Vodafone Idea Limited, also known as Vi, has experienced a journey filled with ups and downs in the competitive Indian telecom sector. For investors, tracking Vodafone Idea share price target over the years provides valuable insights into its growth potential. This blog covers Vodafone Idea’s current share details, its share price history, business overview, financial performance, and share price targets up to 2040.
Vodafone Idea Share Details
As of November 14, 2024, Vodafone Idea’s share price stands at ₹7.34, showing a slight decline of 0.27% from the previous close. The share’s daily high was ₹7.62, while the low reached ₹7.32, reflecting moderate fluctuations. With a market capitalization of around ₹51,368.76 crore, the company remains a major player in India’s telecom market, though it continues to face challenges.
| Metric | Value |
|---|---|
| Current Share Price | ₹7.34 |
| Day High | ₹7.62 |
| Day Low | ₹7.32 |
| Market Capitalization | ₹51,368.76 crore |
| Volume | 41,738,960 shares |
Vodafone Idea Share Price History Chart
Vodafone Idea’s share price has faced consistent shifts recently. Below is a snapshot of its recent performance over the past few trading days:
With this recent volatility, investors have maintained a keen interest in Vodafone Idea share price target for the upcoming years, anticipating possible recovery or growth opportunities.
Vodafone Idea Business Overview
Vodafone Idea, formed by merging Vodafone India and Idea Cellular in 2018, emerged as one of the largest telecom operators in India. Operating under the brand name “Vi,” it offers mobile telephony, broadband, value-added services, and enterprise solutions across the nation. The company’s reach extends to approximately 205 million subscribers, with a substantial 4G user base of around 125.9 million.
Key Services Offered by Vodafone Idea:
- Mobile telephony with 2G, 3G, 4G, and upcoming 5G services
- Broadband services catering to both residential and business customers
- Enterprise solutions, including cloud and IoT services
This comprehensive service range underlines Vodafone Idea’s goal to stay competitive in India’s fast-paced telecom market.
Vodafone Idea Financials
Despite showing incremental progress, Vodafone Idea continues to face financial challenges. For Q2 FY25, the company reported a net loss of ₹7,176 crore, an improvement from the ₹8,737 crore loss in the same quarter last year. Revenue from operations saw a modest growth of 2% year-on-year to ₹10,932 crore, while the Average Revenue Per User (ARPU) improved to ₹166 from ₹154 sequentially.
| Financial Metric | Q2 FY25 |
|---|---|
| Net Loss | ₹7,176 crore |
| Revenue from Operations | ₹10,932 crore |
| ARPU | ₹166 |
| Total Subscribers | 205 million |
| 4G Subscribers | 125.9 million |
The government’s recent debt-to-equity conversion also impacted Vodafone Idea’s financial landscape, establishing the government as a significant shareholder.
Vodafone Idea Share Price Target
Vodafone Idea’s share price target remains a topic of high interest, with estimates projecting growth if financial restructuring and strategic goals are successfully met. Analysts have set optimistic targets based on factors such as subscriber retention, network expansion, and increased ARPU.
| Year | Target Price (₹) |
|---|---|
| 2024 | 13 |
| 2025 | 25 |
| 2026 | 42 |
| 2027 | 59 |
| 2028 | 75 |
| 2029 | 95 |
| 2030 | 107 |
| 2040 | Projected Higher |
With Vodafone Idea share price target reaching up to ₹107 by 2030 and beyond, investors are hopeful for sustained growth, though actual results depend on the company’s ability to stabilize its finances and retain its subscriber base.
Vodafone Idea Share Price Target 2024
| Month | Target Price (₹) |
|---|---|
| November | 10 |
| December | 13 |
In 2024, the Vodafone Idea share price target is projected to reach around ₹13 by December, with gradual gains as the company’s financial position stabilizes.
