WHY VODAFONE & IDEA SHARES BEATEN DOWN IN TODAY’S TRADE : EXPLAINED IN DETAIL ?

Share Price  of Vodafone Idea exchanged 16.25 % down in Tuesday’s exchange. Around 51,919,354 offers changed hands on the counter.

Dealers secured increases after the stock saw a staggering 129 % rally over the past 10 meetings. The flood was activated by reports that web crawler goliath Google was looking at a 5 % stake in the organization.

The scrip opened at Rs 12.49 and contacted an intraday high and low of Rs 12.49 and Rs 9.41, individually, in the meeting up until now. Portions of the organization of Vodafone Idea Ltd. cited a 52-week high of Rs 13.54 and a 52-week low of Rs 2.61.

The organization announced merged deals of Rs 11089.4 crore for the quarter finished 31-Dec-2019, up 2.26 % from past quarter’s Rs 10844.0 crore and up 5.63 % from the year-prior quarter’s Rs 11751.6 crore.The overall deficits for most recent quarter remained at Rs 6438.8 crore, up 28.66 % from the Last Year Quarter.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone.Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk. The risk of loss in trading and investment in Securities markets including Equities, Derivatives, commodity and Currency can be substantial. All are for Educational Purpose only.