Vodafone Idea Share Price | Brokerage firm's alert on Vodafone Idea share, will the stock rise or fall – NSE: IDEA
Vodafone Idea Share Price | Domestic Geojit Financial Services brokerage firm has reduced its target price on Vodafone Idea stock while maintaining a hold rating. Vodafone Idea shares have gained 8 percent in the past month, but the stock has fallen 54 percent in the past year. (Vodafone Idea Company excerpt)
Geojit Financial Services Brokerage Firm – Target Price
Geojit Financial Services brokerage firm has reduced the target price for Vodafone Idea Limited Company shares to Rs 8.60. Vodafone Idea shares were trading at Rs 7.65 on December 19, 2024, down 1.80 percent. This stock has declined 54.79% in the last six months. On Friday (20 December 2024), the stock was trading at Rs 7.65, down 0.65%. Geojit Financial Services brokerage firm further said while Vodafone Idea's average revenue per user has increased due to the recent tariff hike, the revenue growth has been marginal. The brokerage expects Vodafone Idea to see the impact of price hike in ARPU and revenue in the next two quarters.
Nomura India Brokerage Firm – BUY Rating
Last month, Nomura India brokerage firm maintained BUY rating on Vodafone Idea stock. Vodafone Idea is expected to return to a modest growth path in FY27 due to investments made to accelerate 4G population coverage and 5G rollout, Nomura brokerage said in a statement.
Vodafone Idea share gave return of Rs 117.56
Vodafone Idea shares have fallen 1.67% in the last five days. This stock has given a return of 7.75% in the last month. This stock has declined 54.49% in the last six months. Vodafone Idea shares have fallen 45% in the last one year. This stock has given a return of 17.56% in the last five years. Vodafone Idea shares have fallen by 85.12% in the long term. Vodafone Idea shares have fallen 54.71% on YTD basis.
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