Vodafone Idea Share Price Today Near Flat After SBI-Led Rs 35,000 Crore Funding Talks; Should You Buy or Sell?

Vodafone Idea Ltd, one of India’s major telecom operators, is back in focus as the company seeks fresh financing to strengthen its network and improve its competitive position in the country’s fiercely contested telecom market. The debt-laden telecom player is now at the centre of renewed funding discussions, with an SBI-led consortium of lenders reportedly examining a proposal of around Rs 35,000 crore.

The development has given Vodafone Idea shares a fresh trigger on Friday, September 11, as investors assess whether additional bank funding could provide the company with greater financial flexibility to accelerate network expansion, improve service quality and strengthen its turnaround prospects.

Vodafone Idea Share Price Today

Vodafone Idea shares were trading at Rs 14.98 at around 11:21 am on Friday, gaining Rs 0.08 or 0.54%. The stock opened at Rs 15.08 and moved between an intraday high of Rs 15.20 and a low of Rs 14.84.

The funding proposal has attracted attention because it could provide Vodafone Idea with much-needed resources at a time when the company is attempting to strengthen its network and compete more effectively with larger rivals.

The stock movement came after reports that a group of lenders led by State Bank of India (SBI) is evaluating a proposal that includes around Rs 25,000 crore of funded facilities and an additional Rs 10,000 crore of non-funded facilities.

SBI-Led Consortium Examining Rs 35,000 Crore Proposal

According to reports, Vodafone Idea is seeking a large financing package to support network expansion, improve service quality and strengthen its market position. The proposal reportedly includes direct loans as well as non-funded facilities such as bank guarantees and letters of credit, which can help the company meet vendor commitments and operational requirements.

However, the process remains at an evaluation stage. Each lender in the consortium will need to assess factors such as credit exposure, repayment capacity, security structure and internal risk parameters before taking a final decision.

Bankers are also understood to be seeking stronger safeguards and repayment protections, highlighting the cautious approach being adopted in view of Vodafone Idea’s existing debt obligations.

The government’s position as the company’s largest shareholder following the conversion of dues into equity has provided some confidence to the market. However, lenders are still expected to evaluate the proposal on commercial viability and cash-flow generation.

Should You Buy Vodafone Idea Stock? Check Top Brokerage’s Recommendation

Global brokerage Jefferies initiated coverage on Vodafone Idea on September 10 and described the stock as a “high-beta turnaround opportunity.” The brokerage assigned a price target of Rs 20, one of the highest targets currently available for the stock.

Jefferies expects Vodafone Idea’s revenues to grow at an 11% compound annual growth rate between FY26 and FY29, supported by subscriber stabilisation and operational improvements. It also estimates that cash EBITDA could grow at a 25% CAGR during the same period.

According to the brokerage, raising around Rs 25,000 crore in debt could help the company manage funding requirements over the next few years, although additional equity infusion may still be required later.

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