What Is The Future Of Vodafone Idea Share?

Is Vodafone shutting down in India?

While, it seems there is no imminent plan by Vodafone to leave India, not everything is right with its business.

The report hints that the company may shut down its India operations unless the Indian government gives some relaxation to the company on demands for mobile spectrum fees..

Can we increase Idea share in Vodafone?

Vodafone idea share price: Trending stocks: Vodafone Idea shares rise over 2% – The Economic Times.

Is it worth buying Vodafone Idea shares?

Vodafone Idea Insider Transactions Over The Last Year While there weren’t any large insider transactions in the last twelve months, it’s still worth looking at the trading. P. Balaji bought 450.00k shares over the last 12 months at an average price of ₹9.34.

Is Vodafone closing down?

Both Airtel and Vodafone Idea face huge monetary burden due to AGR, but none of them has said they will close down operations. … Supreme Court’s order on Rs 1.47 lakh crore worth of AGR dues has triggered rumours about the alleged impending shutdown of two of India’s largest telecom companies Vodafone Idea and Airtel.

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.

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.

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₹- 59,799 million (US$−840 million) (2020)18 more rows

Is it good time to buy Vodafone Idea share?

Vodafone Idea share price today rallied 20 per cent to Rs 12.62 apiece on BSE, nearing its 52-week high of Rs 13.55. … “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 India going to shut down?

Both Airtel and Vodafone Idea face huge monetary burden due to AGR, but none of them has said they will close down operations. … Supreme Court’s order on Rs 1.47 lakh crore worth of AGR dues has triggered rumours about the alleged impending shutdown of two of India’s largest telecom companies Vodafone Idea and Airtel.

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Why is Vodafone Idea stocks going down?

Idea cellular shares falling due to lack of trust from people side the following gives the answer for the question. Due to entry of jio network leads to decrease of idea subscribers this cause loose of revenue. The most important is supreme court order to pay 53000 crores along with interest from vodafone idea.

Should I buy Yes Bank shares?

Market experts advised caution to those who are seeking to buy YES Bank shares following the report. Abhimanyu Sofat, Head of Research, IIFL Securities said, “We recommend caution to retail investors. … “YES Bank has been consistently failing and has been unable to raise capital,” Bansal said.