Question: What Is The Future Of Vodafone?

Is it good time to buy Vodafone Idea shares?

The 35-79 per cent correction in Voda Idea stock over 3-12 months is pricing in a pessimistic scenario.

With likely lower AGR dues, potential government relief, return of growth, and the telecom company’s focus on top markets, risks are overdone in the brokerage view..

Will Vodafone idea recover?

With this rally, Vodafone Idea share has recovered past 2 days of decline. Vodafone Idea stock has gained after 7 days of consecutive fall. Shares of Vodafone Idea zoomed up to 48% intraday on reports that government is unlikely to invoke the telecom firm’s bank guarantees to recover AGR dues.

What is best stock to buy today?

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Who will take over Vodafone idea?

However, the merged entity continues using both the Idea and Vodafone brand. Currently, the Vodafone Group holds a 45.1% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public….Vodafone Idea.TypePublicTotal equity₹596,348 million (US$8.4 billion) (2019)18 more rows

Is Vodafone going out of India?

Last year, Vodafone’s CEO Nick Read said that the company could exit the market if the government doesn’t offer any relief. Even though he later apologised and clarified that Vodafone has no plans to leave India — many analysts still feel that the company is teetering on the edge of survival.

What went wrong with Vodafone idea?

Sinking of a two-decade-old telecom operator because of a tariff war and expensive spectrum won’t be encouraging for foreign investors. In the best-case scenario, Vodafone-Idea will operate as a regional carrier. On the contrary, public-sector units like BSNL and MTNL will get a Rs 74,000 crore bailout.

Is Vodafone idea a good buy?

“Vodafone Idea has gained over 100% in the last 10 trading sessions and it is a good time to book profits in this stock now,” Amit Gupta, Cofounder Tradingbells, told Financial Express Online.

Is Vodafone going to be shut down?

Not aware of Vodafone Idea shutting down, says Govt. … The telecom operator has in recent months repeatedly said that it will be forced to shut down if government continues to demand more than Rs 53,000 cr from it under a new definition of ‘revenue’.

What is the future of Vodafone idea in India?

MUMBAI: The Vodafone Group will inject Rs 285 crore (35 million euros) more into India telecom joint venture Vodafone Idea by September, as per an arrangement agreed during the 2018 merger of its Indian subsidiary and Idea Cellular.

Can Vodafone idea survive?

A new research report says Vodafone Idea has to increase tariff by 39% to survive – and that will be a bounty for Reliance Jio and Airtel. The double whammy of low revenue per user and the burden of retrospective payments from India’s Supreme Court has put the future of Vodafone Idea in jeopardy.

Will Vodafone shut down in India?

But its closure would likely have an adverse impact on the telecoms sector as a whole. If Vodafone Idea does decide to exit the Indian market, the industry will effectively be turned into a duopoly, with the only players being India’s Reliance Jio Infocomm and Bharti Airtel.

Will Idea Vodafone share price go up?

Trending stocks: Vodafone Idea shares rise over 2% … The stock opened at Rs 11.0 and touched an intraday high and low of Rs 11.0 and Rs 10.15, respectively, in the session so far. The stock of Vodafone Idea Ltd. quoted a 52-week high of Rs 13.15 and a 52-week low of Rs 2.61.

What is the future of Vodafone idea?

A new research report says Vodafone Idea has to increase tariff by 39% to survive – and that will be a bounty for Reliance Jio and Airtel. The double whammy of low revenue per user and the burden of retrospective payments from India’s Supreme Court has put the future of Vodafone Idea in jeopardy.