Vodafone Idea Share Price Rises 5% as Stock Market Today Reacts to Promoter Stake Purchase

Vodafone Idea Share Price Rises 5% as Stock Market Today Reacts to Promoter Stake Purchase

Market Performance: Vodafone Idea Share Price in Stock Market Today

Vodafone Idea share price saw strong upward movement in the stock market today, rising nearly 5% during the trading session on February 9.

The stock touched ₹11.62 per share, marking its highest level since January 9. This move also helped the stock break a three-session losing streak, bringing fresh momentum into the counter after recent weakness.

The rise in Vodafone Idea share price stood out amid broader market activity, as investors focused on developments linked to the company’s promoter holding.

Main News: Promoter Kumar Mangalam Birla Buys Additional Stake

The key trigger behind today’s rally in Vodafone Idea share price was fresh data showing promoter Kumar Mangalam Birla buying additional shares from the open market.

According to publicly available market data:

  • 2.21 crore shares were bought on January 30
  • 1.88 crore shares were purchased on February 1
  • Total shares acquired: 4.09 crore

At the previous closing price of ₹11.12 per share, the combined value of these purchases worked out to approximately:

  • ₹45,481 crore

This buying activity drew attention across the stock market today, as promoter participation often acts as a sentiment indicator for market participants.

Company Details: Vodafone Idea Shareholding Snapshot

As per the company’s disclosed shareholding pattern dated December 31, 2025, the ownership structure of Vodafone Idea stood as follows:

  • Kumar Mangalam Birla individual stake: 0.02%
  • Promoter and promoter group holding: 25.57%
  • Public shareholding: 74.43%

The recent open-market purchase adds to the promoter group’s visibility in the stock, which became a focal point for investors tracking Vodafone Idea share price movements in the stock market today.

Why Vodafone Idea Share Price Moved Higher Today?

While no new operational numbers were announced, the market responded to a mix of clear signals:

  • Promoter participation through open-market buying
  • Price recovery after recent sessions of decline
  • Strong intraday interest around a key price zone

These factors combined to push Vodafone Idea share price higher during today’s session without any company-led guidance or forward-looking commentary.

Summary: What the Market Took Away?

Vodafone Idea share price gained nearly 5% in the stock market today after disclosures showed additional stake purchases by promoter Kumar Mangalam Birla.

The stock hit ₹11.62, its highest level in a month, and ended a three-day losing run. While there were no fresh financial or operational updates, promoter buying alone was enough to shift sentiment for the day.

For now, Vodafone Idea remains a closely tracked counter, with market participants watching how ownership developments continue to influence price action in the sessions ahead.

Source: Moneycontrol

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