The telecom stock extends rally into third straight session, buoyed by reports of SBI-led loan consortium to bolster network upgrades and competitiveness.
Mumbai | June 26, 2025 – 10:03 AM IST:
Vodafone Idea’s stock surged for the third consecutive session on Thursday, climbing 2.38% to ₹7.30 apiece on the BSE. The rally extends the stock’s five-session gain to nearly 15%, driven by speculation surrounding a large-scale ₹25,000 crore fundraising effort.
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According to a Bloomberg report, Vodafone Idea is in talks with banks, including State Bank of India, to raise long-term debt to support its capital expenditure and strengthen network capabilities against rivals Jio and Airtel. The proposed financing is likely to span 10 years, and includes both domestic and foreign loans, with global banks expected to join the SBI-led consortium.
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🏦 A Crucial Boost for the Debt-Laden Telco
The fundraising plan aligns with Vodafone Idea’s earlier board approval in May to raise ₹20,000 crore via loans or equity. A successful close of this round could drastically improve the company’s network rollout speed, infrastructure, and market competitiveness.
In April, the Indian government increased its stake to 48.99% in the struggling telco by converting part of the company’s spectrum dues into equity—a move that underlined Vodafone Idea’s precarious financial health but also suggested potential turnaround support.
📊 Share Performance Snapshot
- Today’s High: ₹7.30 (+2.38%)
- 5-Day Change: +15%
- 1-Month Gain: +5%
- 3-Month Gain: +3%
- YTD Loss: -9%
- 1-Year Loss: -60%
- 5-Year Loss: -30%
Despite recent gains, Vodafone Idea’s long-term performance remains under pressure, reflecting the challenges of mounting debt, limited spectrum, and customer attrition.
Conclusion:
The rally in Vodafone Idea’s share price signals investor optimism around its revival strategy, but the telecom giant will need sustained capital inflows and operational efficiency to reclaim its lost position in India’s ultra-competitive telecom sector.
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