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Economic Times
3 days ago
- Business
- Economic Times
Vodafone Idea stock hits fresh 52-week low ahead of Q1 results
Vodafone Idea shares extended their decline on Thursday, slipping 3.5% to an intraday low of Rs 6.12, ahead of the company's Q1 FY26 earnings announcement later today. ADVERTISEMENT Over the past year, the stock has lost nearly 60% of its value, reflecting prolonged investor concerns around its financial health, mounting losses, and lack of significant turnaround plans. The company's Board of Directors is set to meet on Thursday, August 14, 2025, to consider and approve the unaudited financial results for the quarter ended June 30, 2025. On the technical front, Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking, noted that Vodafone Idea has broken its rising trendline on the weekly chart, retested it, and is now consolidating. This pattern, coupled with recent selling pressure, suggests weak sentiment and potential further the March 2025 quarter, Vodafone Idea reported a loss of Rs 7,166.1 crore — maintaining its streak of over 10 consecutive quarters of losses. Revenue for the quarter stood at Rs 11,014 crore. ADVERTISEMENT Investors and analysts will be closely watching the Q1 numbers for any signs of operational improvement or strategic direction that could impact the stock's trajectory. Unlock 500+ Stock Recos on App The Relative Strength Index (RSI) for Vodafone Idea on the daily chart stands at 32.8. The RSI is a momentum indicator used to assess whether a stock is overbought or oversold. A reading below 30 typically signals the stock is oversold and may be due for a short-term bounce, while a reading above 70 indicates it is overbought. With the RSI hovering just above the oversold threshold, the stock shows signs of continued weakness, though it has not yet entered deeply oversold the stock is trading below all 8 of its key Simple Moving Averages (SMAs) — from the 5-day to the 200-day SMA — indicating strong bearish momentum. When a stock remains below its short-, medium-, and long-term averages, it reflects persistent selling pressure and a lack of buying support at higher levels. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 days ago
- Business
- Time of India
Vodafone Idea stock hits fresh 52-week low ahead of Q1 results
Vodafone Idea shares extended their decline on Thursday, slipping 3.5% to an intraday low of Rs 6.12, ahead of the company's Q1 FY26 earnings announcement later today. Over the past year, the stock has lost nearly 60% of its value, reflecting prolonged investor concerns around its financial health, mounting losses, and lack of significant turnaround plans. The company's Board of Directors is set to meet on Thursday, August 14, 2025, to consider and approve the unaudited financial results for the quarter ended June 30, 2025. On the technical front, Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking, noted that Vodafone Idea has broken its rising trendline on the weekly chart, retested it, and is now consolidating. This pattern, coupled with recent selling pressure, suggests weak sentiment and potential further downside. Looking Back: March Quarter Highlights In the March 2025 quarter, Vodafone Idea reported a loss of Rs 7,166.1 crore — maintaining its streak of over 10 consecutive quarters of losses. Revenue for the quarter stood at Rs 11,014 crore. Investors and analysts will be closely watching the Q1 numbers for any signs of operational improvement or strategic direction that could impact the stock's trajectory. Technical Indicators Show Weakness in Vodafone Idea Stock The Relative Strength Index (RSI) for Vodafone Idea on the daily chart stands at 32.8. The RSI is a momentum indicator used to assess whether a stock is overbought or oversold. A reading below 30 typically signals the stock is oversold and may be due for a short-term bounce, while a reading above 70 indicates it is overbought. With the RSI hovering just above the oversold threshold, the stock shows signs of continued weakness, though it has not yet entered deeply oversold territory. Additionally, the stock is trading below all 8 of its key Simple Moving Averages (SMAs) — from the 5-day to the 200-day SMA — indicating strong bearish momentum. When a stock remains below its short-, medium-, and long-term averages, it reflects persistent selling pressure and a lack of buying support at higher levels.
