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September 12, 2024 | by Amit Sharma
Investing in Vodafone Idea Limited requires a thorough analysis of the company’s growth prospects, market position, and financial health. This article will offer insights into Vodafone Idea’s share price target from 2024 to 2030, helping you make an informed investment decision.
Vodafone Idea Limited (Vi) is a leading telecom operator in India, offering 2G, 3G, and 4G services. It operates under a joint venture between Vodafone Group and Aditya Birla Group and serves millions across the nation.
For more details, visit the official website: Vodafone Official Website.
Vodafone Idea has established a key position within India’s telecom sector, although it faces stiff competition and financial challenges.
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Here are the projected share price targets for Vodafone Idea from 2024 to 2030:
Year | Share Price Target |
---|---|
2024 | ₹21 |
2025 | ₹27 |
2026 | ₹40 |
2027 | ₹57 |
2028 | ₹73 |
2029 | ₹95 |
2030 | ₹105 |
You can buy Vodafone shares through popular trading platforms like Zerodha, Upstox, Groww, and Angel One.
Vodafone Idea faces competition from major players in India’s telecom sector, including:
Understanding Vodafone Idea’s investor structure can help evaluate the company’s growth potential:
September 6, 2024
Kumar Mangalam Birla, Chairman of the Aditya Birla Group, increased his stake in Vodafone Idea by purchasing 1.86 crore shares on a dip. His investment vehicle, Pilani Investment and Industries Corporation, also acquired 30 lakh shares of Vodafone Idea the same day.
This comes as Vodafone Idea seeks to raise ₹25,000 crore in debt and ₹24,000 crore in equity funding. Despite the acquisition, Vodafone Idea’s shares fell by over 11% after Goldman Sachs maintained its ‘SELL’ rating on the stock, setting a target price of ₹2.5 per share, reflecting a potential 83% downside.
Kumar Mangalam Birla has been at the helm of the Aditya Birla Group since the untimely demise of his father. He emphasizes creating value-driven businesses, fostering leadership within organizations, and adhering to family values. Birla is also focused on sustainability and India’s entrepreneurial strength, aiming to foster leadership across all levels of his company.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. The projections and price targets for Vodafone Idea Limited are based on current market trends and the company’s performance but are subject to change due to various factors, including market conditions, economic changes, and regulatory shifts. Investing in stocks involves risks, and it is advisable to conduct thorough research or consult with a certified financial advisor before making any investment decisions. Neither the author nor the blog “Invest With Bull” assumes any responsibility for potential losses or gains made based on the content of this article.
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