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Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding, as highlighted by analysts.
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In the Nifty 50 pack, five stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on November 13, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
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Hero MotoCorp Share Price: Hero MotoCorp is set to announce its second-quarter earnings, with analysts predicting a 9% year-on-year revenue increase driven by higher sales volumes and average selling prices. Improved product mix and cost control measures are expected to boost EBITDA margins. Experts attribute the positive outlook to the launch of new premium motorcycles and a surge in export volumes.
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News and Media
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