 2019, VODAFONE IDEA reported 248.6% increase in net profit to Rs 156.5 billion compared to net profit of Rs 44.9 billion during FY18.

Revenue of the company grew 31.0% to Rs 370 billion during FY19.

The current Price to earnings ratio of VODAFONE IDEA, based on rolling 12 month earnings, stands at down 0.6x.