Market Overview on October 27
Shares of Vodafone Idea Ltd (VIL) are under the spotlight today, October 27, as the Supreme Court prepares to hear the company’s plea seeking to quash the Department of Telecommunication’s (DoT) additional AGR demands for the period up to 2016-17.
The stock opened positively at Rs 9.63 on the BSE, up from the previous close of Rs 9.62. It touched an intraday high of Rs 9.80, marking a 1.87% gain, while briefly dipping to a low of Rs 9.60. By the latest update, VIL was trading at Rs 9.68, with a market capitalization of Rs 1,04,876 crore.
On the NSE, the stock opened flat at Rs 9.62, reached a high of Rs 9.80, and fell to a low of Rs 9.61 during the session.
Recent Stock Performance
VIL has shown consistent growth over the last five trading sessions, gaining 10.92%. From a technical perspective, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.
- 52-week high: Rs 10.48 (achieved on January 20, 2025)
- 52-week low: Rs 6.12
Share Price History
According to BSE Analytics, VIL has delivered a 10.65% return over five years and 12.06% over three years. However, in the last two years, the stock has corrected by 11.21%, underperforming against the benchmark index’s 32.89% positive return.
Understanding Vodafone Idea’s AGR Plea
Adjusted Gross Revenue (AGR) is the basis for calculating licence fees and spectrum charges telecom companies owe to the government. Vodafone Idea has filed a petition in the Supreme Court to challenge the DoT’s additional AGR demand of Rs 5,606 crore for the period up to 2016-17.
Earlier in 2025, the Supreme Court had rejected requests from Vodafone Idea and Bharti Airtel for reviewing its 2021 order regarding alleged errors in AGR calculation, marking a significant setback for telecom operators.
Outlook
Investors are closely watching VIL as the Supreme Court hearing approaches, with market sentiment showing cautious optimism amid the stock’s recent upward momentum.
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