ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Vodafone Idea share price surges 12 pc after ratings upgrade

Mumbai (Maharashtra) [India], February 2 (ANI): Share price of Vodafone Idea soared nearly 12 per cent on Wednesday after Care Ratings Limited upgraded its ratings and outlook of the debt-ridden telecom operator.

ANI Feb 02, 2022 14:25 IST googleads

Representative Image

Mumbai (Maharashtra) [India], February 2 (ANI): Share price of Vodafone Idea soared nearly 12 per cent on Wednesday after Care Ratings Limited upgraded its ratings and outlook of the debt-ridden telecom operator.
Trading in Vodafone Idea share started sharply higher at Rs 11.01. The scrip surged to a high of Rs 11.95 in the morning trade at the BSE, which is 11.78 per cent higher when compared with its previous day's close at Rs 10.69.
At 2.09 pm, the scrip was trading at 7.76 per cent higher at Rs 11.52.
Earlier, in a regulatory filing to the stock exchanges Vodafone Idea said "Care Ratings Limited (CARE), has upgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures".
The Long Term Bank Facilities and Non-Convertible Debenture ratings have been upgraded to B plus from B minus. The outlook has been upgraded to 'stable' from 'Credit Watch with Negative Implications'.
"Additionally, new rating of CARE A4 has been assigned by CARE for Short Term Bank facilities," Vodafone Idea said. (ANI)

Get the App

What to Read Next

Business

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

New Delhi [India], March 12: The team behind the upcoming women-centric film Calendar unveiled the trailer during a press conference in Mumbai on March 12, 2026. They took the opportunity to share insights about the project and its concept with the media.

Read More
Business

Seven more districts added in 6th phase of mandatory hallmarking

Seven more districts added in 6th phase of mandatory hallmarking

The move is part of the phased implementation of mandatory hallmarking being carried out by the Bureau of Indian Standards to ensure the purity of gold jewellery and protect consumer interests.

Read More
Business

inDrive Launches Ride XL Category in Chandigarh

inDrive Launches Ride XL Category in Chandigarh

Chandigarh [India], March 12: inDrive, the global mobility and urban services platform known for its fair-price model and user-first approach, today announced the launch of inDrive Ride XL in Chandigarh. The new category introduces spacious 6-seater vehicles, designed to make group travel, family outings, airport transfers, and intercity journeys more comfortable while allowing passengers to negotiate and agree on a fair fare directly with drivers.

Read More
Business

India: CPI inflation rises to 3.21% in February 2026

India: CPI inflation rises to 3.21% in February 2026

India's Consumer Price Index or retail inflation in February was recorded at 3.21 per cent, official data showed on Thursday.

Read More
Business

Advancing Minimally Invasive Cardiac Care

Advancing Minimally Invasive Cardiac Care

Bengaluru (Karnataka) [India], March 12: Narayana Health City has successfully completed over 100 robotic cardiac surgeries in a single month, marking a significant milestone in advanced heart care. The achievement reflects not only exceptional surgical expertise and clinical precision, but also the seamless integration of cutting-edge robotic technology to deliver consistently strong patient outcomes across adult and paediatric cases.

Read More
Business

World Kidney Day: Understanding Kidney Health Before

World Kidney Day: Understanding Kidney Health Before

New Delhi [India], March 12: On the occasion of World Kidney Day, leading kidney experts from across India come together to highlight the growing importance of kidney health and early awareness. As kidney diseases often progress silently without noticeable symptoms in the early stages, timely screening and preventive care are essential. Through their insights, these specialists emphasize the need for healthier lifestyles, regular health monitoring, and greater public awareness to help people protect their kidneys before serious complications arise.

Read More
Business

Livasa Hospitals to Enter Ludhiana with 368-Bed Multi-Speciality

Livasa Hospitals to Enter Ludhiana with 368-Bed Multi-Speciality

Ludhiana (Punjab) [India], March 12: Livasa Hospitals announces its expansion into Ludhiana with the development of a 368-bed multi-speciality tertiary care hospital, marking a significant step in strengthening its healthcare network across Punjab. The new facility will support Livasa's long-term vision of expanding its healthcare footprint to nearly 2,000 beds and improving access to advanced medical care for patients across the region.

Read More
Business

'Iran conflict amplifies insurance risk, but losses manageable'

'Iran conflict amplifies insurance risk, but losses manageable'

Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody's Ratings.

Read More
Business

Jindal Steel Declared Preferred Bidder

Jindal Steel Declared Preferred Bidder

Bhubaneshwar (Odisha) [India], March 12: Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district. The iron ore block spans approximately 84 hectares. Following the successful conclusion of the online auction, Jindal Steel has committed to a final price offer of 111.15 per cent premium to the Government of Odisha.

Read More
Business

motorola edge 70 fusion Goes on Sale

motorola edge 70 fusion Goes on Sale

New Delhi [India], March 12: Motorola, a global leader in mobile technology and innovation and India's leading AI smartphone brand#, today announced the sale of the motorola edge 70 fusion, bringing breakthrough camera innovation, immersive visuals, intelligent AI experiences, and massive battery life to the mid-premium smartphone segment. Starting today, consumers can purchase the device from 12PM onwards on Flipkart, Motorola.in, and leading retail stores across India, at an effective launch price starting at just Rs. 24,999*.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.