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Goldman Sachs maintains a sell rating on Vodafone Idea, lowering its target price to Rs 2.40, citing ongoing subscriber losses and weak operational performance.
based on 22 analysts
22.73%
Buy
22.73%
Hold
54.55%
Sell
Based on 22 analysts offering long term price targets for Vodafone Idea Ltd. An average target of ₹10.22
Source: S&P Global Market Intelligence
Vodafone Idea Ltd price forecast by 22 analysts
Upside of43.94%
High
₹23
Target
₹10.22
Low
₹2.5
Vodafone Idea Ltd target price ₹10.22, a slight upside of 43.94% compared to current price of ₹6.98. According to 22 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Vodafone Idea Ltd revenue growth forecast
Expected growth rate Q1, FY2026:22.31%
Forecast
Actual
Including amortisation and stock based compensations
Vodafone Idea Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -16.47 % |
3 Month Return | -55.46 % |
1 Year Return | -48.74 % |
Market Stats | |
Previous Close | ₹7.10 |
Open | ₹6.98 |
Volume | 33.86Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹49,486.87Cr |
P/E Ratio | -1.41 |
PEG Ratio | -0.6 |
Market Cap | ₹49,486.87 Cr |
P/B Ratio | -0.64 |
EPS | -6.23 |
Dividend Yield | 0 |
Sector | Telecomm-Service |
ROE | 0 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
HOLD | ₹49,486.87 Cr | 1.35% | 1.35 | -₹31,239 Cr | ₹42,651 Cr | |
NA | ₹13,363.90 Cr | 451.45% | 12.88 | NA | NA | |
BUY | ₹9,12,290.54 Cr | 52.91% | 0.82 | ₹8,558 Cr | ₹1,49,982 Cr | |
BUY | ₹16,80,246.62 Cr | 15.92% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr |
Organisation | Vodafone Idea Ltd |
Headquarters | Mumbai |
Industry | Telecomm-Service |
E-voting on shares | Click here to vote |
Today's Timeline - Invalid Date
00:16 AM
-Vodafone Idea faces potential delays in network upgrades due to banks requiring extra collateral for letters of credit.
08:48 AM
-Supreme Court ruling allows Vodafone Idea to claim Input Tax Credit on infrastructure duties, benefiting the telecom sector.
08:55 AM
-Vodafone Idea reports weaker Q2 results; Goldman Sachs projects a 66% decline in share price, while Nomura suggests a buy.
Today's Timeline - Invalid Date
09:54 AM
-Goldman Sachs reiterates sell rating on Vodafone Idea, lowering target price to Rs 2.4 due to missed earnings.
10:46 AM
-Vodafone Idea shares hit a 1.5-year low after Goldman Sachs cuts revenue and EBITDA forecasts, maintaining a sell rating.
Key events for Vodafone Idea Ltd
Vodafone Idea's stock faces significant pressure as Goldman Sachs lowers forecasts, leading to a share price drop. However, a Supreme Court ruling offers some relief by allowing tax credits on infrastructure duties.
Vodafone Idea Faces Challenges Amid Tax Credit Ruling - 20 Nov, 2024
Vodafone Idea faces significant challenges as Goldman Sachs reiterates a sell rating, citing weak performance. However, a Supreme Court ruling allows tax credits, potentially benefiting the company financially.
Vodafone Idea Faces Subscriber Loss Amid Funding Efforts - 19 Nov, 2024
Vodafone Idea reports an increase in ARPU but loses 5.1 million subscribers. The company is raising funds for network expansion while managing high debt levels.
Vodafone Idea Faces Subscriber Loss Amid Price Target Cut - 18 Nov, 2024
Vodafone Idea's stock has plummeted 55% in recent sessions, with a HOLD rating maintained by ICICI Securities. The company aims to grow its subscriber base from FY25, despite losing 2 million data subscribers. The target price has been reduced to Rs 7 from Rs 11, reflecting ongoing challenges in the telecom sector.
