#vodafone idea stock

[vfs1jaipur]

Vodafone Idea Gets In-Principle Approval for Rs 14,000-Crore Loan from SBI-Led Consortium: Sources

Vodafone Idea Gets In-Principle Approval for Rs 14,000-Crore Loan from SBI-Led Consortium: Sources

The Vodafone Concept  A group headed by the State Bank of India (SBI) has allegedly given initial consent for an important loan of Rs 14,000 crore to one of the countries the  biggest telecom companies. For the financially strapped telecom behemoth and  it offers an essential turning point that may reduce its financial roles and open the door for further expansion. in-depth study of this new trend the way it of  impact trader & investors.

Background

In order a number of years the  Vodafone Idea has had trouble financially and  mainly as the result of fierce competition and legal constraints & the high capital costs that accompany network expansion. The Adapted gross Ratio  the decision by the high court are which required large back payment and  the making the company economic issues. the Acquiring major of  financial backing becomes essential to Vodafone Idea's survival for potential competitiveness in this challenging context.

Loan Approval Details

According to sources  the purpose of the Rs 14,000 crore loan's in-principle approval by the SBI-led consortium is to finance Vodafone Idea's operational requirements and pay off its current high-cost debt. This consortium which consists of multiple top public sector banks offers the struggling telecom corporation a financial lifeline as a whole. It is anticipated that the loan will be paid back in instalments pending final approvals and compliance with requirements.

Impact on Vodafone Idea

Security of Finances The influx of Rs 14,000 crore is expected to boost Vodafone Idea's cash position substantially. and It will make it feasible for the business to manage its immediate payment of debt & other expenses which will lower interest costs & enhance cash flow.

Network Growth & Advancement of Reliability the Vodafone Idea could improve service quality extend its 4G coverage & improve its network infrastructure In an extremely competitive sector where companies like Jio Reliance Jio & Bharti Airtel dominate and this is essential for drawing in fresh business and retaining current clients.

Sentiment of the Market the Consumer trust in Vodafone Idea's capacity to overcome its financial challenges is expected to increase if the organization is able to obtain an important loan from a consortium led by SBI. This upbeat outlook may be reflected in the stock performance if the company which would render stock trading there interesting..

Implications for Stock Trading

Temporal Volatility The stock price of Vodafone Idea will likely continue to experience some short-term volatility on the loan approval news. A favourable financial outlook might lead investors behave enthusiastically, improving the stock price. It's necessary to keep applying caution, though, as market corrections and profit-taking might happen.

Extended Prospects Vodafone Idea offers an appealing accidental for long-term investors via its enhanced financial stability and growth prospects. The company is an excellent complement to a diverse portfolio because of its capacity to invest in network advancements and competitive approaches that can end up in sustained earnings improves.

Impact on Sectors The settling of Vodafone Idea may potentially have beneficial impacts on the bigger telecom industry. the stronger competitive market might encourage innovation & improved services which will be favourable for the manufacturing industry as entirety. the Investors will want to keep an eye on technological advances think about producing a number of investments in telecom company.

Strategic Considerations for Investors

Keep an eye on regulatory developments Owing to the rigorous rules governing the telecom industry in India, Vodafone Idea's operations can be significantly affected by changes in laws or other regulations. Keeping abreast of these events is vital for investors to make educated trading decisions.

Financial Situation Though the loan clearance is an excellent step forward, Vodafone Idea levels of debt and revenue growth and profitability must all be regularly evaluated. This will make its sustainable future & investment potential clearer to see.

Invest In various ways Diversification remains an the important strategy in the field of communications because of the inherent risks involved. To reduce possible risks & maximize returns & investors ought to consider about diversifying the assets they own across a range of businesses & asset classes.

Conclusion

the significant turning point for Vodafone Idea has been the in-principle approval of a Rs 14,000-crore loan from a consortium led by SBI. The loan has given the firm a much-needed financial boost & improved its prospects in the telecom industry. This advancement offers investors the opportunity of making long-term investments as well as short-term trading opportunities. Investors can successfully navigate the complexities of stock trading in the telecom sector by keeping informed and using a strategic approach, taking into account the potential that arise from such significant company improvements.

