Vodafone Idea Share Price Target: Vodafone Idea shares have recently experienced fluctuations, leaving investors wondering whether to invest or not. With the company’s major deals and future plans, experts have projected estimated stock prices for the next five years. In this article, we will explore the potential growth of Vodafone Idea shares and provide key insights for investors.
Highlights:
व्हाट्सप्प चैनल या व्हाटप्प ग्रुप में दिए गए कूपन कोड को डालें -
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- Vodafone Idea shares have seen significant recent gains.
- The company has signed a major deal worth ₹30,000 crores.
- Brokerage firms recommend long-term growth potential for the stock.
- Stock price may reach ₹45.55 by 2030, according to expert projections.
- Projected stock price estimates from 2025 to 2030 have been analyzed.
Table of Contents
Vodafone Idea Share Price Target
Recent Surge in Vodafone Idea Shares
On September 20, Vodafone Idea shares closed at ₹10.47, but on September 23, there was a strong surge. The stock opened with a 7.89% rise at ₹11.35, and at one point, it traded as high as ₹11.39, reflecting an 8.27% increase. However, it is currently trading at ₹10.99.
Major ₹30,000 Crore Deal
The recent surge in Vodafone Idea’s share price is attributed to a major announcement on September 22. The company has signed a ₹30,000 crore deal with Nokia, Ericsson, and Samsung for the supply of network equipment. This is the first step in a three-year, $6.6 billion capital expenditure plan aimed at expanding its 4G and rolling out 5G services.
Brokerage Firms’ Insights
Global brokerage firm Nuvama has indicated that Vodafone Idea has the support of the Indian government, which will help bridge its funding gap. According to Nuvama, Vodafone Idea’s worst phase is now behind it, and the stock could see growth. They estimate that in the long term, the stock could reach ₹15.
Vodafone Idea Target Price for the Next 5 Years
| Year | Target Price (₹) |
|---|---|
| 2025 | 10.99 |
| 2026 | 15.79 |
| 2027 | 23.48 |
| 2028 | 31.53 |
| 2029 | 37.37 |
| 2030 | 45.55 |
Vodafone Idea’s Future Plans
The deal with Nokia, Ericsson, and Samsung for the supply of network equipment is a significant step towards Vodafone Idea’s long-term goals. The company aims to expand its 4G coverage from 1.2 billion to 1.03 billion users. Additionally, Vodafone Idea plans to launch 5G services in key markets, which could lead to significant profits in the future.
Brokerage Firms’ Projections
Nuvama and other major brokerage firms believe that Vodafone Idea shares present a good opportunity for long-term investors. They expect the company’s financial situation to improve, and its stock is likely to perform better in the coming years.
Should You Invest in Vodafone Idea?
Experts suggest that Vodafone Idea shares could be a good option for long-term investors. However, before investing in any stock, you should consider all the associated risks and seek advice from a financial advisor.
FAQs (Frequently Asked Questions)
What is the projected share price of Vodafone Idea by 2025?
By 2025, experts estimate that Vodafone Idea’s share price could reach ₹10.99.
Is it beneficial to invest in Vodafone Idea for the long term?
According to brokerage firms, Vodafone Idea could be a good long-term investment as the company is expected to perform well due to its 4G and 5G expansion plans and improved financial outlook.
What could Vodafone Idea’s share price be by 2030?
The stock price is projected to reach ₹45.55 by 2030.
Has Vodafone Idea signed any major deals recently?
Yes, Vodafone Idea recently signed a ₹30,000 crore deal with Nokia, Ericsson, and Samsung for the supply of network equipment.
Why has Vodafone Idea’s stock price surged recently?
The stock surged following the announcement of the ₹30,000 crore deal on September 22.
