Vodafone Idea Share Price | Penny stock will become rocket again, rating update, next target price will be rich – NSE: IDEA
Vodafone Idea Share Price | Vodafone Idea Limited Company Stock (NSE: IDEA) It has been falling regularly since last few days. The stock has declined 43.85% in the last 6 months. However, Vodafone Idea stock came into focus again on Thursday. The stock was trading 0.68% higher at Rs 7.41 on Thursday, October 14. Vodafone Idea reports decline in loss in second quarter. Therefore experts have given important advice on this stock. (Vodafone Idea Company excerpt)
second quarter results
Vodafone Idea has reported a consolidated loss for the second quarter at Rs 7,175.9 crore. Vodafone Idea had reported a loss of Rs 8,746.6 crore in the same period last year. Vodafone Idea said in a filing that consolidated services income rose 1.8 per cent to Rs 10,918.1 crore in the second quarter from Rs 10,714.6 crore in the same period last year. Vodafone Idea's consolidated operating income increased by Rs 10,932.2 crore in the second quarter. It was Rs 10,716.3 crore in the same period last year.
JPMorgan Brokerage Firm – Rating Update
JPMorgan brokerage firm has maintained neutral rating on shares of Vodafone Idea Ltd. JPMorgan brokerage firm has given a target price of Rs 10 for Vodafone Idea Limited Company shares. The 52-week high price of Vodafone Idea share was Rs 19.15. The stock's 52-week low price was Rs 7.32. Vodafone Idea shares have fallen 7.61 percent in the last 5 days. The market cap price of Vodafone Idea is Rs 51,508 crore.
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