Vodafone Idea has received major relief on its AGR dues, with repayments stretched till 2041, significantly easing near-term cash flow pressure and reducing debt in net present value terms.
In an exchange filing, the company said it has received a communication from the Department of Telecommunications (DoT) outlining relief in the long-pending AGR matter.
Benchmark indices could deliver returns of around 12–13 per cent, while investors who pick outperforming mid- and small-cap stocks may see overall portfolio returns of 15–16 per cent in 2026, the market expert told Business Today.
Vodafone Idea is likely to report revenue, reported Ebitda, and cash Ebitda largely flat QoQ, as net subscriber losses of around 35 lakh are expected to offset ARPU growth of 1.1 per cent QoQ to Rs 169.
Vodafone Idea stock surged to a 52-week high of Rs 12.80 on December 31 in anticipation of a waiver in Adjusted Gross Revenue (AGR) dues from the government.
The GST penalty comes as the Union Cabinet approved a relief package for Vodafone Idea.
Stocks including Maruti Suzuki India, MCX, Vodafone Idea, Aurobindo Pharma, NMDC, RailTel Corp, Sapphire Foods and Indian Bank will be in the spotlight on Friday, January 02.
The telecom operator informed exchanges that it would receive around Rs 5,836 crore from UK-based Vodafone Group as part of a re-settlement of a liability claim pact between the two companies.
At 9.31 am, the Vodafone Idea stock was trading 4.46 per cent to hit a high of Rs 11.24 apiece. The scrip is up 30.60 per cent in the past three months against an 11.62 per cent rise in the BSE Telecommunication index.
Stocks including Adani Enterprises, Canara Bank, Vodafone Idea, IRFC, Hyundai Motor, NBCC India, Ola Electric, NCC and more will be in the spotlight on Thursday, January 01.
Vodafone Idea: Contrary to expectations of at least a 50 per cent waiver, no waiver on AGR dues was announced. Emkay said the DoT would constitute a committee to reassess AGR dues within six to eight months.
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