[samyutbc]

BofA Upgrades Vodafone Idea Rating to 'Neutral' and Raises Price Target to ₹14.5

Bank of America (BofA) has changed its rating on Vodafone Idea (VIL) from 'negative' to 'neutral'.

However, despite this positive view, BofA has not advised investors to buy VIL shares.

BofA believes VIL has the potential to increase tariffs, stating that a 5% increase in Average Revenue Per User (ARPU) could lead to a 12% increase in Earnings Per Share (EPS).

Brokerage also noted that VIL's recent fundraising efforts are expected to improve its 4G network coverage.

Despite these positive developments, BofA is not advising investors to buy VIL shares.

The brokerage has also raised its price target for VIL shares to ₹14.5 per share, which is up from the previous target of ₹9.4 per share. BofA is optimistic about the telecom sector's momentum. They now anticipate higher tariff increases, ranging from 20% to 25%, compared to their earlier forecast of 10% to 15%.

For Trade Insights: thebusinesscorridor

[college-buz]

Vodafone Idea Secures Rs 5,400 Crore from Anchor Investors Ahead of FPO

As Vodafone Idea (VIL) prepares for its much-anticipated Follow-On Public Offering (FPO), the telecom giant has successfully closed its anchor book allocation, raising a substantial Rs 5,400 crore from both global and domestic investors. This significant investment marks a pivotal moment for the company, positioning it strategically as it gears up for the next phase of growth.

The anchor book allocation, comprising 490.9 crore shares allotted to 74 funds, saw enthusiastic participation from esteemed investors at Rs 11 per share, reflecting confidence in VIL’s potential. Among the notable investors are GQG Partners Emerging Markets Equity Fund, Fidelity, UBS Fund Management, Abu Dhabi Investment Authority, and others, alongside domestic heavyweights like Motilal Oswal Mutual Fund, HDFC Mutual Fund, and SBI General Insurance.

This achievement places Vodafone Idea’s anchor book as the third-largest in history, following the footsteps of One 97 Communications and Life Insurance Corporation (LIC), which raised Rs 8,235 crore and Rs 5,627 crore, respectively, in their anchor rounds. Such substantial support underscores the confidence investors have in VIL’s future prospects.

The forthcoming FPO, scheduled to open for public subscription on April 18 and conclude on April 22, is poised to be the country’s largest, with a price band set between Rs 10 and Rs 11 per share. This monumental fundraising endeavor is expected to inject fresh capital into VIL, empowering the company to bolster its position in the fiercely competitive Indian telecom market.

With industry giants like Reliance Jio and Bharti Airtel dominating the landscape, Vodafone Idea aims to leverage these funds to fortify its presence, accelerate the much-awaited 5G rollout, enhance 4G services, and address pending vendor dues. Additionally, the infusion of capital will enable VIL to execute its ambitious plans of matching its competitors’ offerings and stemming the tide of subscriber attrition.

The road ahead hasn’t been easy for Vodafone Idea, grappling with a daunting debt burden of Rs 2.1 lakh crore and consecutive quarterly losses. Despite these challenges, the company remains resolute in its commitment to rejuvenate its operations and emerge stronger in the ever-evolving telecom sector.

As the telecom landscape continues to evolve, Vodafone Idea’s strategic moves and robust investor support signal a new chapter in its journey towards revitalization and sustainable growth. With the stage set for its transformative FPO, all eyes are on VIL as it navigates through the dynamic telecom terrain, poised for a resurgence in the days to come.

[asj-ventures]

Market Morning Brief - 12th August

Asian markets trade flat and GIFT Nifty after turmoil on Hindenburg-Adani/Buch allegations.

Gift Nifty trading 9 points down at 8:06 am.

Israeli Defense Minister Yoav Gallant spoke on Sunday with U.S. Defense Secretary Lloyd Austin and told him Iran's military preparations suggest Iran is getting ready for a large-scale attack on Israel.

Key for the Federal Reserve will be U.S. consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2% hoping upto 0.5% rate cut.

