Vodafone Idea spurts on entering into strategic partnership with Sun TV Network
Vodafone Idea is currently trading at Rs. 31.70, up by 0.60 points or 1.93% from its previous closing of Rs. 31.10 on the BSE.
The scrip opened at Rs. 31.00 and has touched a high and low of Rs. 31.90 and Rs. 30.60 respectively. So far 173689 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.00 on 31-Jan-2018 and a 52 week low of Rs. 29.30 on 28-Jan-2019.
Last one week high and low of the scrip stood at Rs. 35.10 and Rs. 29.30 respectively. The current market cap of the company is Rs. 27167.05 crore.
The promoters holding in the company stood at 71.33%, while Institutions and Non-Institutions held 18.44% and 10.24% respectively.
Vodafone Idea has entered into strategic partnership with Sun TV Network, in a bid to strengthen content offering in southern India. The partnership will offer customers of Vodafone Idea access to Sun NXT's, Sun TV Network's over-the-top platform, exclusive digital content.
Sun TV Network's OTT platform, Sun NXT which caters to Tamil, Telugu, Kannada and Malayalam audiences having over 50,000+ hours of content, will be accessible to Vodafone Idea customers.
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing a world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.
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