Idea Cellular trades in green on the BSE

17 Aug 2011 Evaluate

Idea Cellular is currently trading at Rs. 92.80, up by 0.35 points or 0.38% from its previous closing of Rs. 92.45 on the BSE.

The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 93.70 and Rs. 89.70 respectively. So far 575694 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.90 on 02-Aug-2011 and a 52 week low of Rs. 55.65 on 28-Feb-2011.

Last one week high and low of the scrip stood at Rs. 97.35 and Rs. 89.70 respectively. The current market cap of the company is Rs. 30544.95 crore.

The promoters holding in the company stood at 46.03% while Institutions and Non-Institutions held 18.12% and 35.85% respectively. 

Idea Cellular, a private telecom service provider has marked Axiata Investments 2 (India) hiking its stake in the company to 5.91 percent by acquiring additional shares worth Rs 306.69 crore through open market transactions. Axiata Investments 2 (India) has acquired 2,97,76,341 shares, or 0.9 percent, of Idea Cellular and it now holds a 5.91 percent stake in Idea Cellular. Prior to this acquisition, it held a 5.01 percent in the company.

Recently, Idea Cellular had added 13.50 lakh mobile subscribers in June, data from an industry body showed. Following the said addition, the company’s total subscriber count stood at 9.51 crore. However, Telenor's India unit added 9.40 lakh users, boosting its total to 2.63 crore.

Besides, Bharti Airtel, India’s top mobile carrier had added 21.20 lakh mobile subscribers in June. Following the said addition, the company’s total subscriber count stood at 16.92 crore while Vodafone's India unit, which is the country's third-biggest mobile carrier, signed up 20.90 lakh mobile subscribers in June to have a total of about 14.15 crore, as per the Cellular Operators Association of India.

Vodafone Idea Share Price

6.67 -0.25 (-3.61%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1570.10
Vodafone Idea 6.67
Indus Towers 330.10
Tata Communications 1739.05
Bharti Hexacom Ltd. 1328.35
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.