Stock investment requires very deep learning and precise thinking about shares with the expertise gained from a thorough and a good analysis of each company's prospects. If you are wanting to buy shares of Vodafone, welcome to the right address. Once I am finishing this paper you will be very clear on Vodafone whether you should buy, sell or hold in 2024 to 2030. My view was based on the company's growth in the current period, its overall performance, and by evaluating the future prospects, thus enabling me to provide you with important information in order to make the best investment decision.
What Is Vodafone Idea Limited?
Vodafone Idea Limited is an Indian Telecommunications company with its headquarters in Mumbai and Gandhinagar. This joint venture is facilitated by Vodafone Group plc and Aditya Birla Group, providing 2G, 3G, and 4G services.
Overview of Vodafone Share Price
Vodafone Idea is one of the largest telecom companies in India that provide strong services with mobile and broadband to the whole area of the country.
- MARKET CAP: ₹51.16KCr
- OPEN: ₹7.40
- HIGH: ₹7.62
- LOW: ₹7.32
- P/E RATIO: N/A
- DIVIDEND YIELD: N/A
- 52 WEEK HIGH: ₹19.18
- 52 WEEK LOW: ₹7.32
Vodafone Share Price Target (2024-2030)
Recent years have seen the shares of Vodafone Idea displaying several points of performance. Here, in short, is the predicted future performance:
YEAR | SHARE PRICE TARGET |
---|---|
2024 | ₹21 |
2025 | ₹27 |
2026 | ₹40 |
2027 | ₹57 |
2028 | ₹73 |
2029 | ₹95 |
2030 | ₹105 |
How to Purchase Vodafone Share Price
The purchase of Vodafone shares is possible through different trading platforms such as Zerodha, Upstox, Groww, and Angel One.
Peer Companies For Vodafone Share Price
Vodafone Idea is among several other companies that can be considered to be competitors in the telecommunications industry in India and these include:
- Bharti Airtel
- Reliance Jio
- Bharat Sanchar Nigam Limited (BSNL)
- Tata Communications
Investor Types and Ratios For Vodafone Share Price
Having a breakdown of the investor body is also important for the evaluation of the Vodafone network's growth and long-run prospects.
- Retail And Others: 43.07%
- Promoters: 37.17%
- Foreign Institutions: 12.77%
- Mutual Funds: 6.12%
- Other Domestic Institutions: 0.86%
Advantages and Disadvantages for Vodafone Share Price
Advantages For Vodafone Share Price:
- Large number of customers where it has a significant market share in the Indian market.
- It is the potential for 4G and 5G to grow.
- The strategic partnership between Vodafone Group and Aditya Birla Group.
Disadvantages For Vodafone Share Price:
- The rising of debt leads to the financial instability of the company.
- Competition from the other existing telecom operators, for example it could be Bharti Airtel and Jio.
- A hike in regulatory concerns in the Indian telecom industry.
FAQ For Vodafone Share Price
Who is the owner of Vodafone Idea Limited?
Vodafone Idea Limited is a joint venture between Vodafone Group plc and Aditya Birla Group.
Should I invest in Vodafone Idea Share right now?
By the way, Vodafone Idea, which is the largest player in the market, had huge cash strains such as some corporate debt but was profitable. It seems to me that Vodafone Idea shares have to be considered a mixed investment. So, it is best if one smartly combines the potential growth with the possible risks.
What is the future growth of Vodafone Idea?
The strategy Vodafone Idea developed is connected with the coverage increase of the 4G network and the 5G segment which will lead to the growing of the company in the near future.
Conclusion
Vodafone Idea Limited is a big part of the Indian telecom sector considering the fact that it has very weak points as well as very high possibilities. The finding I made which was on Vodafone Idea is that the shares possess a growing potential over the next years. Indeed, a ruling by the top tech companies would be to tackle the long-term aspect as they could influence the investment attractively even though there are some drawbacks.