Economic Times
4 days ago
- Business
- Economic Times
Vodafone Idea's 60% slump has more bearish undertones as analysts sound warning ahead of Q1 earnings
Vodafone Idea shares face scrutiny ahead of Q1 earnings, with analysts warning of potential downside due to a weak technical structure and bearish sentiment. Key support levels are identified at Rs 6.26 and Rs 5.72, while resistance is seen at Rs 6.87 and Rs 7.62. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Q1 expectations Ahead of its Q1 earnings on Thursday, Vodafone Idea shares are likely to remain in focus for the next two sessions. The stock's battered chart — down nearly 60% over the past year — offers little comfort to the bulls, and analysts warn of further downside. With the technical structure showing no signs of a positive reversal, investors will be watching the company's June quarter numbers with bated breath. In the meantime, here's what investors can do with stock:Commenting on the stock's technical charts, Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking said that the stock has broken its rising trendline on the weekly timeframe, retested the same, and is now consolidating having witnessed notable selling pressure in recent decline has pushed the Vodafone shares below their 50-day and 200-day simple moving averages (SMAs) of Rs 7.1 and 7.6, respectively. It has also traded with very high volatility with Trendlyne suggesting its 1-year beta of 1.5."On the daily timeframe, the formation of consecutive bearish candlesticks suggests the possibility of a fresh breakdown. Technically, it is trading below its key moving averages—the 20-day, 50-day, and 200-day EMAs—signaling a weakening trend and bearish market sentiment. The Relative Strength Index (RSI) has also declined sharply to 34.89, approaching the oversold zone and reflecting increasing bearish momentum," Shinde said. If the stock falls further, key support levels of Rs 6.26 and Rs 5.72 will be Gupta, who is Director at Ya Wealth Global Research also sees Vodafone looking down the barrel with strong support at Rs 6 A breakdown below this level could test levels up to 3, he warned. "We are not expecting any recovery in this scrip," he expects the revenue to increase 0.6% on a sequential basis to Rs 11,080 crore while rising 5.4% on a year-on-year basis. The net losses are likely to narrow to Rs 6,460 crore on a YOY and QoQ basis, it said. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) Rs 4,600 crore, down 1.3% QoQ and up 9.4%.Investors should be mindful of the possibility of a further market share loss and higher than anticipated competition leading to weaker VIL positioning & further pressure on VIL's balance also lists upside risks like improved traction and market share gains in 4G/5G subs along with better than expected operational leverage Securities see losses widening on a YoY basis to Rs 7,141 crore but lower from Q4FY25. The topline may grow 1.1% QoQ and 6% YoY. It has a 'Hold' rating for a price target of Rs 7.A favourable outcome could trigger the who sees immediate resistance at Rs 6.87, expects a sustained move to push the prices towards Rs 7.62. "Any meaningful recovery would require a decisive breakout above this resistance to confirm a potential trend reversal. Given the current weak technical structure and prevailing bearish sentiment, investors and traders are advised to remain cautious and wait for clear price action signals or reversal patterns before initiating new positions," he cautioned.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
4 days ago
- Business
- Time of India
Vodafone Idea's 60% slump has more bearish undertones as analysts sound warning ahead of Q1 earnings
Live Events Q1 expectations (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Ahead of its Q1 earnings on Thursday, Vodafone Idea shares are likely to remain in focus for the next two sessions. The stock's battered chart — down nearly 60% over the past year — offers little comfort to the bulls, and analysts warn of further downside. With the technical structure showing no signs of a positive reversal, investors will be watching the company's June quarter numbers with bated breath. In the meantime, here's what investors can do with stock:Commenting on the stock's technical charts, Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking said that the stock has broken its rising trendline on the weekly timeframe, retested the same, and is now consolidating having witnessed notable selling pressure in recent decline has pushed the Vodafone shares below their 50-day and 200-day simple moving averages (SMAs) of Rs 7.1 and 7.6, respectively. It has also traded with very high volatility with Trendlyne suggesting its 1-year beta of 1.5."On the daily timeframe, the formation of consecutive bearish candlesticks suggests the possibility of a fresh breakdown. Technically, it is trading below its key moving averages—the 20-day, 50-day, and 200-day EMAs—signaling a weakening trend and bearish market sentiment. The Relative Strength Index (RSI) has also declined sharply to 34.89, approaching the oversold zone and reflecting increasing bearish momentum," Shinde said. If the stock falls further, key support levels of Rs 6.26 and Rs 5.72 will be Gupta, who is Director at Ya Wealth Global Research also sees Vodafone looking down the barrel with strong support at Rs 6 A breakdown below this level could test levels up to 3, he warned. "We are not expecting any recovery in this scrip," he expects the revenue to increase 0.6% on a sequential basis to Rs 11,080 crore while rising 5.4% on a year-on-year basis. The net losses are likely to narrow to Rs 6,460 crore on a YOY and QoQ basis, it said. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) Rs 4,600 crore, down 1.3% QoQ and up 9.4%.Investors should be mindful of the possibility of a further market share loss and higher than anticipated competition leading to weaker VIL positioning & further pressure on VIL's balance also lists upside risks like improved traction and market share gains in 4G/5G subs along with better than expected operational leverage Securities see losses widening on a YoY basis to Rs 7,141 crore but lower from Q4FY25. The topline may grow 1.1% QoQ and 6% YoY. It has a 'Hold' rating for a price target of Rs 7.A favourable outcome could trigger the who sees immediate resistance at Rs 6.87, expects a sustained move to push the prices towards Rs 7.62. "Any meaningful recovery would require a decisive breakout above this resistance to confirm a potential trend reversal. Given the current weak technical structure and prevailing bearish sentiment, investors and traders are advised to remain cautious and wait for clear price action signals or reversal patterns before initiating new positions," he cautioned.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Hans India
5 days ago
- Business
- Hans India
Nifty, Sensex open flat amid mixed global cues
Mumbai: The Indian benchmark indices opened flat on Tuesday amid mixed global cues after the US and China extended their trade truce overnight for another 90 days. The BSE Sensex advanced 0.10 per cent or 80 points to 80,684 points. The Nifty 50 inched up to 24,612 advancing 0.11 per cent. Broader market indices also saw buying activity, with the BSE SmallCap adding 0.39 per cent and the BSE MidCap climbing 0.06 per cent. On the sectoral front, Nifty IT gained 0.79 per cent and Nifty Metal adavanced 0.60 per cent. The majority of other indices were mixed, showing modest gains and losses in the range of 0.10 to 0.40 per cent. In the Nifty pack, Hero MotoCorp led the gainers, followed by Tata Steel and TCS. Among laggards, Dr. Reddy's Laboratories topped the list with a 0.91 per cent decline, followed by ICICI Bank, HDFC Bank, Grasim and Bajaj Finance. "Technically, a decisive move above 24,650 could pave the way for an upside move towards 24,850, with immediate support located at 24,500 and 24,330, both of which are considered attractive zones for new long positions," said Amruta Shinde from Choice Broking. Asia-Pacific markets were mostly in the green, as the overnight extension of the US-China trade truce boosted investor sentiments. The US and China on Monday extended their trade truce until November 10. US had earlier threatened imposing 145 per cent tariffs on Chinese goods, and Beijing retaliated with 125 per cent duties on US shipments, both of which have been paused till November 10. Investors are closely monitoring developments in the US-India trade deal, quarterly earnings results, tariff rhetoric, and upcoming inflation data for cues. In the US markets, the Dow Jones slipped 0.45 per cent, S&P 500 0.25 per cent, and Nasdaq Composite declined 0.30 per cent. Asian markets were mostly higher in the green. Japan's Nikkei reached record level, surging 2.46 per cent. China's Shanghai Composite gained 0.41 per cent and the Shenzhen Composite added 0.19 per cent. Hong Kong's Hang Seng Index was flat, and South Korea's Kospi gained 0.40 per cent. On Monday, foreign institutional investors (FIIs) sold equities worth around Rs 1,200 crore, while domestic institutional investors (DIIs) were net buyers of Rs 5,972 crore worth of equities.
