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Home Business Vodafone Idea Shares Fall Over 8% After Q3 Loss Widens

Vodafone Idea Shares Fall Over 8% After Q3 Loss Widens


Vodafone Concept’s shares fell by over 8 per cent on Monday

New Delhi:

Financially careworn telecom firm Vodafone Concept’s shares fell by over 8 per cent on Monday after the corporate reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.

The telecom operator’s inventory tanked 7.98 per cent to settle at Rs 10.95 on the BSE. In the course of the day, it plummeted 9.66 per cent to Rs 10.75.

On the NSE, it tumbled 7.59 per cent to settle at Rs 10.95.

Its market valuation declined by Rs 2,729.75 crore to Rs 31,465.25 crore on the BSE.

In traded quantity phrases, 587.84 lakh shares had been traded on the BSE and over 34.52 crore shares on the NSE in the course of the day. The earnings had been introduced put up market hours on January 21.


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