If you are looking for “Vodafone Idea Ltd share price targets” for upcoming years you are in the right place. Before we dive into Vodafone Idea stock price targets, Let’s understand the Vodafone Idea company background, technical fundamentals etc.
About Vodafone Idea Limited
Vodafone Idea Ltd is one of the leading telecom companies in India, few years back Vodafone merged with Aditya Birla Group company called Idea, and rebranded itself as Vodafone Idea (Vi)
They provide 2G, 3G and 4G services.
Currently, this company is listed in NSE and BSE as Vodafone Idea in India.
Fundamentals of Vodafone Idea
Let’s look at the fundamentals of Vodafone Idea Ltd, based on which we can get a clear understanding of the expertise in the telecom sector.
- Current Market Cap: The current market cap of Vodafone Idea Ltd as of July 10 2022, is ₹ 26,979.83 Cr.
- P/E Ratio: The current price to earning ratio of Vodafone Idea Ltd is ₹0.
- EV/EBITDA: 13.23
- Sales Growth: Sales growth over the period of time for Vodafone Idea Ltd is -6.80%.
- Profit Growth: Profit growth is around 36.70 % over the period of time
Vodafone Idea Ltd Price Target Details
We have done a complete analysis of Vodafone Idea Ltd and have come up with its share price targets for the upcoming years.
Note: These price targets of “Vodafone Idea Ltd ” is only for reference purpose only, this prediction is only if there are positive market sentiments, any uncertainties in the company or global market condition is not covered in this analysis.
| Year | Vodafone Idea Ltd Share price Targets (₹) |
|---|---|
| 2022 | 18 |
| 2023 | 23 |
| 2024 | 40 |
| 2025 | 52 |
| 2026 | 68 |
| 2027 | 90 |
| 2028 | 120 |
| 2029 | 160 |
| 2030 | 220 |
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After analyzing the chart deeply by taking the monthly time frame analysis on the trading view chart of Vodafone Idea Ltd, though there is a lot of competition in the market, Vodafone will be a strong fighter against JIO and Airtel, their upcoming 5G spectrum project, will shake the telecom sector, after JIO conquering the whole telecom sector, Vodafone’s share price fallen drastically, this fall never broken the company, it made a come back by emerging with IDEA and rebranded itself as VI (Vodafone Idea), but still, they couldn’t capture the market, since JIO did it all, and it was too late, they had to bare the losses, but now gradually Vodafone started taking up.
Though it is currently a penny stock with very weak fundamentals, the day comes soon when it will be near Airtel Share price, but we are predicting in 2022. the price will reach nearly ₹18.
The target share price of Vodafone Idea Ltd for the year 2022 will be ₹18
The target share price of Vodafone Idea Ltd for the year 2023 will be ₹23
The target share price of Vodafone Idea Ltd for the year 2024 will be ₹40
The target share price of Vodafone Idea Ltd for the year 2025 will be ₹52
The target share price of Vodafone Idea Ltd for the year 2027 will be ₹68
The target share price of Vodafone Idea Ltd for the years 2027, 2028, 2029, and 2030 will be ₹90, ₹120, ₹160 and ₹220 respectively.
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