Hello friends, Voda-Idea (Vi) was facing many difficulties for some time, but on May 30, the shares of Voda-Idea (Vi) became a rocket, as the share price in the market rose by about 5%., all this is possible with just one news.
Actually yesterday the news came that Amazon is going to invest ₹ 20,000 crore in Vi, due to this news the share of Vi rose by 4.81% to reach ₹ 9.36, and in the last 2 sessions this share of the telecom company has strengthened by about 7.33%. , Vi's stock was trading at ₹9.25 till the market closed yesterday.
Although this news has not been confirmed yet, whether Amazon is really going to invest ₹ 20,000 crores or not, this news definitely gave a great boost to Vi, India's third-largest telecom operator. Company Voda-Idea (Vi) is engaged in locating investors to raise capital and repay the debt of the company.
And for this, the company is also engaged in compensating by increasing the fee for its services, although the increase in this fee can also be harmful to the company, and Voda-Idea (Vi) has many debts.
It will not be easy for the loss-making company Voda-Idea (Vi), so the company is looking for investors, let us tell you that Voda-Idea was saved from bankruptcy with the help of the government, and Voda -Idea has to pay a total of ₹60,000 crores in the next 10 years.
And because the government had saved this company, then the government has about 35.8% stake in this company, and then Vodafone Group will have only 28.5% stake in this company in Vi, and Aditya Birla Group's stake is about 17.8%.
Invest in Vi or not?: And let us tell you that Voda-Idea (Vi) also had a loss of ₹ 6,563 crores in the March quarter of FY 2022, at present, news has given a slight edge to the stock of this company. , and if this news turns out to be true, and Amazon invests in this company.
So Vi will once again come out as a good company, but for the time being there has been a constant ebb in this company, so accordingly we should avoid investing in this company, and you should also invest in this company wisely.
Disclaimer: This article has been written based on some data and estimates, invest in Crypto Market, Mutual Funds, and Stock Market only at your own risk and we are not a Financial Advisor registered by SEBI. So if you have any kind of loss then we are not responsible for it.
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