Vodafone Idea | Once a Nifty 50 constituent, Vodafone Idea has also destroyed investor wealth worth ₹7,100 crore or 11% of the total, with a negative CAGR return of 17% during this period. The stock has just got back above its FPO price of ₹11 for the first time after more than a year.
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CNBC TV1815-12-2025, 12:16

Vodafone Idea stock gains: 6 big questions loom despite potential AGR relief.

  • Vodafone Idea shares rebounded, trading above their FPO price of ₹11.
  • Government is reportedly considering a 4-5 year interest-free moratorium on AGR liabilities and a 50% reduction in dues for Vodafone Idea.
  • Key questions for the company include the impact of potential AGR relief on annual payments, plans for bank debt, and the need for further equity to fund its ₹50,000-₹55,000 crore 5G capex.
  • Other critical questions involve the government's approach to converting more dues into equity without increasing its 49% stake, plans for tariff hikes (current ARPU is ₹167), and strategies to close the gap with competitors in market share and 5G coverage.

Why It Matters: Vodafone Idea's rebound faces major questions about its long-term viability.

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