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HomeSHARE MARKET₹13 Company Share; Announced To Sell Its Business; What Will Be The...

₹13 Company Share; Announced To Sell Its Business; What Will Be The Effect?

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Vodafone Idea Ltd (NSE: IDEA) Share: Shares of telecom giant Vodafone Idea remained in focus during trading on Friday. The company’s shares saw a rise of up to 2% and its price reached an intraday high of Rs 13.28. 

Here, the company announced that it has arranged to deal to sell the Italian division for Swisscom at eight billion euros ($ 8.7 billion) in cash.

What Did The Company’s Statement Comment On?

The UK company said it planned to pay investors four billion euros after the disposal of Italian and Spanish businesses, which totaled twelve billion euros.

Vodafone CEO Margherita Della Valle stated the agreement in the deal with Swisscom will be “the third and final step in the reshaping of our European operations”.

What Is The Brokerage’s Opinion?

According to the expert, the stock has gained a lot in the last five months. After reaching a low of Rs 13.60, it has once again seen a good decline. 

It is expected to increase further. The brokerage firm has set the next possible target for Vodafone Idea at Rs 17.60 to Rs 19.80. At the end of December 2023, promoters owned 50.36 percent of the business.

Let us tell you that on January 1 this year, it had touched a new 52-week high of Rs 18.42. Let us tell you that in 2015 the price of this share was Rs 118, hence it has fallen by 88% till now.

About Vodafone Idea Ltd 

Vodafone Idea Limited was formed as a joint venture between Aditya Birla Group, and Vodafone Group. The company is India’s biggest telecom service provider.

In India, the company offers voice and data services on a 2G/3G/4G platform. The company’s large spectrum portfolio will support the growing data and voice demand.

It is committed to providing delightful customer experiences, and to creating a truly “Digital India” by enabling millions to connect and create a better future.

The Company is developing infrastructure for newer and more intelligent technologies.

The company is listed on the Bombay Stock Exchange and National Stock Exchange in India.

Fundamental Analysis of Vodafone Idea Ltd

Market Cap₹ 64,014 Cr.
Current Price₹ 13.2
52-wk High₹ 18.4 
52-wk Low₹ 5.70
Stock P/E
Book Value₹ -18.7
Dividend0.00 %
ROCE-3.82 %
ROE
Face Value₹ 10.0
P/B Value
OPM39.9 %
EPS₹ -6.16
Debt₹ 2,40,651 Cr.
Debt to Equity

Vodafone Idea Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 15₹ 19
2025₹ 21₹ 26
2026₹ 27₹ 29
2027₹ 31₹ 34
2028₹ 45₹ 65
2029₹ 70₹ 86
2030₹ 100₹ 154
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 Vodafone Idea Ltd Shareholding Pattern

Promoters Holding
Dec 202274.99%
Mar 202350.36%
June 202350.36%
Sept 202350.36%
Dec 202350.36%
FII Holding
Dec 20223.59%
Mar 20232.28%
June 20232.29%
Sept 20232.46%
Dec 20232.27%
DII Holding
Dec 20221.21%
Mar 20230.54%
June 20230.73%
Sept 20231.80%
Dec 20233.05%
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Govt. Holding
Dec 20220.06%
Mar 202333.18%
June 202333.18%
Sept 202333.18%
Dec 202333.18%
Public Holding
Dec 202220.14%
Mar 202313.64%
June 202313.44%
Sept 202312.19%
Dec 202311.14%

Vodafone Idea Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 37,092 Cr
2020₹ 44,958 Cr
2021₹ 41,952 Cr
2022₹ 38,516 Cr
2023₹ 42,577 Cr
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Last 5 Years’ Net Profit:

2019₹ -14,604 Cr
2020₹ -73,878 Cr
2021₹ -44,233 Cr
2022₹ -28,245 Cr
2023₹ -29,983 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.82
202016.11
2021-4.12
2022-3.08
2023-0.18

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:10%
Current Year:-4%

Sales Growth Over 10 Years:

10 Years:7%
5 Years:8%
3 Years:-2%
Current Year:2%

Conclusion

This article is a complete guide about Vodafone Idea Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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