Hello friends. Thank you for coming back to our website. Today's topic of discussion is related to the stock market. Today we will talk about Vodafone Idea share price targets for 2024, 2025, 2026, 2027, and 2030 and the potential increase in share price.
If you also want to know about the future of Vodafone Idea shares, we have researched and will tell you whether investing in Vodafone Idea shares will be profitable. With the help of this article, we want to provide you with all the information you need to make an informed decision. It is important to get all the facts about a firm before investing.
About Vodafone Idea
Vodafone and Idea, now also known as Vi, is an Indian telecommunications company headquartered in Gandhinagar and Mumbai. This integrated GSM operator serves all over India and provides mobile phone services. Vi has 219.08 million subscribers. Until 2017, Vodafone and Idea were two separate telecommunication brands.
However, Vodafone Idea was formed on 31 August 2018 by merging Idea Cellular and Vodafone India. At that time, both of these companies were on the verge of closure. But after the merger of both, now this company ranks 12th largest mobile telecommunications network worldwide and third largest telecommunications in India.
Vodafone Idea Shares Current Performance And Market Indicators
Open Price: ₹14.74
Today's Low Price: ₹12.92
Today's High Price: ₹14.76
Current Price: ₹13.55
Market capitalization: ₹1,02,429 crore
P/E Ratio: -3.44
ROE: 29.99%
Dividend Yield: 0.00%
52-Week Low: ₹9.55
52-Week High: ₹19.18
Price Change Over the Past Year: ₹3.63 (36.30% Increase)
Vodafone Idea share price has performed volatile recently, opening at ₹14.74, hitting a high of ₹14.76, and falling to a low of ₹12.92 during the trading day. The current price is ₹13.55, reflecting the stock's sensitivity to market fluctuations. Over the past year, the stock price has gained 36.30% to reach ₹3.63. Despite this expansion, the firm struggles financially, as evidenced by its negative P/E ratio of -3.44, reflecting losses, and the absence of dividend distributions. However, the return on equity (ROE) remains strong at 29.99%. The stock's 52-week range has been ₹9.55 to a low of ₹1.
Vodafone Idea Shareholding
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Promoters
48.91%
36.87%
38.17%
38.17%
37.17%
Retail and Other
46.87%
48.52%
44.20%
41.68%
43.07%
Foreign Institutions
1.98%
11.39%
12.13%
12.67%
12.77%
Other Domestic Institutions
0.18%
1.43%
0.75%
0.68%
0.86%
Mutual Funds
2.06%
1.79%
4.75%
6.79%
6.12%
The BIOCON shareholding chart is referred to from the Groww website.
Vodafone Idea Share Price Target 2024
Vodafone Idea is struggling with debt, which has worried investors. They are trying to fix it by selling assets and raising funds, but the debt is still very high. Any adverse news related to debt can lead to a fall in the company's shares. But still, if we look at the 2024 share target of Vodafone and Idea, then its minimum target can be ₹11 and its maximum target can be up to ₹20.
Vodafone Idea Share Price Target 2025
The share price of Vodafone Idea Limited may change. The minimum and maximum price of Vodafone Idea (VI) shares in 2025 is ₹22 and ₹24, respectively.
Vodafone Idea Share Price Target 2026
Vodafone Idea stock is at risk of regulatory adjustments. Vodafone Idea stock has fluctuated due to some reasons, including financial pressures and market dynamics, as the company was struggling and investors were concerned about its financial position. Keeping all these things in mind, if we look at the expected stock price in 2026, the share price can be between ₹26 to ₹27.
Vodafone Idea Share Price Target 2027
The company has taken several steps to improve its financial position, such as raising prices and reducing costs, but it is still struggling to pay its obligations and is in discussions with the Government of India to reduce its financial burden. Apart from this, the company can also make some decisions to increase the value of the share. According to some reports, the share price of Vodafone Idea can be between ₹28 and ₹30 by 2027.
