Vodafone Idea said the equity shares will be issued to the Government at par value of Rs 10 per share, subject to final confirmation by the DoT.
In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.
The markets began the first week of the new year on a solid note, hoping that rising cases may not lead to further lockdowns
At present, 359 companies are listed on the BSE SME platform
Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent
The stock has broken out on the daily chart with higher volumes to close at highest level since December 14.
Despite the stellar run in 2021 that saw most global equity markets record healthy gains, we remain bullish on equities for 2022, says Nishant Srivastava
Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant
Piyush Goyal on Wednesday called for transparency and the highest level of integrity in the stock markets
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.
The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.
Stocks like Asian Paints, Astral, Balrampur Chini, Birlasoft, Carborundum Universal, eClerx, Infosys, Max Healthcare, Tube Investments and Torrent Pharma and others are trading at life-time highs
Between Jan-Nov 2021, equity funds saw net inflows of around Rs 71,600 cr, while FPIs remained net buyers to the tune of 24,143 cr
The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5
While the price of most newly issued stocks has risen since their IPOs, the benchmark gauge of developing-economy stocks just wrapped up its worst year since 2018
In what turned out to be a historic year, the Indian stock indices went past multiple milestones and the 30-share Sensex made an annual gain of 10,502.49 points or 21.99 per cent in 2021
At the NSE, it made its debut at Rs 220.20, a premium of 1.94 per cent
Beating pandemic-blues, the Indian equity market posted stunning gains this year
The Nifty gained 150 points, and was up 24.1 per cent for the year; Textile shares logged smart gains today after the GST Council deferred rate hike; Debutant CMS Info Systems witnessed a late rally