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Vodafone Idea’s Momentum Play: Top Midcap Gainer and Still Climbing?

Updated: July 15, 2025 08:47

Image Source : Groww

Vodafone Idea (Vi) surged 7.53% on July 14, closing at Rs 7.71 and emerging as one of the top gainers on the Nifty Midcap 150 index. The rally comes amid renewed investor optimism and whispers of government support, despite the telecom giant’s ongoing financial challenges.

Key Highlights:

- Share price jumped from Rs 7.17 to Rs 7.71, with intraday highs touching Rs 7.77.

- Domestic Institutional Investors (DIIs) increased their stake to 52.42%, while FIIs reduced holdings to 6.56%.

- UBS revised its rating to Neutral but raised the target price to Rs 8.50, citing potential upside.

Financial Snapshot:

- Quarterly revenue rose 4.16% YoY to Rs 11,013.50 crore.

- Net loss narrowed by 12.32% YoY to Rs 27,385.20 crore.

- Operating margin improved to -6.48%, signaling cost control efforts.

Strategic Developments:

- Vi plans to launch 5G services in 23 cities, as per its June 30 press release.

- Amendments to Articles of Association were filed on June 28, hinting at structural shifts.

- Government stake stands at 48.99%, following spectrum dues conversion earlier this year.

Investor Sentiment:

- The stock remains a favorite among retail traders due to its low price and volatility.

- Analysts believe further upside hinges on funding clarity and 5G rollout execution.

Sources: Moneycontrol, Subkuz, Economic Times, Investing.com India, Univest.

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