Before a few years, Vodafone and Idea combined their operations to stay in the industry. Even after the merger, the company is still making a loss and there is no sign of profit in the previous years. If you also invested in the stock then you should know the Vodafone Idea share price target for 2024, 2025, and 2026.
In the last 1 year from now, the Vodafone Idea stock has given a massive return of approx 100%. However, there are no major improvements in the number of revenue and profit based on the quarterly.
At this time, there are only 3 telecommunication companies in India i.e. Reliance, Airtel, and Vodafone Idea. In these companies, Vodafone Idea comes at no. 3 or last by ranking because of less customer base, bad services at many locations, etc.
Vodafone Idea company is working very hard to build a strong user network. As of now, multiple offers are run by VI company to attract users and at most places, the offers are working well or we can say they are attracting users as a result new users are coming to Vi.
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About Vodafone Idea Ltd
Vodafone Idea is also known as Vi, the company was created in August 2018 by the merger of Vodafone and Idea companies. As of now, the current managing director of the company is Mr. Ravinder Takkar. The NSE symbol of the stock is IDEA.
Vodafone Idea Limited is India’s telecom service provider company. It is a Vodafone Group and Aditya Birla group partnership company. Due to huge losses in both companies Vodafone and Idea, decided to combine their companies and their services and Vodafone Idea Ltd came.
Vodafone Idea has almost all types of products needed by the users in regular life like prepaid sim, postpaid sim, etc., and all the services in the products. As of now, the VI is also launching many offers to boost the growth of the company.
Company Fundamentals
Company fundamentals help a lot to identify which stock is good for investing and which is not good. While investing in stocks, if you have a good understanding of company fundaments then most probably you’ll get a huge return and it drastically reduces the loss.
So, if you want to invest in any stock, make sure you check the company fundamentals and plan your stock selection according to your analysis. Also, check the stock’s technical to get the right price and time.
Note: The fundamentals of the Vodafone Idea company were last updated on 14 Feb 2024. Check the latest data of the Vodafone Idea on any screener.
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 Rating: 9.8/10 |  Rating: 9.1/10 |
 Rating: 8.5/10 |  Rating: 8.6/10 |
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | -₹14,604 |
| March 2020 | -₹73,878 |
| March 2021 | -₹44,233 |
| March 2022 | -₹28,245 |
| March 2023 | -₹29,301 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | -₹7,990 |
| Mar 2023 | -₹6,419 |
| Jun 2023 | -₹7,840 |
| Sep 2023 | -₹8,738 |
| Dec 2023 | -₹6,986 |
Company Fundamentals
| Market Cap | ₹71,608Cr | ROE | 34.07% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -6.16 |
| P/B Ratio | 0.00 | Div Yield | 0.00% |
| Industry P/E | 55.71 | Book Value | -18.68 |
| Debt to Equity | -2.65 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 2.29 | 2.46 | 2.27% |
| DIIs | 0.73 | 1.80 | 3.05% |
| Public | 13.44 | 12.19 | 11.14% |
| Promoters | 50.36 | 50.36 | 50.36% |
| Government | 13.44 | 33.18 | 33.18% |
Key Points
- The financials of the Vodafone Idea company are very weak.
- The asset management of the company looks very poor.
- The operating margin of Vodafone Idea is good.
- As of now, the company has a Debt of Rs. 2,01,820.50 Crore.
- The company has Rs. 770 Crore cash as of now.
- In the Dec 2023 quarter, DIIs increased their holding in the stock.
Quarterly Result
In the Dec 2023 quarter, the net loss decreased which is a positive thing for the compnay and its investors too. On a yearly basis, the net loss of the compnay is decreased a lot, and most probably in the next 2 to 3 years, the company can be a profitable compnay.
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge, you should follow the rules to strengthen your self-psychology.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 sector stocks. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock is available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you avoid the stock which can give you huge losses.
Vodafone Idea Share Price Target
Everyone wants to know the Vodafone Idea share price target for 2024, 2025, and 2026 and the upcoming years. Not only for this year, we also shared price predictions for the year and some upcoming years too. So, we divided the section into parts. as a result, it will be easy for you to go to the desired information.
The Current Price of Vodafone Idea Stock is Rs. 15.55 as of now. The 52-week high of the stock is 18.40 and the 52-week low of the stock is 5.70. In 2023 the stock is also given a return of 250% considered from its 52-low to a 52-week high.
Note: We are not SEBI registered and we do not take any responsibility for any loss or profit. We are sharing this post only and only for educational purposes. We strongly suggest you do your analysis (fundamental and technical) before investing in any stocks.
Warning: Vi (Vodafone Idea) is a penny stock as a result the stock is also highly volatile. We strongly recommend you only invest the money you can afford to lose. Most penny stocks give a huge loss in the end so do your proper research before investing in penny stocks.
Remember, these types of posts provide a stock price target of any stock for the next few years based on the current fundamental information. So, track the stock regularly.
Vodafone Idea Share Price Target 2024
In 2023 the stock has given massive returns due to the bullish market can the global economy is coming to its normal level. Most probably we may also see interest rate cuts in 2024 according to the news and experts.
As it is a penny stock so, we are not recommending investing in the stock but you can trade the stock in the short term. We are not recommending it because it is a penny stock and the volatility in the penny stocks is very normal.
According to the experts, past data, and the rules, there is a very high chance we can see a correction in the Indian stock market in 2024 due to profit booking or any other reasons.
VI Share Price Target 2025
Vodafone Idea stock should perform better in 2025. We can say that because Vodafone Idea is improving their service as well as networks day by day and they also provide some interesting offers to their user. The major offer is they provide free internet for a few hours to all users who have an active recharge plan.
There are very high chance the Vodafone Idea stock can give massive returns only if they shows improving profit and revenue growth in the upcoming quarters. But in case, it does not show good profit or revenue we can see some downtrends in the stock.
Vodafone Idea Share Price Target 2026
Vi Share Price Target 2026, It is hard to say what will be the target of Vodafone Idea stock because it is a penny stock, and in penny stocks, many problems come that strongly affect the stock in the long term. In these types of conditions, you should only invest the amount you can afford to lose and your life should not affected.
So, if more information comes, we will update this section so, keep visiting the page for updated information regularly.
FAQs
As we mentioned above the Vi stock is currently facing huge resistance. Once it breaks the resistance and retest then it will be a good time to buy the stock. It is expected that the Vodafone Idea share price in 202 will be rs. 20 to 23.
It is very hard to say what will be the Vi share price in 2025 because it depends on many factors like revenues, profits, issues in the company, etc. The chance of giving a good return is also huge.
As we mentioned above it is hard to predict the price of a penny stock in the long term because the issue in penny stock is very common. So, it is hard to predict the price at this time is very hard because the company’s fundamentals are not too strong.
Final Words: Vodafone Idea is a penny stock but has a good potential to give very high returns in the upcoming years to its investors. As we mentioned it is a penny stock so there is also the risk of losing money so, Treat the stock as a penny stock and invest only the money in the stock you can afford to lose.
Vodafone Idea’s share price target for 2024, 2025, and 2026 and upcoming years is also mentioned by some good analysts. We strongly recommend you do not invest all the money at one time and keep tracking stock and related events regularly.