
📉 Vodafone Idea Stock Update | May 8
📊 Stock Movement Today:
• Opened at ₹6.99 vs. previous close of ₹6.93
• Hit intraday low of ₹6.93, then rebounded to ₹7.05 🔼 (+1.73%)
• Trading slightly positive despite weak fundamentals
📉 Performance Snapshot:
• 🔻 Down 27% in the last 3 months
• 🔻 Down 13% YTD
• 🔻 Down 45% over 1 year
• 🔼 Up 67% over 5 years
📡 Subscriber Woes Continue:
• As per TRAI (March data):
– Lost 5.41 lakh subscribers
– Total mobile user base now at 20.53 crore
📌 Outlook:
• Recovery in share price amid broader weakness
• Sustained subscriber losses and financial pressure remain key concerns