Shares of Vodafone Idea Ltd fell nearly 7% from intraday highs on Friday, April 25, 2025, after a massive block deal worth ₹823 crore triggered early volatility. The stock, which opened higher at ₹8.21, dropped to ₹7.61 by 10:50 AM, reflecting a 4.04% intraday loss.
According to exchange data, around 103 crore shares, accounting for 1.44% of Vodafone Idea’s total equity, changed hands across 10 trades at an average price of ₹7.98 per share. The identities of the buyer and seller in the deal remain undisclosed.
This block deal comes amid increased institutional interest in the company. Recent shareholding data for the March quarter reveals that domestic mutual funds have raised their stake in Vodafone Idea to 4.5%, up from 3.6% in December. A total of 32 mutual funds now hold shares in the company.
On the retail front, Vodafone Idea now counts 59.06 lakh retail shareholders (with investments up to ₹2 lakh each) as part of its growing investor base.
Meanwhile, the company recently converted ₹36,000 crore of spectrum dues into equity, raising the government’s stake in the telco to 48.99%, further reshaping its ownership structure.
Despite these developments, Vodafone Idea continues to face challenges. According to the latest TRAI data, the telco lost 13.4 lakh subscribers in January 2025, reflecting pressure in maintaining its market share in a competitive telecom landscape.
At the time of reporting, the company’s market capitalization stood at ₹827.74 billion, with over 14.5 million shares traded so far in the session.
