Vodafone Idea Share Price Jumps Nearly 5% After Promoter Kumar Mangalam Birla Buys Shares; Should You Buy Vi?

Vodafone Idea (Vi) shares witnessed a sharp rally on Monday, February 9, climbing nearly 5 percent after fresh disclosures revealed that promoter Kumar Mangalam Birla has increased his stake in the telecom operator through open market purchases.

Vodafone Idea Share Price Today

Vodafone Idea Ltd shares on the National Stock Exchange (NSE) was trading at Rs 11.57 at around 2:20 pm, registering a gain of Rs 0.45 or 4.05 percent for the day. The stock opened the session at Rs 11.30 and moved higher through the day, touching an intraday high of Rs 11.62. Selling pressure remained limited, with the day's low recorded at Rs 11.23.

Vodafone Idea remains well above its 52-week low of Rs 6.12, highlighting a sharp recovery over the past year. However, the stock is still trading below its 52-week high of Rs 12.80.

Kumar Mangalam Birla Raises Stake in Vodafone Idea

Kumar Mangalam Birla acquired additional shares of Vodafone Idea across two trading sessions, according to market data cited by CNBC-TV18. He purchased 2.21 crore shares on January 30, followed by another 1.88 crore shares on February 1, taking the total acquisition to 4.09 crore shares.

The stake increase comes at a time when Vodafone Idea continues to navigate financial and operational challenges in a highly competitive telecom market. As per the company's shareholding pattern for the quarter ended December 31, 2025, Kumar Mangalam Birla held a 0.02 percent stake in the company. The combined promoter and promoter group holding stood at 25.57 percent, while public shareholders accounted for the remaining 74.43 percent.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.