Vodafone Idea Faces Debt Funding Delays - 16 Nov, 2024
Vodafone Idea's ₹25,000 crore debt-funding plan is delayed due to AGR dues, following the Supreme Court's rejection of its curative petition. This raises concerns about the company's financial recovery and ability to execute its capital expenditure plans for 4G and 5G expansion.
Vodafone Idea Faces Fundraising Delays Amid AGR Issues - 15 Nov, 2024
Vodafone Idea's Rs 25,000-crore fundraising plan is delayed as lenders await clarity on AGR dues. CEO Akshaya Moondra emphasizes the need for government support to proceed with crucial investments for 4G and 5G expansion.
Vodafone Idea Reports Narrowed Losses and Future Plans - 14 Nov, 2024
Vodafone Idea reported a narrowed net loss of ₹7,175 crore in Q2, with improved ARPU. CEO Moondra discussed future capex plans and lender expectations. JP Morgan remains neutral with a target of ₹10 per share, reflecting concerns over earnings performance.
Vodafone Idea Reports Wider Loss Despite Revenue Growth - 13 Nov, 2024
Vodafone Idea's Q2 FY2024 results show a net loss of ₹7,176 crore, widening from the previous quarter. Revenue grew 4% to ₹10,932 crore, with ARPU rising to ₹166. The company continues to face customer losses despite operational improvements and a successful capital raise for 4G expansion.
Vodafone Idea Q2 Preview: Losses Narrow, ARPU Improves - 12 Nov, 2024
Vodafone Idea is anticipated to narrow its Q2 losses while improving ARPU due to tariff hikes. The company repaid significant loans and seeks bank guarantee waivers.
Vodafone Idea Anticipates Narrowed Losses in Q3 - 11 Nov, 2024
Vodafone Idea is projected to see a reduction in losses for the quarter ending September 2024, with sales growth expected in single digits. However, the stock has declined nearly 14% in the past month.
Vodafone Idea Shares Hit 52-Week Low - 08 Nov, 2024
Vodafone Idea shares traded at Rs 7.95, near their 52-week low of Rs 7.58. The stock has declined 53% since January 1, 2024, and has faced continuous losses for eight quarters. Analysts suggest it is suitable for short-term trading but not for long-term investment due to its volatile nature.
Vodafone Idea Requests Government Aid Amid Financial Struggles - 05 Nov, 2024
Vodafone Idea is facing financial difficulties and is requesting government assistance to waive bank guarantees of ₹24,700 crore for spectrum payments. The company aims to secure additional loans to enhance competitiveness against Airtel and Jio.
Vodafone Idea Faces Decline Amid 5G Plans - 04 Nov, 2024
Vodafone Idea Limited is set to launch 5G services by March 2025 after raising Rs 24,000 crore. However, shares fell 6.63% today, prompting analysts to advise caution due to ongoing financial challenges.
Telecom Firms Seek Equal Treatment with Satcom - 02 Nov, 2024
Telecom operators, including Vodafone Idea, are advocating for a level playing field between satellite communication and terrestrial services, as mandated by the Telecommunications Act 2023. They argue that satcom companies should face similar liabilities and obligations as traditional carriers due to their potential to offer comparable services in the future.
Vodafone Idea Launches Diwali Offers for Customers - 31 Oct, 2024
Vodafone Idea has introduced Diwali festival offers for subscribers, including extra data, discount coupons, and rewards for recharges made via the Vi App. Customers can win rewards up to Rs 3,499 and enjoy various discounts and additional data on annual prepaid packs. These offers are valid until November 3, 2024, enhancing customer value and connectivity during the festive season.
DoT's Decision May Benefit Vodafone Idea Financially - 30 Oct, 2024
The Department of Telecom's favorable view on waiving bank guarantees for spectrum could significantly aid Vodafone Idea, which faces substantial financial obligations. Additionally, changes in the board of directors were noted, with Mr. Sateesh Kamath resigning and Mr. Selcuk Karacay appointed as an additional director.
Vodafone Idea Shares Recover Amid Ongoing Challenges - 28 Oct, 2024
Vodafone Idea's shares surged over 8% after a prolonged decline, despite losing wireless subscribers and facing cash constraints. The company also partnered with Sun NXT for OTT content, enhancing its service offerings.
