Vodafone Idea Ltd: Shares of Vodafone Idea Limited (VIL) are in constant focus. The company’s shares fell 1.9% on Thursday to reach an intraday low of Rs 14.52. These shares have fallen 15% so far this year. However, global brokerage firm UBS is bullish on the stock of Vodafone Idea Limited and is advising to buy it. Foreign brokerage UBS recently raised its rating on Vodafone Idea Limited from ‘neutral’ to ‘buy’.
What is the target price?
UBS has revised the target price on Vodafone Idea Limited shares to Rs 18 from the earlier Rs 13.10. It can rise up to 28% from the current price. According to the brokerage, Telecom may announce tariff increase after the election results. Due to this, there is a possibility of rise in shares. “VIL’s annual payout to the government from FY26 will be more than $5 billion, which includes $2 billion for AGR and $3 billion for spectrum,” the brokerage said. Nomura India has kept its target price on Vodafone Idea at Rs 15 per cent and raised its FY26 Ebitda estimate by 6 per cent, it said, adding that Vodafone Idea has an improving outlook. Will be able to raise his own funds.
This power will go for ₹ 180, buying now will bring huge profits, experts said – place your bet
condition of shares
Shares of Vodafone Idea Limited have risen 10.61% in a month. This stock has climbed 102.78% in a year. During this period, this share increased from Rs 7 to the current price. Its market cap is Rs 96,999.36 crore.
Big announcement from cigarette manufacturing company, will give dividend of ₹ 56 on every share
Latest news related to the company
About 35.37 crore shares of Vodafone Idea i.e. 0.52 per cent stake held by Birla TMT Holdings have been transferred to Birla Group Holdings after the merger plan got the approval of NCLT. Despite this change, Aditya Birla Group’s total stake in VIL remains unchanged.
