๐ Vodafone Idea Share Price Soars by 14% in Latest Trading Session ๐
Investors were thrilled to see Vodafone Idea’s shares surge by 14% in yesterday’s trading session. The company’s shares are showing impressive growth, with a significant uptrend seen in these stocks.
๐ฐ Vodafone Idea’s FPO Oversubscribed 6.99 Times in Just Three Days ๐ฐ
The FPO worth โน18,000 crore by Vodafone Idea was oversubscribed by 6.99 times in a span of three days. The share price of the company jumped by 14.43% to reach โน14.75 per share.
๐ Vodafone Idea’s Record-breaking FPO Receives Massive Response ๐
Vodafone Idea’s FPO worth โน18,000 crore has become India’s largest FPO. Qualified Institutional Buyers subscribed 19.31 times more than the reserved quota, showing strong investor interest in the company.
๐ Vodafone Idea to Launch 4G and 5G Services with Raised Funds ๐
The success of Vodafone Idea’s FPO will pave the way for the company to raise โน25,000 crore from various banks. This will strengthen the company’s position in the market and help in launching new 4G and 5G services.
๐ฏ Vodafone Idea’s Target Price Set at โน19 by IIFL ๐ฏ
IIFL has set a target price of โน19 for Vodafone Idea’s shares. The company plans to expand its 4G and 5G networks with the funds raised through the recent FPO.
Stay tuned for more updates on Vodafone Idea as it continues to make waves in the market!
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