Vodafone Idea Share Price Jumps 6%: ARPU Growth Boosts Sentiment; Is It the Right Time to Buy?

Vodafone Idea Shares Jump 6% After Q1 FY27 Results

Vodafone Idea share price jumped as much as 6% during morning trade on August 12, 2026, despite weakness in the broader market.

The stock opened at ₹12.92 and climbed to an intraday high of ₹13.70 on the BSE.

The telecom stock was also on track for its fourth consecutive session of gains.

Over the previous four sessions, Vodafone Idea shares gained more than 8%. The stock has risen nearly 4% so far in August and around 16% year-to-date.

According to the source, Vodafone Idea shares have delivered around 108% returns over the past year.

Vodafone Idea Q1 FY27 Results

Vodafone Idea reported an improved performance during the June quarter.

Net Loss: ₹3,754 Crore

Revenue: ₹11,689 Crore

Revenue Growth: 2.4% YoY

EBITDA: ₹5,034 Crore

EBITDA Growth: From ₹4,612 Crore a year earlier

EBITDA Margin: 43.1%

ARPU: ₹195

The company's net loss narrowed significantly from ₹6,608 crore in the corresponding quarter last year to ₹3,754 crore in Q1 FY27.

ARPU Growth Supports Investor Sentiment

One of the key positives from the quarter was the improvement in average revenue per user, or ARPU.

Vodafone Idea's ARPU increased to ₹195, representing a 10.2% year-on-year increase.

The company said this represented the highest ARPU growth in the industry.

The improvement in ARPU has helped strengthen investor sentiment around the telecom company's recovery prospects.

Vodafone Idea Share Price: What Analysts Say

Brokerage views remain mixed following the Q1 FY27 results.

Motilal Oswal

Motilal Oswal maintained a Neutral rating on Vodafone Idea and revised its target price to ₹11.

The brokerage said Vodafone Idea's revival depends on several factors, including

• Sustained tariff hikes
• Stabilisation of wireless subscribers
• More rational competition
• A supportive regulatory environment
• Further relief on spectrum-related dues

Motilal Oswal also raised its FY27–FY28 revenue assumptions slightly, supported by higher ARPU expectations.

JM Financial

JM Financial maintained an Add rating but reduced its target price to ₹14.70 from ₹15.

The brokerage lowered its FY27–FY29 revenue, EBITDA and PAT estimates by around 1–4%, partly factoring in a possible delay in tariff hikes.

Vodafone Idea Technical View

According to technical analysis cited in the source, Vodafone Idea is showing a positive setup on the weekly chart.

The stock is trading above

21-Week EMA: ₹13.25

26-Week EMA: ₹12.44

200-Week MA: ₹10.28

The stock has also moved above the Ichimoku cloud, supporting the positive technical structure.

The RSI stands at 58.29, indicating positive momentum without entering the overbought zone.

The DMI setup is also favourable, with +DI at 27.15 above -DI at 17.63. The ADX reading of 28.07 indicates a reasonably strong trend.

Key Support and Resistance Levels

According to the technical view cited in the source

Immediate Support: ₹12.85–₹12.40

Key Resistance: ₹13.70–₹14.00

A decisive breakout above ₹14 could potentially open the way for further upside, according to the cited technical analyst.

What Could Drive Vodafone Idea's Revival?

The company's future performance could depend on several important factors.

• Improvement in ARPU
• Potential future tariff hikes
• Stabilisation of subscriber trends
• Rational competition in the telecom sector
• Regulatory support
• Relief related to spectrum dues
• Improvement in network and operational capabilities

Sustained improvement across these areas could be important for Vodafone Idea's longer-term turnaround.

Key Risks

Despite the recent recovery, Vodafone Idea continues to face significant challenges.

The company remains loss-making, and its turnaround depends on sustained improvements in revenue and profitability.

The timing of tariff hikes, subscriber trends, competitive intensity and regulatory developments remain important factors to watch.

Investors should also note that a strong short-term share price move does not necessarily confirm a long-term business turnaround.

Key Takeaways

• Vodafone Idea shares jumped 6% to ₹13.70 in morning trade.
• The stock was heading for its fourth consecutive session of gains.
• Q1 FY27 net loss narrowed to ₹3,754 crore.
• Revenue increased 2.4% YoY to ₹11,689 crore.
• EBITDA increased to ₹5,034 crore.
• ARPU increased 10.2% YoY to ₹195.
• Technical support is seen around ₹12.85–₹12.40.
• Resistance is placed around ₹13.70–₹14.00.
• A breakout above ₹14 could signal further upside potential, according to the cited technical view.
• Brokerage opinions remain mixed, with Motilal Oswal maintaining Neutral and JM Financial maintaining Add.

Disclaimer

This article is published solely for educational and informational purposes and should not be considered financial, investment, legal, or tax advice. The information presented is based on publicly available sources and is believed to be accurate at the time of publication; however, TrendRipperX does not guarantee its completeness or accuracy.

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Investments in financial markets are subject to market risks. The analyst views, target prices and technical levels mentioned above belong to the respective analysts or brokerages and should not be treated as recommendations from TrendRipperX.

Readers should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.