Is idea stock good for intraday?
Intraday sentiment of Idea Cellular is more or less neutral. Taking an intra day trade in this stock is not recommended for today.
Vodafone Idea shares have jumped over 50 per cent in one month. Vodafone Idea (VI) shares surged sharply on Thursday to reach its highest value in over 2.5 years. The surge in VI’s stock price is a result of the recent developments aimed at rescuing the struggling telecom service provider.
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Mumbai: Shares of Vodafone Idea (Vi) slumped nearly 8% on Monday on the back of the telco’s widening losses and rapidly falling user base. The operator has allayed concerns of customer exits, pinning them down to SIM consolidation and short-term impact of tariff hikes.
What is the target for idea tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement.
…
Munafa value: 50 as on 28 Mon Mar 2022.
Upside target | 10.4 |
---|---|
Upside target | 10.02 |
Upside target | 10 |
Downside target | 9.9 |
Downside target | 9.83 |
As on 25th Mar 2022 IDEA Share Price closed @ 10.10 and we RECOMMEND Sell for LONG-TERM with Stoploss of 10.14 & Strong Sell for SHORT-TERM with Stoploss of 11.32 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why are ideas falling today?
Vodafone Idea shares tanked as much as 19 per cent on Tuesday after the telecom company’s board approved a plan to convert the full amount of interest related to spectrum auction installments and adjusted gross revenue (AGR) dues into government equity.
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Can Vodafone Idea survive?
The company will not have the immediate risk of insolvency or shutting down, but at the same time, because 20% ARPU increase, which most of the companies have taken, is not enough to help Vodafone in a major way given the fact that their annual commitments in terms of the interest and the repayment are almost about Rs …
What happened idea?
Idea was a pan-India integrated GSM operator and had 220.00 million subscribers as of June 2018. Idea Cellular merged with Vodafone India and now both companies called Vodafone Idea or Vi.
Who is going to invest in Vodafone Idea?
Promoters Vodafone Group Plc and the Aditya Birla Group (ABG) are likely to invest $400 million as fresh equity to aid the financially fragile telecom operator Vodafone Idea, Livemint reported on Wednesday, citing two people aware of discussions.
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Which stock will go up tomorrow?
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Is Vodafone a idea?
On 31 August 2018, Vodafone India merged with Idea Cellular, to form a new entity named Vodafone Idea Limited. Vodafone currently holds a 28.5% stake in the combined entity and Aditya Birla Group holds a 17.80% stake.
What is the future of Vodafone idea in India?
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.
Is Vodafone stock a good buy?
Vodafone Group PLC – Hold
Valuation metrics show that Vodafone Group PLC may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of VOD, demonstrate its potential to outperform the market.