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HomeSTOCKSShare Price Only ₹13; Company Is Preparing To Raise Funds Through Both...

Share Price Only ₹13; Company Is Preparing To Raise Funds Through Both Equity And Loan

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Vodafone Idea Ltd (NSE: IDEA): Vodafone Idea’s shares are rising due to the ongoing investor meeting. 

In the company’s information published on the exchange, it was stated that officials had held discussions with institutional investors on Wednesday in Singapore. 

Mumbai will be holding a meeting on this topic on Thursday and Friday.

The company’s board approved the raising of Rs 45,000 crore last month. The company intends to raise money via equity and loans. 

The company is preparing to raise Rs 20,000 Crore from existing investors.

Akshay Mundra, CEO of Vodafone Idea (V), recently stated that the company will be able to fully understand the technology by the time it offers 5G services. This is difficult for the other telcos. It remains challenging.

Vi reported a net loss of Rs 6985 crores for the third quarter of FY 2024. This is a decline of 12.5 percent. 

Mundra told analysts Tuesday, one day after the results had been announced, that the company was expected to earn Rs 7 after raising capital and could start 5G services within 8 months.

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₹ 64,738 Cr.
Current Price₹ 13.45
52-wk High₹ 18.40
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%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

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.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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