- By Shreyansh Mangla
- Fri, 05 Sep 2025 05:27 PM (IST)
- Source:JND
VI Share Prices Today: The shares of Vodafone Idea on Friday hit a 10 per cent upper circuit in the stock market, for a third consecutive day. The surge has been attributed to reports that the Centre is seeking an investor for the company in the face of significant debt. The surge in stock prices comes as a relief for the telecom company, which had already been in huge debt, close to Rs 1.99 Lakh crore (approx. USD 24 billion).
VI Share Prices Today: Heavy Trading Volumes Lead To Surge
The VI (NSE: IDEA) stock locked at the upper circuit price of Rs 7.27 apiece. Over 83 crore shares, valued at over Rs 572 crore, were traded today, a higher volume than any reported in the previous 10 days. The stock witnessed considerable growth in the last five days, nearly 11 per cent, and over 5 per cent in the last month. But the long-term trend says otherwise, as its gains in the past six months have declined to 7.5 per cent and over 9 per cent in 2025.
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The surge came on the heels of a report by the Economic Times, citing people familiar with the matter, that the government is searching for a strategic investor to infuse USD 1 billion, or about Rs 8,800 crore, to get a 12 to 13 per cent stake in VI. The report further stated that Aditya Birla Group (Idea) and the UK's Vodafone will have to dilute some of their stakes.
VI's Financial Troubles
The company's AGR (Adjusted Gross Revenue) is approximately Rs 83,400 crore, which is essentially a government debt it has to pay back. VI has planned a payment of Rs 18,000 crore starting in March 2026. The company has time and again stated that its debt depends on external funding, but banks are reluctant to lend due to its already distressed financial position.
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As of now, the company's talks with the lenders have been stalled, and next, it plans to explore non-banking sources for capital expenditure. The company has urged the government to resolve its AGR issues before March 2026 in the hope of reclaiming bank confidence and surviving the debt.
