Vodafone Idea shares trade in the red after rising in early session; check Friday's bulk deal details

The bulk deal data on Friday (April 25) evening showed that Nokia Solutions and Networks India has divested nearly 1% of its stake in the debt-saddled telecom operator.

The stock jumped as much as 1.33% to ₹7.57 on the NSE. However, last seen, the stock was trading 0.27% lower at ₹7.45 on the NSE.

According to the bulk deal data on the NSE, Nokia Solutions and Networks India sold 102.70 crore shares, amounting to a 0.95% stake in Vodafone Idea. The shares were sold at an average price of ₹7.65 apiece, taking the aggregate value to ₹785.67 crore.

Meanwhile, global investment firm Goldman Sachs picked 59.86 crore shares, or 0.55% holding, in Vodafone Idea. The shares were acquired at the same price. This took the deal value to ₹457.96 crore.

In June last year, Vodafone Idea announced that it would allocate shares worth ₹2,458 crore to vendors Nokia India and Ericsson India to clear their partial dues.

Pursuant to the issuance of shares, the equity stake of Nokia and Ericsson in the company will be 1.5% and 0.9%, respectively.

On March 30, 2025, Vodafone Idea said in a regulatory filing that the government's stake in Vodafone Idea will increase significantly.

The government's stake will be more than double to 48.99% as the Centre was set to acquire shares worth ₹36,950 crore in place of outstanding spectrum auction dues, the telco said.

"The government is already the single largest shareholder in the battered company with a 22.6% stake, and the fresh move will take its total holding to more than the combined stake of the company's promoter firms – Vodafone and Aditya Birla Group," reports said.

Vodafone Idea stock performance

BSE data show that the telecom stock has rallied 4.33% in the past 30 days as against a 0.55% rise in the benchmark S&P BSE SENSEX.