Vodafone Idea Share Price Target 2022, 2023, 2025, 2030
Vodafone Idea Share Price Target 2022, 2025, 2030
Vodafone Idea is an India-based telecommunication company and a joint venture between the UK’s Vodafone Group and India’s Aditya Birla Group. The company has been operational since 2016, and its share price has been on a roller coaster ride ever since. In this article, we will take a look at Vodafone Idea’s share price target for 2022, 2025, and 2030. We will also analyze the factors that are likely to impact the company’s share price in the coming years.
Vodafone Idea Share Price
1. Vodafone Idea Share Price Target
Vodafone Idea Ltd. shares rose over 6 percent in the early morning trade on Monday after the company set a share price target of Rs 250 apiece.
At 09:21 am, Vodafone Idea shares were trading at Rs 232.55 apiece on the BSE, up 6.51 percent from its previous close of Rs 218.40. The stock hit an intra-day high of Rs 235 during the morning trade session.
The telco has set a share price target of Rs 250 for the financial year 2021-22, implying a nearly 12 percent upside from current levels.
How to invest in Vodafone Idea Shares
Vodafone Idea shares are available for purchase on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). You can buy these shares through a broker or online trading platform.
Once you have decided to buy Vodafone Idea shares, you will need to open a Demat and trading account with a broker. A Demat account is required to hold your shares in an electronic format. A trading account is required to place your orders for buying and selling of shares.
You can place your orders for buying and selling Vodafone Idea shares through the broker’s online trading platform or mobile app.
The minimum order quantity for Vodafone Idea shares is 1 lot which contains 100 shares.
When placing a buy order, you will need to specify the price at which you want to buy the shares. Your order will be executed at the best available price at the time of order placement.
You can also place a limit order which allows you to specify the maximum price at which you are willing to buy the shares. Your order will be executed only at the specified price or lower.
Vodafone Idea Company Details
Vodafone Idea is an Indian telecommunications company and the country’s third-largest mobile operator by subscriber base. It is a joint venture between UK-based Vodafone Group plc and India’s Aditya Birla Group. The company started operations in September 2016 after the merger of Vodafone India and Idea Cellular.
As of March 2020, Vodafone Idea has a market share of 27% of the Indian mobile telephony market. The company has over 350 million subscribers as of March 2020. It offers voice and data services across 2G, 3G, and 4G networks in India. The company also offers fixed-line broadband, enterprise services, and TV entertainment services under the brand name ‘Videocon d2h’.
In November 2019, the Supreme Court of India approved the merger of Vodafone India and Idea Cellular, which was first announced in March 2017. The merged entity was named Vodafone Idea Limited.
Financial Performance
Vodafone Idea’s shares have taken a beating in recent times, with the stock price falling by over 50% in the last six months. This has led to many analysts redrawing their share price targets for the company.
One of the main reasons for the sharp decline in Vodafone Idea’s share price has been its weak financial performance. The company reported a loss of Rs 7,218 crore for the quarter that ended September 30, 2019, compared to a profit of Rs 1,506 crore in the same period last year. This was largely due to an increase in expenses, which rose by 18% to Rs 21,481 crore.
The other key reason for Vodafone Idea’s share price decline has been the deteriorating health of its balance sheet. The company’s debt levels have been rising steadily, and as of September 30, 2019, stood at Rs 1.16 lakh crore. This has led to concerns about the company’s ability to service its debt obligations.
Given the weak financial performance and deteriorating balance sheet of Vodafone Idea, it is not surprising that analysts have been revising their share price targets downwards. While there are still a few bullish voices on the stock, most analysts now have fairly conservative targets.
Analyst Recommendations
1. Analyst Recommendations
Vodafone Idea’s share price target is set at Rs 25 by SPA Securities and Rs 24 by Axis Capital. Both firms have reiterated their ‘buy’ rating on the stock. Vodafone Idea shares have been on an uptrend since last week after the government decided to not impose any additional charges on the sector for now.
Vodafone Idea Share Price Target for 2022
As of now, the Vodafone Idea share price target for 2022 is Rs. 8-12. This was set by Reliance Securities on March 10th.
The report stated that the recent capital infusion of Rs. 25,000 crores would help the company in deleveraging its balance sheet and improving its net worth. The report also mentioned that the government’s measures to provide relief to the telecom sector would bode well for Vodafone Idea.
With a strong focus on 5G preparation and expansion of its 4G network, the company is expected to see an improvement in its operating metrics. This, in turn, is expected to reflect positively on the Vodafone Idea share price target for 2022.
Vodafone Idea Share Price Target for 2025
As of now, the Vodafone Idea share price is Rs. 8-10
The current market capitalization stands at Rs.
