Vodafone Idea shares in focus after Kumar Mangalam Birla buys stake from open market

Shares of Vodafone Idea Ltd. will be in focus on Monday, February 9, after promoter Kumar Mangalam Birla picked up additional shares in the company over the last week.

KM Birla bought a total of 4.09 crore shares between January 30 and February 1 from open market.

Of this, 2.21 crore shares were acquired on January 30 at an average price of ₹10.95 per share, while another 1.88 crore shares were picked up on February 1 at ₹11.13 per share.

The purchases together account for around 0.03% of the company's outstanding equity.

As of December 2025, KM Birla held a 0.02% stake in Vodafone Idea, or about 1.94 crore shares, while promoters collectively own 25.5% in the telecom operator.

The fresh buying comes at a time when the stock has cooled off from recent highs, raising the question of whether the move reflects a renewed vote of confidence from the promoter.

Vodafone Idea shares ended 0.8% lower on Friday at ₹11.15, with the current market price around ₹11.12.

The stock is now down nearly 13% from its 52-week high of ₹12.8, which it touched in December following relief on AGR dues.