Quarterly results today :

Vodafone Idea, Voltas, Bajaj Hindusthan Sugar, Balrampur Chini Mills, Campus Activewear, Dhanlaxmi Bank, DOMS Industries, Happiest Minds Technologies, Hindustan Copper, Housing & Urban Development Corporation, Indian Railway Finance Corporation, Natco Pharma, National Aluminium Company, NMDC, Olectra Greentech, Senco Gold, SJVN, Sunteck Realty, and Voltas.

Stocks in news today,

🎯Larsen & Toubro

Subsidiary L&T Semiconductor Technologies has completed the acquisition of a 100% stake in SiliConch Systems.

🎯Kotak Mahindra Bank

The bank has acquired 30 lakh equity shares of Open Network for Digital Commerce (ONDC) for Rs 30 crore. With this, the bank’s current shareholding in ONDC is 5.10%.

🎯Oil and Natural Gas Corporation

The company has received approval from the Government of India for the infusion of additional equity capital of up to Rs 10,501 crore in ONGC Petro Additions (OPaL), conversion of backstopped Compulsorily Convertible Debentures (CCDs) amounting to Rs 7,778 crore, and balance payment of Rs 86 crore with respect to share warrants, totaling Rs 18,365 crore. This will change the status of OPaL into a subsidiary of ONGC with a 95.69% equity stake.

🎯Bank of Baroda

The public sector lender has raised lending rates by 5 basis points (bps) on its three-month, six-month, and one-year tenures, effective August 12.

🎯Canara Bank

The bank has raised its lending rate by 5 bps across tenures, effective August 12.

🎯Atul

Subsidiary Atul Bioscience has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (FDA) for its manufacturing facility at Ambernath, Maharashtra. The EIR was issued post the last inspection of the facility conducted from May 6 to May 10, which concluded with zero FDA 483 observations.

🎯Mastek

Hiral Chandrana has resigned as Group CEO of the company. The board has recommended Umang Nahata as the Interim Group CEO of Mastek Group, effective August 10. Umang Nahata is currently one of the non-Executive Directors of the company.

🎯Coffee Day Enterprises

The IDBI Trusteeship Services has admitted Coffee Day Enterprises into the National Company Law Tribunal (NCLT) for the initiation of Corporate Insolvency Resolution Process (CIRP) for Rs 228.45 crore. The company is planning to take the required legal action in this regard.

🎯Amara Raja Energy & Mobility

Subsidiary Amara Raja Advanced Cell Technologies has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles, a 100% Indian subsidiary of the Italian auto giant Piaggio Group. Amara Raja will collaborate with Piaggio India to develop and supply LFP (lithium iron phosphate) Lithium-Ion (Li-ion) cells and chargers for its electric vehicles, along with developing cells and battery packs for their upcoming offerings.

🎯Caplin Point Laboratories

The United States Food and Drug Administration (US FDA) conducted an unannounced inspection of Caplin Steriles’ injectable and ophthalmic manufacturing facility at Gummidipoondi. The inspection was conducted between August 5 and August 9 and concluded with zero observations.

Positive 👍🏻

Bulk Deals

🎯Hatsun Agro Product

VVV and Sons Edible Oils sold a 0.6% stake in the company at an average price of Rs 1,227.27 per share.

🎯Paramount Communications

Foreign investor Nexpact sold a 0.76% stake in the company at an average price of Rs 80.5 per share.

🎯Updater Services

Foreign company India Business Excellence Fund IIA sold a 0.64% stake in the company at an average price of Rs 326.57 per share.

🎯ACE Software Exports

Ace investor Shankar Sharma has bought a 1.25% equity stake in the company at an average price of Rs 359.5 per share. However, Jamkuben Harilal Dhamsaniya sold a 2.03% stake in the company at the same price.