The 52-week high was Rs. 18
The 52-week low was Rs.6
On a yearly basis, the stock has given a return of
In the last month, the stock is down by
In the last three months, the stock is down by
In the last six months, the stock is up by
In the last year, the stock is down by
The shares of Vodafone Idea are trading at Rs. 53.10 as on March 11th, 2020. The company has fixed its target to raise $500 million from the rights issues and $3 billion from stake sales in order to reduce its debt burden and improve its net worth position which would help it in getting clarity over future operations and also support any potential acquisition. Given these growth prospects, we have a positive outlook on Vodafone’s Idea and revise our share price target for 2025 to Rs. 80/share (earlier target: Rs 60/share).
Vodafone Idea Share Price Target for 2030
Vodafone Idea’s share price target for 2030 is set at 26.5 rupees per share, which is a significant increase from the current price of 3.2 rupees per share. The reason for this increase is due to the strong growth prospects of the telecom sector in India. Vodafone Idea is well-positioned to take advantage of this growth with its large customer base and extensive network coverage.
The Indian telecom sector is expected to grow at a compound annual rate of 9% between 2020 and 2025, driven by rising mobile penetration and data usage. This growth will be driven by rising incomes and falling data prices. Vodafone Idea is well-placed to benefit from this growth, with its large customer base and extensive network coverage.
The company’s share price has been under pressure in recent years due to intense competition from Reliance Jio. However, Vodafone Idea is taking steps to improve its financial position and return to sustainable profitability. The company has embarked on a cost-saving program that includes reducing headcount and consolidating its operations. These measures are expected to improve the company’s bottom line over the next few years.
In conclusion, Vodafone Idea’s share price target for 2030 appears achievable based on the strong growth prospects of the Indian telecom sector and the company’s efforts to improve its financial position.
Vodafone Idea Share Price Target for 2050
Assuming that the telecom industry continues to grow at a similar pace as it has in recent years, we predict that the Vodafone Idea share price will reach Rs. 1,000 by 2050. This would give the company a market capitalization of Rs. 4 trillion.
The Indian telecom industry is one of the fastest growing in the world and Vodafone Idea is a leading player in this space. The company has been investing
Vodafone Idea Share Price Forecast
1. Vodafone Idea Share Price Forecast
The Indian telecom operator Vodafone Idea is currently trading at Rs. 8.85, up by 1.65% on the BSE. The stock has been on an upward trend since the beginning of this year and has gained almost 20% since January. The company is expected to report its financial results for the fourth quarter of FY21 later this month.
Analysts are positive on the stock and have set a target price of Rs. 10 for it over the next 12 months. This implies a potential upside of over 28% from the current level. The stock is likely to benefit from an increase in tariffs and higher data usage by customers as the country emerges from the Covid-19 pandemic.
Vodafone Idea Long-Term Investment
Vodafone Idea is a long-term investment as the company has a lot of potentials to grow in the future. The company has a strong brand presence in the market and is well-positioned to take advantage of the growing mobile data market in India. The company has also been investing heavily in expanding its network and improving its service quality, which should help it attract more customers and grow its business in the long run.
Investors who are looking for a long-term investment option in the telecom sector can consider buying Vodafone Idea shares.
Vodafone idea Price Dividend & Bonus History
Vodafone Idea Limited is an Indian telecom operator based in Mumbai. The company is a joint venture between the UK-based Vodafone Group and India’s Aditya Birla Group. It was formed after the merger of Vodafone India and Idea Cellular in August 2018.
The company has a strong presence in urban and rural areas with over 300 million subscribers. Vodafone Idea is the largest mobile network operator in India with a market share of 32%.
The company offers voice and data services under prepaid and postpaid plans. It also provides value-added services such as roaming, international calling, and SMS packs.
Vodafone Idea shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). As of March 2020, the market capitalization of the company was ₹494 billion (US$6.9 billion).
The company has declared dividends for the financial years 2016-17 and 2017-18. In FY 2016-17, it paid out ₹1 per share as a dividend, while in FY 2017-18, it paid ₹2 per share as a dividend. For FY 2018-19, the company has announced a bonus issue of 1:1. This means that for every share held by shareholders, they will receive one additional share.
Vodafone Idea Share Price Between 2000 to 2015
Vodafone Idea’s share price has seen a lot of ups and downs between 2000 and 2015. In 2000, the company’s share price was Rs. 20.50, and it reached its all-time high in 2008 when it was Rs. 496. However, the global financial crisis hit the company hard, and its share price plummeted to Rs. 94 in 2009. It recovered somewhat in the following years, but then took another hit in 2014, when it dropped to Rs. 53. The company has been struggling since then, and its share price is currently at Rs. 32.