Vodafone Idea Share Price | There will be bumper earnings, experts said, strong earning opportunities are being created – Hindi News
Vodafone Idea Share Price | Shares of Vodafone Idea, which has about 200 million subscribers in the country, have fallen nearly 20 percent in the last two trading sessions. It has fallen 39 percent this year. The recent decline comes after the Supreme Court's decision on the AGR case, in which the Supreme Court rejected the petition filed by telecom companies seeking recalculation of AGR. After these developments, some people believe that the company is on the verge of bankruptcy if no big miracle happens. At the same time, some brokerage houses have increased the target price by advising to buy the stock. (Vodafone Idea Limited Share )
Vodafone Idea has been most affected by the Supreme Court's decision as out of the total liabilities of Rs 92,000 crore, Vodafone-Idea has a liability of Rs 70,300 crore, which is 33 percent of its total debt. On Tuesday (September 24, 2024), the stock was trading at Rs 10.6, down 1.75%.
BUY rating on the stock
Brokerage house Nomura India has given a buy rating to Vodafone Idea Limited and raised the target price to Rs 15. The brokerage says the worst is now over for Vodafone Idea after the overhang ends, while the recent sharp decline in the stock is an opportunity to buy the stock. The brokerage says the AGR results put significant pressure on VIL and the overhang findings can now provide a clearer view of the company's way forward. In the coming years, Nomura India expects the company to continue to rebuild and repair its business despite heavy debt pressure and join the strong outlook of the Indian telecom industry. The next two years will depend on significant price increases and clarity on 5G monetization. Nomura India has maintained its forecast, expecting 25 per cent ARPU growth for VIL in FY2026-12 and a slowdown in user additions as well as a slight improvement in business in FY27. Brokerage house Citi has given Vodafone Idea a buy rating and a target price of Rs 17 per share. Nuvama has given Vodafone Idea a hold rating and a target price of Rs 11.5. Deepak Shenoy, CEO and portfolio manager at CapitalMind, said in an earlier post that Vodafone Idea is on the verge of bankruptcy in the coming days. The company's debt is very high and the company's outlook is deteriorating due to insufficient cash flow generation. The Supreme Court's decision on the AGR issue has worsened Vodafone Idea's position compared to other telecom companies. Between October 2025 and March 2026, Rs 30,000 crore is to be paid, followed by an annual payment of Rs 43,000 crore over the next five years. He said, 'Unless a miracle happens with Vodafone Idea, it is unlikely to survive in the coming days.
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