🎯Nexus Select Trust

Morgan Stanley Asia Singapore Pte ODI, HDFC Trustee Company - HDFC Flexi-Cap Fund, Morgan Stanley Asia Singapore Pte, ICICI Prudential Mutual Fund, Carmignac Gestion A/C Carmignac Emergents, and Wells Fargo Emerging Markets Equity Fund purchased a 7.76% stake in the trust at an average price of Rs 138 per unit. However, BREP Asia SG Red Fort Holding NQ Pte and BREP Asia II Indian Holding Co IX (NQ) Pte sold 20.82% units at the same price.

For More Detailed Analysis Connect with us at ASJ Ventures

ASJ Ventures

[demiumresearch]

MSCI index emerging markets! #education #stockmarket   MSCI August Review: #rvnl , Zydus Life, Vodafone Idea Among Seven Additions #bandhanbank ank was the only Indian stock removed from the MSCI Emerging Markets Index. • Rail Vikas Nigam Ltd. and #zyduslifesciences Ltd. were added to the large-cap section of the MSCI Emerging Markets Index. * #vodafone #idea Ltd., Oil, and #hdfcbank were not included in the list. More Updates: 🔥 Follow us 👉 @demiumresearchindia is our handle. You can apply for an IPO for the long term! 👉 @demiumresearch.com LIKE❤️ SHARE / COMMENT Please Turn On Post notifications. Mission 🎯 Our vision is to provide knowledge of the stock market, investment strategies, and much more!. . . . .  #index #capitalization #financetips #defense #insight #stockmarket #investment #stockmarketindia #stocks #options #recommendations #researchanalysis #bse #nseindia #equity #longterminvesting 

https://youtube.com/shorts/V5Nnsn5qOKY?si=NrDtE-U6PJLc3dnG

[wiseglobalresearchservices]

Stocks to watch: Vodafone Idea, IRCTC, JSW Steel, HUDCO, Orchid Pharma, Power Grid Corp

[financesaathi]

IRFC, Vodafone Idea, and Other Major Companies Set to Report Q1 Results Today

Today is a pivotal day on Dalal Street as the earnings season reaches its peak, with more than 500 companies scheduled to announce their Q1 results. Among the notable companies reporting today are Indian Railway Finance Corporation (IRFC), Vodafone Idea, Alembic, Balrampur Chini Mills, Bajaj Hindusthan Sugar, Happiest Minds Technologies, NCC, and NMDC.

IRFC’s Performance

Indian Railway Finance Corporation (IRFC) is particularly in focus as it unveils its Q1 FY 25 results. The company had reported a 6.3% decline in net profit during Q1 FY 24, amounting to ₹1,556.6 crore. Investors are keen to see how the company has fared in the current fiscal year and whether it has managed to reverse its previous downturn.

IRFC’s IPO was launched on January 18, 2021, with the company getting listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on January 29, 2021. This marked a significant milestone for IRFC, transitioning it from a public sector undertaking to a publicly traded company, which opened new avenues for capital raising and market engagement.

Other Major Announcements

In addition to IRFC, Vodafone Idea and Alembic are among the high-profile companies reporting their Q1 performance. Other companies to watch include Balrampur Chini Mills, Bajaj Hindusthan Sugar, and Happiest Minds Technologies. These reports are crucial for investors seeking to understand sectoral trends and the overall economic health.

Get More Info : finance saathi

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[optionperks]

Top Gainers and Losers today on 1 July, 2024: Tech Mahindra, Wipro, NTPC, State Bank Of India among most active stocks

Top Gainers and Losers Today : The Nifty closed at 24010.6, up by 0.55% today. Throughout the day, the Nifty reached a high of 24164.0 and a low of 23992.7. The Sensex traded between 79561.0 and 78971.79, closing 0.56% up at 79032.73, which was 443.46 points above the opening price.

