Is VI about to shut down?

Indian telco Vodafone Idea (Vi) is reportedly close to “point of collapse” and needs help from the Government, one of its investors said this week. Last year the Supreme Court of India gave Vi and Airtel 10 years to pay, with the first installments of 10 percent due in March 2021.

What will be the future of Vodafone idea?

Vodafone Idea plans to invest Rs 27,000 crore in FY20 The debt-ridden company has advanced its target date to complete integration of Vodafone and Idea Cellular business to financial year 2021 from fiscal 2023.

What is the Vodafone share price prediction for this year?

On the other hand, the Vodafone stock forecast demonstrates a rally in the coming months. The Wall Street analysts have set a 12-month median for VOD price target at $24.67, indicating more than 40 per cent upside from current level. The Vodafone share price prediction from bullish analysts is around $30.25 for this year.

What is the market capitalisation of Vodafone Idea?

The current market capitalisation of VODAFONE IDEA stands at Rs 241,089.92 m. For more information, check out the list of top 100 companies in India in terms of market cap. As of June 2021, company promoters held 72.05\% stake in VODAFONE IDEA, with no shares having been pledged.

Is Vodafone stock a good investment?

The company also anticipates substantial improvement in free cash flows, which is an indication of robust returns in the form of dividends. However, just like any other investment, Vodafone stock can give no guarantee of financial success. Following the latest news and trends, the stock market remains very dynamic.

Is Vodafone Idea a victim of sectoral turnaround?

Vodafone idea is also the victim of sectoral turnaround. Per unit earning of the sector has fallen drastically after the arrival of Jio . Even the bidding capacity for new 5G spectrum allocation is also not sufficient in all over the sector.