Vodafone Idea Launches Major Capex for Network Expansion - 27 Oct, 2024
Vodafone Idea has announced a Rs 30,000 crore capex program to enhance 4G and 5G capacity across 17 circles in India, partnering with Ericsson, Nokia, and Samsung. Ericsson will manage networks in 10 of these circles.
Telecom Providers Announce New Plans Amid Tariff Hikes - 26 Oct, 2024
Major telecom operators, including Vodafone Idea, are launching new prepaid and postpaid plans in July 2024, advocating for tariff hikes to support 5G investments.
Vodafone Idea Faces Loan Rejection and Leadership Change - 25 Oct, 2024
Vodafone Idea's shares dropped 4% after PFC and REC rejected its loan request. The company also announced leadership changes while pushing for 4G adoption among users.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Promoter Holding Up
Promoters have increased holdings from 37.17% to 37.32% in Sep 2024 quarter
Revenue Rich
Revenue is up for the last 3 quarters, 10.63K Cr → 11.23K Cr (in ₹), with an average increase of 2.7% per quarter
Retail Holding Up
Retail Investor have increased holdings from 19.92% to 21.95% in Sep 2024 quarter
Against Peers
In the last 3 years, Bharti Airtel Ltd Partly Paidup has given 185.3% return, outperforming this stock by 218.3%
Against Peers
In the last 1 year, Bharti Airtel Ltd Partly Paidup has given 92.3% return, outperforming this stock by 141.0%
MF Holding Down
Mutual Funds have decreased holdings from 6.12% to 4.10% in Sep 2024 quarter
Price Dip
In the last 1 month, IDEA stock has moved down by -16.5%
Profit Down
Netprofit is down for the last 2 quarters, -6.43K Cr → -7.17K Cr (in ₹), with an average decrease of 11.6% per quarter
FII Holding Down
Foreign Institutions have decreased holdings from 12.77% to 12.69% in Sep 2024 quarter
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 37.32% | 0.38 | |
Foreign Institutions | 12.69% | ||
Mutual Funds | 4.1% | ||
Retail Investors | 21.95% | 10.19 | |
Others | 23.94% |
Vodafone Idea Ltd in the last 5 years
Lowest (-10.35x)
January 19, 2018
Industry (-32.01x)
November 19, 2024
Today (-1.41x)
November 19, 2024
Highest (-0.11x)
November 14, 2019
Vodafone Idea Ltd’s net profit jumped 17.88% since last year same period to ₹-7175.90Cr in the Q2 2024-2025. On a quarterly growth basis, Vodafone Idea Ltd has generated -11.56% fall in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending March 2016, Vodafone Idea Ltd has declared dividend of ₹0.60 - translating a dividend yield of 16.90%.
Read More about DividendsBearish
Neutral
Bullish
Vodafone Idea Ltd is currently in a Bearish trading position according to technical analysis indicators.
Vodafone Idea Ltd (IDEA) share price today is ₹6.98
Vodafone Idea Ltd is listed on NSE
Vodafone Idea Ltd is listed on BSE
PE Ratio of Vodafone Idea Ltd is -1.41
PE ratio = Vodafone Idea Ltd Market price per share / Vodafone Idea Ltd Earnings per share
Today’s traded volume of Vodafone Idea Ltd(IDEA) is 33.86Cr.
Today’s market capitalisation of Vodafone Idea Ltd(IDEA) is ₹49486.87Cr.
Vodafone Idea Ltd(IDEA | Price |
---|---|
52 Week High | ₹19.18 |
52 Week Low | ₹6.81 |
Vodafone Idea Ltd(IDEA) share price is ₹6.98. It is down -63.61% from its 52 Week High price of ₹19.18
Vodafone Idea Ltd(IDEA) share price is ₹6.98. It is up 2.50% from its 52 Week Low price of ₹6.81
Vodafone Idea Ltd(IDEA | Returns |
---|---|
1 Day Returns | -0.12% |
1 Month Returns | -16.47% |
3 Month Returns | -55.46% |
1 Year Returns | -48.74% |