The Nifty Midcap 50 outperformed the Nifty 50, closing 0.82% up. Similarly, small cap stocks also outperformed the Nifty 50, with the Nifty Small Cap 100 ending at 18317.7, up by 275.95 points and 1.51% higher. In the Nifty index, the top gainers were Tech Mahindra (up 2.92%), Wipro (up 2.43%), Bajaj Finance (up 2.27%), Grasim Industries (up 2.10%), and Ultratech Cement (up 2.03%). The top losers were NTPC (down 2.27%), State Bank Of India (down 0.82%), Apollo Hospitals Enterprise (down 0.82%), Eicher Motors (down 0.80%), and Dr Reddys Laboratories (down 0.76%). Sensex Top Gainers And Losers Today

Top Gainers: Tech Mahindra (up 2.94%), Wipro (up 2.40%), Bajaj Finance (up 2.24%), Ultratech Cement (up 2.11%), Tata Consultancy Services (up 1.75%)

Top Losers: NTPC (down 2.23%), State Bank Of India (down 0.80%), Larsen & Toubro (down 0.61%), Indusind Bank (down 0.45%), Bajaj Finserv (down 0.38%)

Nifty Top Gainers And Losers Today

Top Gainers: Tech Mahindra (up 2.92%), Wipro (up 2.43%), Bajaj Finance (up 2.27%), Grasim Industries (up 2.10%), Ultratech Cement (up 2.03%)

Top Losers: NTPC (down 2.27%), State Bank Of India (down 0.82%), Apollo Hospitals Enterprise (down 0.82%), Eicher Motors (down 0.80%), Dr Reddys Laboratories (down 0.76%)

Nifty MidCap 50 Top Gainers And Losers Today

Top Gainers: Persistent Systems, ACC, L&T FINANCE, Dixon Technologies (India), Indus Towers

Top Losers: Indian Hotels Company, Vodafone Idea, Godrej Properties, Ashok Leyland, IDFC First Bank

Nifty Small Cap 100 Top Gainers And Losers Today

Top Gainers: Mahanagar Gas, Castrol India, JBM Auto, Shyam Metalics & Energy, BLS International Services

Top Losers: Global Health, Titagarh Rail Systems, Triveni Turbines, IDFC, Ujjivan Small Finance Bank

In BSE, the top gainers were Mahanagar Gas (up 9.36%), Chalet Hotels (up 8.85%), Home First Finance Company India (up 8.77%), PB Fintech (up 8.69%), and Castrol India (up 8.28%). The top losers were Motilal Oswal Financial Services (down 3.67%), India Cements (down 3.48%), Prestige Estates Projects (down 3.03%), Schaeffler India (down 2.77%), and Torrent Power (down 2.68%).

In NSE, the top gainers were Garden Reach Shipbuilders & Engineers (up 9.88%), Mahanagar Gas (up 9.39%), Home First Finance Company India (up 8.77%), PB Fintech (up 8.58%), and Castrol India (up 8.16%). The top losers were Motilal Oswal Financial Services (down 3.75%), India Cements (down 3.60%), Global Health (down 2.89%), Torrent Power (down 2.80%), and Prestige Estates Projects (down 2.76%).

[bollytollykolly]

Airtel, Vodafone Idea, Bharti Hexacom stocks trade mixed after spectrum auction; how should you trade? - Moneycontrol

https://news.google.com/rss/articles/CBMiowFodHRwczovL3d3dy5tb25leWNvbnRyb2wuY29tL25ld3MvYnVzaW5lc3MvbWFya2V0cy9haXJ0ZWwtdm9kYWZvbmUtaWRlYS1iaGFydGktaGV4YWNvbS1zdG9ja3MtdHJhZGUtbWl4ZWQtYWZ0ZXItc3BlY3RydW0tYXVjdGlvbi1ob3ctc2hvdWxkLXlvdS10cmFkZS0xMjc1NzE3My5odG1s0gGnAWh0dHBzOi8vd3d3Lm1vbmV5Y29udHJvbC5jb20vbmV3cy9idXNpbmVzcy9tYXJrZXRzL2FpcnRlbC12b2RhZm9uZS1pZGVhLWJoYXJ0aS1oZXhhY29tLXN0b2Nrcy10cmFkZS1taXhlZC1hZnRlci1zcGVjdHJ1bS1hdWN0aW9uLWhvdy1zaG91bGQteW91LXRyYWRlLTEyNzU3MTczLmh0bWwvYW1w?oc=5&utm_source=dlvr.it&utm_medium=tumblr

[elitewealth2020]

