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Informist, Tuesday, Oct. 7, 2025

 

By Anjana Therese Antony

 

MUMBAI – Some upside bets were placed in the options chain of Vodafone Idea after data released by the Telecom Regulatory Authority of India Monday showed the company net lost 308,984 users in August versus 359,199 lost in July. Premiums on some out-of-the-money call options almost doubled and those on put options nearly halved. The stock is likely to test the INR 11 resistance level in the near term, while the support is seen at INR 8-INR 7, according to derivatives analysts.

 

Shares of the company Tuesday closed over 8% higher at INR 9.18 on the National Stock Exchange. The stock was the top gainer in the Nifty 200 index. The stock hit a near eight-month high of INR 9.27 during the day. However, it is still down 93% from the record high of INR 123.22 it had hit on Apr. 17, 2015. More than 1.4 billion shares of the company changed hands on the National Stock Exchange Tuesday, up 13% from Monday. This was also higher than the one-month daily average volume of nearly 970 million shares.

 

In the options chain of Vodafone Idea, premiums on INR 10-INR 12 call options expiring on Oct. 28 rose 80-100% while those on put strikes INR 9-INR 7 fell 45-67%. The highest addition of open interest was at INR 11 call strike and INR 8 put option. The maximum concentration of open interest was at INR 10 call and INR 7 put.

 

On Monday, the Supreme Court deferred the company's petition to quash telecommunications department's additional adjusted gross revenue, or AGR, demand of INR 94.50 billion till 2018-19 (Apr-Mar). The company has also filed an application with the apex court seeking exemption from paying interest, penalty, and interest on penalty on the principal amounts of AGR dues.

 

--Nifty 50 October closed at 25229.00, up 43.60 points; 120.70-point premium to the spot index

--Nifty 50 November closed at 25361.00, up 46.80 points; 252.70-point premium to the spot index

--Nifty 50 December closed at 25519.60, up 47.10 points; 411.30-point premium to the spot index

 

HDFC Bank, ICICI Bank, Reliance Industries, Infosys, Tata Consultancy Services, Trent, BSE, Vodafone Idea, Axis Bank, State Bank of India, Tata Motors, Bharti Airtel, Jio Financial Services, Kotak Mahindra Bank, Bajaj Finance, Hindustan Petroleum Corp., Indraprastha Gas, and Federal Bank were the most active underlying stocks on Tuesday.  End

 

Edited by Ashish Shirke

 

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