Vodafone Idea Share Price Target 2028
Stock analysts estimate that Vodafone Idea shares will have a minimum share price of ₹35 and a maximum target price of ₹45 by the end of the year in 2028.
Vodafone Idea Share Price Target 2029
5G technology and increasing digital penetration are expected to have a significant impact on India's telecom business by 2029. Vodafone Idea is expected to benefit from these developments as it invests in network infrastructure and customer acquisition. Taking these factors into account, the expected share price of Vodafone Idea can go up to ₹70 to ₹92 by 2029.
Vodafone Idea Share Price Target 2030
In the long run, the corporation is considering making a significant investment to develop its business. For this, the management is raising funds through various sources. If Vodafone Idea Corporation is effective in expressing its business and funds, we can expect significant growth in this future corporation.
In the long run, when large investments are made in the firm, owners should expect considerable earnings from Vodafone Idea's share price target in 2030. Keeping this in mind, we have set the initial target at ₹95. The second objective can be seen up to ₹105.
Balance Sheet of Vodafone Idea (Vi)
Balance Sheet of Vodafone Idea (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
12 mths | 12 mths | 12 mths | 12 mths | 12 mths | |
EQUITIES AND LIABILITIES | |||||
SHAREHOLDER'S FUNDS | |||||
Equity Share Capital | 50,119.80 | 48,679.70 | 32,118.80 | 28,735.40 | 28,735.40 |
Total Share Capital | 50,119.80 | 48,679.70 | 32,118.80 | 28,735.40 | 28,735.40 |
Reserves and Surplus | -153,765.80 | -122,522.30 | -93,560.00 | -66,479.10 | -19,799.70 |
Total Reserves and Surplus | -153,765.80 | -122,522.30 | -93,560.00 | -66,479.10 | -19,799.70 |
Total Shareholders Funds | -103,644.00 | -73,838.80 | -61,436.20 | -37,707.60 | 9,001.30 |
NON-CURRENT LIABILITIES | |||||
Long Term Borrowings | 202,896.20 | 189,290.10 | 175,950.80 | 157,415.50 | 96,280.40 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 | 0 | 0 |
Other Long Term Liabilities | 31,733.80 | 31,885.40 | 18,455.50 | 17,525.10 | 28,178.40 |
Long Term Provisions | 3.9 | 7.1 | 19.4 | 26.1 | 329.3 |
Total Non-Current Liabilities | 234,633.90 | 221,182.60 | 194,425.70 | 174,966.70 | 124,788.10 |
CURRENT LIABILITIES | |||||
Short Term Borrowings | 4,989.20 | 12,530.40 | 15,123.10 | 73 | 154.2 |
Trade Payables | 13,921.60 | 13,711.20 | 13,324.10 | 13,166.70 | 11,480.40 |
Other Current Liabilities | 35,067.40 | 33,676.30 | 32,475.60 | 52,590.20 | 83,416.00 |
Short Term Provisions | 33.3 | 11.4 | 19.1 | 42.4 | 46.3 |
Total Current Liabilities | 54,011.50 | 59,929.30 | 60,941.90 | 65,872.30 | 95,096.90 |
Total Capital And Liabilities | 185,001.40 | 207,273.10 | 193,931.40 | 203,131.40 | 228,886.30 |
ASSETS | |||||
NON-CURRENT ASSETS | |||||
Tangible Assets | 48,455.10 | 55,548.20 | 48,857.00 | 52,367.70 | 60,705.20 |
Intangible Assets | 87,948.50 | 96,432.90 | 103,162.50 | 109,854.20 | 119,353.30 |
Capital Work-In-Progress | 475.4 | 241.7 | 285.9 | 534.3 | 859.8 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 154,429.30 | 169,798.90 | 152,345.80 | 162,762.50 | 181,014.90 |
Non-Current Investments | 162.6 | 162.6 | 288.5 | 288.5 | 4,504.00 |
Deferred Tax Assets [Net] | 0 | 0 | 0 | 0 | 0 |