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[techwithnitin]

Stocks to Watch: Reliance Industries, JSW Steel, Zee, Trent, Vodafone Idea

JSW Steel: The Sajjan Jindal-led steelmaker announced on Friday that it intends to invest €143 million (approximately ₹1,282 crore) to aid the revival of its steel mill in Piombino, Italy. The company announced in a press release that its subsidiary, JSW Steel Italy SRL, has signed a Memorandum of Understanding (MoU) with Italian authorities for the site’s relaunch, adding that the investment…

[24-factoz-news]

Vodafone Idea’s board approved a ₹20,000 crore fundraise. Then its stock crashed 14%

Vodafone Idea Limited (VIL), India’s leading telecom operator, witnessed a dramatic turn of events recently. On Tuesday, the company’s board approved a fundraising plan of up to ₹20,000 crore through a mix of equity and equity-linked instruments. However, this seemingly positive development was met with a negative response from investors, leading to a 14% plunge in the company’s stock price on Wednesday.

Reasons Behind the Stock Crash

Despite the announced fundraising, investors remained unconvinced, primarily due to the following concerns:

Massive Debt Burden: VIL is burdened with a staggering debt of over ₹2.5 lakh crore. The proposed fundraise, while substantial, was deemed insufficient to address this mountain of debt, raising concerns about the company’s long-term financial viability.

Limited Ability to Invest: With a significant portion of the funds likely directed towards debt repayment, investors expressed apprehension about VIL’s ability to invest in crucial areas like network upgradation and 5G technology, potentially hindering its competitiveness in the market.

Subscriber Losses: VIL has been grappling with subscriber losses for some time now, further adding to investor anxieties about the company’s overall health and future prospects.

Looking Ahead

The sharp decline in VIL’s stock price reflects the cautious stance of investors. While the company’s fundraising efforts and commitment to improve its financial health are positive steps, addressing the concerns surrounding its debt burden and subscriber base will be crucial to regain investor confidence and ensure a sustainable future.

Read More News-

[petnews2day]

Vodafone Idea shares jump 9% on fundraise move. Buy or sell?

New Post has been published on https://petn.ws/fUdkZ

Vodafone Idea shares jump 9% on fundraise move. Buy or sell?

Stock market today: Vodafone Idea shares witnessed strong buying interest among the Indian stock market bulls. After the announcement of the board meeting on 27th February 2024 to discuss fundraising, Vodafone Idea shares attracted the attention of Dalal Street bulls in early morning deals and opened with an upside gap. The telecom stock went on […]

See full article at https://petn.ws/fUdkZ #OtherNews

[nsebullcom]

britannia share price: Big movers on D-Street: What should investors do with BSE, Jubilant Food and Britannia?

Equity indices declined for the sixth straight session on Thursday amid tension in the Middle East. The 30-share BSE Sensex slumped 900 points to settle below the 64,000 mark, while the Nifty dived 264 points to 18,857.Stocks that were in focus included names like BSE, which rose 1.97%, Jubilant Food, which declined 3.84%, and Vodafone Idea, whose shares dropped 0.53% on Thursday. Here’s what…

[spectra23corporatestrategy]

AIRTEL, THE NEW AIRCEL?

Brief Summary

In the past 7 years, the Indian telecom space has seen the most competitive business wars in its history. After JIO came out, two giant players merged to together to become Vodafone-Idea, BSNL is still on the ventilator and players like Telenor and Aircel have just vanished from the market. The only player that survived was Airtel and is still in the market significantly. Facts: In Financial year 2023, Jio made 1.19 trillion dollars in revenue whereas Airtel made 1.39 trillion Dollars. In the last few quarters, Airtel stock price has also started out performing the Nifty by a healthy margin whereas it was under performing when Jio was Launched in 2016.

