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Share Price ₹13; After This Report Investors Panicked; Possibility Of A Big Crash?

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Vodafone Idea Ltd (NSE: IDEA): Today, in this post we’ll discuss about Vodafone Idea latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Shares of private sector telecom company Vodafone Idea are functioning in the red today. There is the possibility that this stock will decline significantly in the future.

Global brokerage firm has released a new report on Vodafone Idea, in which this possibility has been expressed.

Brokerage firm has set a target price of ₹ 5 per share with a Sell rating on Vodafone Idea shares. None of the 17 analysts tracking Vodafone Idea have given a Buy opinion on this stock. 14 analysts have given the opinion of Sell and only 3 have given the opinion of Hold.

Now they says that Vodafone Idea has lost 17 lakh subscribers in the last 12 months. The company’s capex in the first 9 months of FY24 has been only ₹ 1300 crore, which is considered very low. 

However, the company is preparing to raise funds worth ₹20,000 crore and this may provide a capex boost. Apart from this, the board has approved a preferential allotment of ₹ 2080 crore to the unit of Birla Group.

The company will issue 139.5 crore equity shares to Oriana Investments, the issue price of which is ₹ 14.87 per share. The company will get approval for this from the shareholders on May 8. 

But, even after this, there is no hope of major improvement in the financial condition of the company because the annual spectrum and AGR dues for the business year 2025-26 are still pending.

So far this year, this stock has seen a decline of up to 25%. But, this stock has shown a growth of 15% in the last 6 months. 

Whereas, in the last year, the share of Vodafone Idea has increased by 106% i.e. more than double. The stock’s 52-week low is ₹6 and 52-week high is ₹18.40 per share.

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₹ 62,943 Cr.
Current Price₹ 12.9
52-wk High₹ 18.4 
52-wk Low₹ 6.00
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 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
Mar 202350.36%
June 202350.36%
Sept 202350.36%
Dec 202350.36%
Mar 202448.91%
FII Holding
Mar 20232.28%
June 20232.29%
Sept 20232.46%
Dec 20232.27%
Mar 20242.03%
DII Holding
Mar 20230.54%
June 20230.73%
Sept 20231.80%
Dec 20233.05%
Mar 20242.41%
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Govt. Holding
Mar 202333.18%
June 202333.18%
Sept 202333.18%
Dec 202333.18%
Mar 202432.23%
Public Holding
Mar 202313.64%
June 202313.44%
Sept 202312.19%
Dec 202311.14%
Mar 202414.42%

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. 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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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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