The Economic Times daily newspaper is available online now.

    Vodafone Idea stock hits fresh 52-week low ahead of Q1 results

    Synopsis

    Vodafone Idea shares dropped 3.5% to Rs 6.12 ahead of Q1 FY26 earnings, extending a nearly 60% decline over the past year due to financial concerns and mounting losses. Technical indicators, including a broken trendline, RSI at 32.8, and trading below key SMAs, point to continued weakness and bearish momentum.

    Vodafone Idea stock hits fresh 52-week low ahead of Q1 resultsमहाराष्ट्र टाइम्स.कॉम

    Vodafone Idea stock hits fresh 52-week low.

    Vodafone Idea shares extended their decline on Thursday, slipping 3.5% to an intraday low of Rs 6.12, ahead of the company’s Q1 FY26 earnings announcement later today.

    Over the past year, the stock has lost nearly 60% of its value, reflecting prolonged investor concerns around its financial health, mounting losses, and lack of significant turnaround plans.

    The company’s Board of Directors is set to meet on Thursday, August 14, 2025, to consider and approve the unaudited financial results for the quarter ended June 30, 2025.

    On the technical front, Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking, noted that Vodafone Idea has broken its rising trendline on the weekly chart, retested it, and is now consolidating. This pattern, coupled with recent selling pressure, suggests weak sentiment and potential further downside.

    Looking Back: March Quarter Highlights


    In the March 2025 quarter, Vodafone Idea reported a loss of Rs 7,166.1 crore — maintaining its streak of over 10 consecutive quarters of losses. Revenue for the quarter stood at Rs 11,014 crore.

    Investors and analysts will be closely watching the Q1 numbers for any signs of operational improvement or strategic direction that could impact the stock's trajectory.

    Technical Indicators Show Weakness in Vodafone Idea Stock

    The Relative Strength Index (RSI) for Vodafone Idea on the daily chart stands at 32.8. The RSI is a momentum indicator used to assess whether a stock is overbought or oversold. A reading below 30 typically signals the stock is oversold and may be due for a short-term bounce, while a reading above 70 indicates it is overbought. With the RSI hovering just above the oversold threshold, the stock shows signs of continued weakness, though it has not yet entered deeply oversold territory.

    Additionally, the stock is trading below all 8 of its key Simple Moving Averages (SMAs) — from the 5-day to the 200-day SMA — indicating strong bearish momentum. When a stock remains below its short-, medium-, and long-term averages, it reflects persistent selling pressure and a lack of buying support at higher levels.
    Add ET Logo as a Reliable and Trusted News Source


    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in