Task in Hand Prepare a report of minimum 5 and maximum 7 pages explaining all dil and plans used by Airtel to capture the Indian telecom market against Jio. ✓ Initial business growth of Airtel and Jio. ✓ Important factors that determined the performance of Airtel ✓ The Indian market and different segments of video consumption ✓ The financial performance of both the companies. ✓ By-products and Airtel operational capability. ✓ Complaints and grievances opportunity ✓ Marketing strategies ✓ PESTLE and SWORT analysis of both the company. ✓ Prepare a Presentation Explaining the following points (7 slides – PPT ). ✓ Prepare both Report and PPT.

RESOURCES Bharti Airtel and Reliance Jio are two of the largest telecommunications companies in India. Both have had a significant impact on the industry in recent years. In this article, we'll take a closer look at the two companies and compare their performance in terms of key metrics such as subscribers, revenue, and profitability. Reliance Jio, since its launch in 2016, has been the clear leader in terms of subscriber growth in the Indian telecom market. The company has over 41 crore subscribers (a decrease since the previous year), still making it the largest telecom operator in India. Bharti Airtel has around 49.1 crore subscribers (beating Reliance Jio this year in terms of subscriber growth). In terms of revenue and profit, Bharti Airtel generated a consolidated revenue of ₹1.16 lakh crore and EBITDA of ₹5.8 lakh crore in the fiscal year 2021-22. Reliance Jio, on the other hand, generated revenue of more than ₹1 lakh crore and EBITDA of ₹40 thousand crore in the same fiscal year. In terms of revenue, Bharti Airtel has been the most successful company in recent years in terms of operating margins. ➢ https://www.businessinsider.in/business/telecom/news/bharti-airtel-set-to-narrow-the-gap-with-jio-as-telecom-users-go-premium/articleshow/103007318.cms ➢ https://www.financialexpress.com/market/reliance-jio-leads-user-adds-for-13-months-in-a-row-voda-situation-dire-telecom-eyes-next-growth-trigger-3147261/ ➢ https://www.managementstudyguide.com/the-game-changing-case-of-reliance-jio.htm ➢ https://startuptalky.com/case-study-bharti-airtel/

[mytradingdays]

A lot of unplanned, emotional decisions and lack of preparations costing me high. Bit certainly not in terms of huge losses but in terms of decline in profits... While i am still in Rs. 50L profits in this FY after tax it would have been much higher provided I had some discipline... Trying to maximize the profit is giving cuts in existing profits. In Nov 2022 when exiting from Reliance Futures i was in 14L profit after tax. This was after struggling at a 15L loss in Jul 2022. Even after Nov in the attempt of maximizing profits in Reliance i had come down to 6L loss in Mar 2023 wiping out all 14L profits 4 months back.

However, sticked onto Reliance more firmly to make a 11L profit after tax by July 2023 but even then a change in prepared strategy made me exit early at a wrong level after which stocked rallied another 200 points in 10 days. However that made me to enter to Vodafone Idea which has given me wonderful returns. With heavy bets on Vodafone idea I had been to a whopping profit of 85L after tax. But couple of decisions with light hearted thought has reduced it to 55L as of today. First mistake was, 11.55 being a resistance point as i was always thinking, i decided against exiting on the day. Next day it went down 10% creating a strong bearish engulfing candle forced me to exit. Though the price went above next few days I continue to believe technically the decision was correct after such rally from 7 to 11. The second decision that went wrong was after the exit when the price negated the engulfing candle, i entered again as it became ultra bullish, that too in just a matter of 3 days. Though the decision was technically correct, the unawareness of getting the stock into ASM stage was not considered. So it was expected to be weak in next trading session. So the mistake was not that i entered again to the stock, the mistake was even after a gap up opening today i waited more to exit of which i could have saved 9L today after tax. In a detailed study I came to know that even the last engulfing candle was due to ASM in BSE and this time it was on NSE. So the ASM lesson was learnt with a whopping 28L fee of cost.

And that's ok, it is learning after all. I am here to stay, market is here to stay, as long as i can cover the 28L in upcoming years I am still in good returns, in fact even otherwise i am with some handful numbers..

My analysis and study on the move to 12 was almost accurate, but the intermediate decisions spoiled. Now in similar way after some consolidated there will be a move to 16 so need to watch on and make right decisions. An entry around 9.70 would be lesser risky.