Long Term Loans And Advances | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 13,780.50 | 19,143.30 | 19,939.60 | 21,164.50 | 21,547.20 |
Total Non-Current Assets | 168,372.40 | 189,104.80 | 172,573.90 | 184,215.50 | 207,066.10 |
CURRENT ASSETS | |||||
Current Investments | 0.2 | 0 | 0 | 0 | 454.8 |
Inventories | 0.2 | 0.4 | 0.3 | 0 | 0 |
Trade Receivables | 2,122.20 | 2,124.50 | 2,391.50 | 2,440.80 | 2,919.10 |
Cash And Cash Equivalents | 453.9 | 771.6 | 3,378.20 | 2,013.80 | 2,533.80 |
Short Term Loans And Advances | 235.6 | 279.1 | 314.1 | 555.6 | 842.1 |
OtherCurrentAssets | 13,816.90 | 14,992.70 | 15,273.40 | 13,905.70 | 15,070.40 |
Total Current Assets | 16,629.00 | 18,168.30 | 21,357.50 | 18,915.90 | 21,820.20 |
Total Assets | 185,001.40 | 207,273.10 | 193,931.40 | 203,131.40 | 228,886.30 |
OTHER ADDITIONAL INFORMATION | |||||
CONTINGENT LIABILITIES, COMMITMENTS | |||||
Contingent Liabilities | 22,920.80 | 24,528.70 | 25,831.60 | 25,053.50 | 18,156.60 |
CIF VALUE OF IMPORTS | |||||
Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE | |||||
Expenditure In Foreign Currency | 3,556.10 | 4,196.40 | 3,569.20 | 3,948.60 | 6,817.90 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS | |||||
Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE | |||||
FOB Value Of Goods | -- | -- | -- | -- | -- |
Other Earnings | 3,527.50 | 3,372.90 | 2,732.70 | 2,440.00 | 1,765.20 |
BONUS DETAILS | |||||
Bonus Equity Share Capital | -- | -- | -- | -- | -- |
NON-CURRENT INVESTMENTS | |||||
Non-Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Non-Current Investments Unquoted Book Value | 162.6 | 162.6 | 288.5 | 288.5 | 4,504.00 |
CURRENT INVESTMENTS | |||||
Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
Balance Sheet of Vodafone Idea (in Rs. Cr.)
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
12 mths
12 mths
12 mths
12 mths
12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital
50,119.80
48,679.70
32,118.80
28,735.40
28,735.40
Total Share Capital
50,119.80
48,679.70
32,118.80
28,735.40
28,735.40
Reserves and Surplus
-153,765.80
-122,522.30
-93,560.00
-66,479.10
-19,799.70
Total Reserves and Surplus
-153,765.80
-122,522.30
-93,560.00
-66,479.10
-19,799.70
Total Shareholders Funds
-103,644.00
-73,838.80
-61,436.20
-37,707.60
9,001.30
NON-CURRENT LIABILITIES
Long Term Borrowings
202,896.20
189,290.10
175,950.80
157,415.50
96,280.40
Deferred Tax Liabilities [Net]
0
0
0
0
0
Other Long Term Liabilities
31,733.80
31,885.40
18,455.50
17,525.10
28,178.40
Long Term Provisions
3.9
7.1
19.4
26.1
329.3
Total Non-Current Liabilities
234,633.90
221,182.60
194,425.70
174,966.70
124,788.10
CURRENT LIABILITIES
Short Term Borrowings
4,989.20
12,530.40
15,123.10
73
154.2
Trade Payables
13,921.60
13,711.20
13,324.10
13,166.70
11,480.40
Other Current Liabilities
35,067.40
33,676.30
32,475.60
52,590.20
83,416.00
Short Term Provisions
33.3
11.4
19.1
42.4
46.3
Total Current Liabilities
54,011.50
59,929.30
60,941.90
65,872.30
95,096.90
Total Capital And Liabilities
185,001.40
207,273.10
193,931.40
203,131.40
228,886.30
ASSETS
NON-CURRENT ASSETS
Tangible Assets
48,455.10
55,548.20
48,857.00
52,367.70
60,705.20
Intangible Assets
87,948.50
96,432.90
103,162.50
109,854.20
119,353.30
Capital Work-In-Progress
475.4
241.7
285.9
534.3
859.8
Other Assets
0
0
0
0
0
Fixed Assets
154,429.30
169,798.90
152,345.80
162,762.50
181,014.90
Non-Current Investments
162.6
162.6
