Vodafone Idea Share Price | Big update on Vodafone Idea company, expert gave important advice – SGX Nifty
Vodafone Idea Share Price | Stock market rose amid mixed global signals on Friday (NSE: IDEA)On Friday, both the stock markets Sensex and Nifty saw a rise. (Gift Nifty Live)On Friday, the stock market Nifty strengthened and reached near 24,000 level. Sensex has increased by almost 200 points. Vodafone Idea shares fell 0.72 per cent to Rs 8.30 on Friday, November 29. (Vodafone Idea Company excerpt)
Vodafone Idea Company and Bank Guarantee
Vodafone Idea is waiting for a formal letter from the central government to confirm the waiver of Rs 25,000 crore payable after the end of the moratorium in October next year. Experts said that without bank guarantee, Vodafone Idea Limited can borrow more money to expand its business.
Macquarie Brokerage Firm – Neutral rating for the stock
McCreary brokerage firm has given neutral rating to the shares of Vodafone Idea Limited Company. Idea Limited share price has fallen almost 60 percent in the last few days. While the stock is currently trading at Rs 8.30, McCreary brokerage firm has given a target price of Rs 7 for Vodafone Idea shares. Vodafone Idea shares had gained 11.67 percent on Thursday.
Stock gave 23.59% return in 5 days
Shares of Vodafone Idea Limited Company gave 23.59% return in the last 5 days. The stock has returned 4.65% in the last month. The stock has declined 43.72% in the last six months. Vodafone Idea shares have fallen 36.89% in the last one year. Vodafone Idea shares are down 51% on a YTD basis. Vodafone Idea stock has given 21.61% returns in the last 5 years. However, the stock is down 83.91% in the long term.
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