Vodafone Idea Share Price Target 2025
| Month | Target Price (₹) |
|---|---|
| January | 15.5 |
| February | 16.5 |
| March | 18 |
| April | 19 |
| May | 20 |
| June | 21 |
| July | 22 |
| August | 23 |
| September | 24 |
| October | 24.5 |
| November | 24.8 |
| December | 25 |
By the end of 2025, Vodafone Idea share price target is projected to reach ₹25, reflecting incremental progress in subscriber base retention and revenue growth.
Vodafone Idea Share Price Target 2026
| Month | Target Price (₹) |
|---|---|
| January | 25.5 |
| February | 27 |
| March | 30 |
| April | 32 |
| May | 34 |
| June | 36 |
| July | 38 |
| August | 40 |
| September | 41 |
| October | 41.5 |
| November | 41.8 |
| December | 42 |
In 2026, as Vi continues to focus on operational improvements, the share price is forecasted to reach ₹42 by December.
Vodafone Idea Share Price Target 2027
| Month | Target Price (₹) |
|---|---|
| January | 43 |
| February | 45 |
| March | 47 |
| April | 49 |
| May | 51 |
| June | 53 |
| July | 55 |
| August | 57 |
| September | 58 |
| October | 58.5 |
| November | 58.8 |
| December | 59 |
By 2027, Vodafone Idea share price target is expected to reach ₹59, driven by growth in revenue and subscriber satisfaction.
Vodafone Idea Share Price Target 2028
| Month | Target Price (₹) |
|---|---|
| January | 60 |
| February | 62 |
| March | 64 |
| April | 66 |
| May | 68 |
| June | 70 |
| July | 72 |
| August | 73 |
| September | 74 |
| October | 74.5 |
| November | 74.8 |
| December | 75 |
The 2028 year-end target of ₹75 reflects Vi’s expanding service portfolio and increased ARPU.
Vodafone Idea Share Price Target 2029
| Month | Target Price (₹) |
|---|---|
| January | 76 |
| February | 78 |
| March | 80 |
| April | 82 |
| May | 85 |
| June | 88 |
| July | 90 |
| August | 92 |
| September | 94 |
| October | 94.5 |
| November | 94.8 |
| December | 95 |
With gradual network and service improvements, Vodafone Idea share price target for 2029 could reach ₹95.
Vodafone Idea Share Price Target 2030
| Month | Target Price (₹) |
|---|---|
| January | 96 |
| February | 98 |
| March | 100 |
| April | 102 |
| May | 104 |
| June | 105 |
| July | 106 |
| August | 106.5 |
| September | 106.8 |
| October | 107 |
| November | 107 |
| December | 107 |
By 2030, the Vodafone Idea share price target may achieve a stable price point at ₹107, assuming consistent performance.
Vodafone Idea Share Price Target 2040
Long-term projections suggest that by 2040, Vodafone Idea could see a significant increase in its stock price, potentially driven by market expansion, technological advancements like 5G and 6G, and strategic partnerships.
FAQs
Q1: What is Vodafone Idea’s current share price?
As of November 14, 2024, Vodafone Idea’s share price is ₹7.34, with recent fluctuations highlighting ongoing volatility.
Q2: What is the expected Vodafone Idea share price by the end of 2024?
The Vodafone Idea share price target for December 2024 is around ₹15.
Q3: How much could Vodafone Idea’s share price grow by 2025?
By December 2025, the target is projected to reach ₹25.
Q4: What are the factors impacting Vodafone Idea’s share price targets?
Factors include financial restructuring, subscriber growth, ARPU, and government support.
Q5: Is Vodafone Idea a good investment for the long term?
While speculative, Vi’s growth potential and market position suggest promising returns for patient investors.
Final Words
Vodafone Idea’s journey reflects the complexities of India’s telecom sector, with financial restructuring and market demands shaping its path. While Vodafone Idea share price target forecasts present growth opportunities, investors should consider market risks before making decisions. As Vi continues to stabilize and expand, its future in India’s competitive telecom industry remains promising yet challenging.