Overview

• Vodafone Idea share price rose 1.12% to Rs. 9.94. The stock moved between Rs. 9.76 and Rs. 10.08 till afternoon on Jan 28.

• The company’s Q3 net loss narrowed to Rs. 5,286 crore, while ARPU improved to Rs. 186.

• Despite the promising Q3 results, high debt of Rs. 1.25 lakh crore and weak charts capped upside momentum for the sock.

Vodafone Idea's share price went up 1.12% to Rs. 9.94 at press time. The stock opened slightly higher at Rs. 9.93,  compared with the previous close of Rs. 9.83. It moved within a range of Rs. 9.76 to Rs. 10.08 till 2 PM on Jan 28. The hike came after the company reported a narrower net loss for the December quarter in its Q3 results. The news offered some relief to investors after months of pressure, boosting sentiment.

Let’s explore an in-depth Vodafone share price analysis based on Moneycontrol data to understand where it’s heading next.

Vodafone Q3 Results Boost Investor Optimism

Vodafone Idea reported a net loss of Rs. 5,286 crore for the quarter ended December 2025. The telecom giant’s revenue also increased marginally to Rs. 11,323 crore, helped by a steady rise in average revenue per user (ARPU). ARPU was up at Rs. 186, compared with Rs. 180 in the prior quarter, reflecting better tariff realisation.

At the operating level, EBITDA rose to Rs. 4,817 crore, while margins improved to 42.5%, showing better cost control. However, the company continued to face pressure on the subscriber front, as it lost 3.8 million users during the quarter. Its total subscriber base now stands at 192.9 million.

Debt and Financial Obligation Concerns

Despite the improvement in quarterly numbers, Vodafone Idea continued to carry a heavy debt burden. As of December-end, the company’s deferred spectrum payment obligations stood at around Rs. 1.25 lakh crore. This was excluding AGR dues. In addition, bank debt remained above Rs. 4,400 crore, with scheduled repayments due by December 2026.

Aditya Birla Group Chairman Kumar Mangalam Birla said that recent clarity around the AGR issue had changed the operating environment. It has allowed Vodafone to focus on long-term growth rather than survival.

Technical View Remained Weak

From a technical standpoint, analysts stayed cautious despite the day’s gains. Anshul Jain, Head of Research at Lakshmishree Investments, warned that the stock had broken an important support level. He added that failure to hold support levels could expose the stock to deeper downside toward Rs. 7.50.

“Vodafone Idea share price has decisively broken below its major support zone of Rs. 10.47. Sustaining below this level increases the probability of further downside, with the next demand zone near Rs. 8.76. Any bounce should be treated as corrective unless the stock reclaims key broken levels decisively,” Jain said in a Mint report.

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Long-Term Performance

Vodafone shares had fallen 16% over the past month. Although the stock had jumped over 40% in the last six months. It had gained 11% in one year but was down 31% over two years, reflecting ongoing business challenges. Even with the day’s gains, the stock was trading well below its 52-week high of Rs. 12.80.

Vodafone Idea share price chart on Moneycontrol showed gains of 1.12% at the time of writing:

Final Thoughts

Vodafone Idea stock showed signs of recovery in the stock market today. However, profitability challenges remain in the long run. While the company is losing less money and making more from each user, the fact that millions of people are still leaving the network is a big red flag. With a mountain of debt still waiting to be paid, the company needs more than just a decent three-month report to truly turn things around.

It appears that Vodafone Idea is currently struggling to stay above key levels. It means that the recent price jump might just be a temporary boost rather than a permanent comeback. Until the company can stop losing users and find a way to pay off the debt, its future looks bleak.

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FAQs

1. Why did Vodafone Idea share price go up today?

The stock price increased because the company announced a smaller loss this quarter, easing worries about short-term money problems. A better average revenue per user, improved profit margins, and steady revenue suggest they're starting to control expenses, which encouraged some buying even though the business still faces big problems.

2. What were the highlights of Vodafone Idea's Q3 results?

The good news is the company had a smaller loss, increased its average revenue per user, and achieved better profit margins, which shows they're running things better. But they're still losing subscribers, and revenue isn't growing much, so while things are getting better, they haven't fully bounced back.

3. Why are experts still being careful about Vodafone shares?

Experts are still cautious because the stock is still below important technical levels and the company still has a lot of debt. One good day doesn't change the big picture, especially when they're still losing subscribers and have to pay back a lot of money.

4. How does Vodafone Idea’s debt affect what the stock might do later?

The company's large payments and loans limit what Vodafone Idea can do with its money. High debt means more interest costs and less money to expand its network. It’s harder to recover fully when the company has to juggle running the business, paying debts, and keeping customers at the same time.

5. What does the technical outlook mean for individual investors?

The technical setup suggests the stock price is weak, trading below important support areas. For individual investors, this means any short-term price increases might run into people selling unless the stock gets back above key levels with strong trading volume.