Vodafone Idea shares slump over 11% after fundraising plans announced ...Middle East

New Delhi: Vodafone Idea shares slumped more than 11 per cent on Wednesday, a day after it announced fundraising plans. Vodafone Idea shares were trading at Rs 13.98, down 11.91 per cent on BSE. The much-awaited capital raise by Vodafone Idea is crucial as it is essential to ensure immediate liquidity and facilitate the expansion of the network, Motilal Oswal Financial Services said in a report. The company still holds a debt of Rs 2.1 trillion with an annual installment of Rs 430 billion from FY26 onwards. This looks challenging against FY24 EBITDA of Rs 84 billion. The significant amount of cash required to service debt leaves limited upside opportunities for equity holders, even with the

Read More Details
Finally We wish PressBee provided you with enough information of ( Vodafone Idea shares slump over 11% after fundraising plans announced )

Also on site :

Beloved brand ends controversial 50 cent fee on popular breakfast staple as it gets ahead of Waffle House
Should You Expect USPS Mail Delivery on July 4th?
Wimbledon: Naomi Osaka loses to Anastasia Pavlyuchenkova in the 3rd round

Vodafone Idea shares slump over 11% after fundraising plans announced ...Middle East

Hamas Says It’s Ready to ‘Immediately” Return to Truce Negotiations

Kate Middleton to Join Prince William for Visit From French President

Where to Watch Every Fourth of July Fireworks Show: Live Stream, TV Channel

Dutch intel says Russia ups use of banned chemical weapons in Ukraine

90 Day Fiance’s Gino Explores Dating After Open Marriage Drama

Wayfair Is Selling an 'Absolutely Beautiful' $1,000 Loveseat for Just $286, and Shoppers Say It 'Feels Like a Hug'

Reporter talks about exclusive interview with Iranian Nobel laureate Narges Mohammadi

Boxer Julio Cesar Chavez Jr likely to soon be deported to Mexico: Sheinbaum

Summertime Means More Stress and Anxiety for Working Moms

Young history buffs help plan Declaration of Independence party in Balboa Park

The top photos of the week by AP's photojournalists

Refugium: Who Invited That Creep?

‘It means a lot’: Immigrants become U.S. citizens at Genesee Country Village and Museum

Meghan Markle takes fans inside Fourth of July festivities at home with Prince Harry, kids

Sam Altman Feels ‘Politically Homeless’ As Frenemy Musk Proposes Third Party