Tue Apr 01 04:40:00 UTC 2025: ## ITC Closes Slightly Down, Vodafone Idea Sees Government Equity Conversion

**Mumbai, April 1, 2025** – ITC Ltd. shares closed at ₹409.8 on March 28th, 2025, ending the trading session slightly below its intraday high of ₹415.6. The stock saw a low of ₹408.2 during the day. The company’s market capitalization stood at ₹5128.29 crore. Over the past 52 weeks, ITC shares have ranged from a high of ₹528.55 to a low of ₹391.5. Trading volume on the Bombay Stock Exchange (BSE) reached 852,982 shares on March 28th. *Note: This information is based on AI-generated market data and should not be considered financial advice.*

Meanwhile, Vodafone Idea (Vi) remains a significant market focus following the government’s approval to convert ₹36,950 crore of the company’s spectrum dues into equity. This conversion, in line with 2021 telecom relief measures, will result in the issuance of 3,695 crore shares at ₹10 per share. Analyst opinions are divided, with Motilal Oswal recommending a reduction in exposure, while Citi projects a 70% upside and has raised its target price.

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