Vodafone Idea Rallies Post ₹3,300 Cr Funding Boost

Vodafone Idea's stock experienced a notable upswing, closing higher for the second consecutive session on December 19, 2025, at ₹12 per share. This rise follows the company's successful fundraising of ₹3,300 crore via secured non-convertible debentures through its subsidiary, Vodafone Idea Telecom Infrastructure Ltd. These funds are intended to bolster the company's capital expenditure program and overall business growth, indicating a strategic move towards strengthening its operational capacity.

The telecommunications firm, which has been navigating significant financial challenges, is emerging from a period of heightened risk. This debt issuance occurred just eight weeks after the Supreme Court's intervention regarding its substantial dues to the central government, which amounted to ₹2 trillion. A portion of these dues, ₹78,500 crore, specifically relates to Adjusted Gross Revenue (AGR) liabilities as of late September, with the remainder largely comprising spectrum purchase payments.

In a testament to improving market sentiment, Vodafone Idea's shares have surged approximately 96% since touching a two-year low in August. This recovery is attributed to stronger-than-expected September-quarter financial performance, prospects of future tariff increases, and the Supreme Court's directive for the government to consider relief on outstanding dues. The stock now comfortably trades above its Follow-on Public Offer (FPO) price of ₹11, with analysts predicting further upward movement.