288.5
288.5
4,504.00
Deferred Tax Assets [Net]
0
0
0
0
0
Long Term Loans And Advances
0
0
0
0
0
Other Non-Current Assets
13,780.50
19,143.30
19,939.60
21,164.50
21,547.20
Total Non-Current Assets
168,372.40
189,104.80
172,573.90
184,215.50
207,066.10
CURRENT ASSETS
Current Investments
0.2
0
0
0
454.8
Inventories
0.2
0.4
0.3
0
0
Trade Receivables
2,122.20
2,124.50
2,391.50
2,440.80
2,919.10
Cash And Cash Equivalents
453.9
771.6
3,378.20
2,013.80
2,533.80
Short Term Loans And Advances
235.6
279.1
314.1
555.6
842.1
OtherCurrentAssets
13,816.90
14,992.70
15,273.40
13,905.70
15,070.40
Total Current Assets
16,629.00
18,168.30
21,357.50
18,915.90
21,820.20
Total Assets
185,001.40
207,273.10
193,931.40
203,131.40
228,886.30
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities
22,920.80
24,528.70
25,831.60
25,053.50
18,156.60
CIF VALUE OF IMPORTS
Raw Materials
0
0
0
0
0
Stores, Spares And Loose Tools
0
0
0
0
0
Trade/Other Goods
0
0
0
0
0
Capital Goods
0
0
0
0
0
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency
3,556.10
4,196.40
3,569.20
3,948.60
6,817.90
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency
--
--
--
--
--
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods
--
--
--
--
--
Other Earnings
3,527.50
3,372.90
2,732.70
2,440.00
1,765.20
BONUS DETAILS
Bonus Equity Share Capital
--
--
--
--
--
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value
--
--
--
--
--
Non-Current Investments Unquoted Book Value
162.6
162.6
288.5
288.5
4,504.00
CURRENT INVESTMENTS
Current Investments Quoted Market Value
--
--
--
--
--
Current Investments Unquoted Book Value
--
--
--
--
--
This balance sheet is referred to from the Moneycontrol website.
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Is It Good To Buy Vodafone Idea Stock?
The company is not performing well. After COVID-19, the company's chart did not show any positive changes. The chart shows minimal improvement in 2023, although it still faces significant challenges due to intense market competition. Many changes have been made in the last year, and it is necessary to deliver high-quality service to increase its stock price. However, at the moment, you should either avoid this stock or wait for a higher price.
Conclusion
We hope you got all the information about Vodafone Idea Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 and 2030. If you liked our article, please let us know by commenting. If you have any thoughts about Vodafone Idea Share Price Target 2025, please share them with your friends.
FAQs
1. What is the destiny boom of Vodafone Idea?
Vodafone Idea is focusing on expanding its 4G network and studying options for the 5G phase, which indicates capacity additions in the future.
2. What is the network coverage of Vodafone Idea in India?
Vodafone Idea offers 4G, 3G and 2G services across India. The firm's network coverage is very wide, especially in metropolitan areas and large cities.
3. What are some recent initiatives or partnerships of Vodafone Idea?
Vodafone Idea is focusing on expanding 4G coverage and improving network quality. They have also collaborated with firms like Ericsson and Nokia on network expansion and 5G experiments.
4. What is the market cap of Vi Company?
The FPO suggested a cap price of ₹11 per equity share.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know at our official [email protected].