Edelweiss has maintained its ‘Reduce’ rating on Vodafone Idea stock, and has kept target price unchanged at Rs 7.
As on 11th Feb 2022 IDEA Share Price closed @ 10.80 and we RECOMMEND Buy for LONG-TERM with Stoploss of 10.08 & Strong Sell for SHORT-TERM with Stoploss of 13.10 we also expect STOCK to react on Following IMPORTANT LEVELS.
IDEA Share Price.
|IDEA CURRENT MONTH FUTURE|
|Change In O.I||-0.65 %|
presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc.
|Shareholding Pattern – Vodafone Idea Ltd.|
“Since Vodafone Idea is going to be around, there is no reason why the stock should not continue to go up. The short covering seems to be over and now it will move to a certain level.” ITC is fundamentally a good stock, it pays better than market yield.
Why do ideas fall?
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.
Remember, you cannot just trade intraday on any stock. … 10,000 (500×20) intraday. This trade does not result in any delivery as your net position at the end of the day is zero. You can also sell in the morning and buy back in the evening if you believe that the stock is likely to go down.
Will Vodafone Idea recover?
Vodafone Idea Ltd. (VIL) — the unified telecom entity formed in August 2018 between Vodafone Group plc and Kumar Mangalam Birla’s Idea Cellular Ltd.,—has had a despairing journey and recorded a cumulative loss of around ₹1.33 lakh crore over the last three fiscals. … VIL is now back on a slow path to recovery.
Who will buy Vodafone Idea?
India’s third biggest telco has converted its dues to the government into a stake in the company. As a result of this announcement, the shareholding of promoters, Vodafone Plc., and Aditya Birla Group will come down to 46% from 72% earlier.
What is Vodafone future Idea?
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.
Vodafone Idea shares have jumped over 50 per cent in one month. … The surge in VI’s stock price is a result of the recent developments aimed at rescuing the struggling telecom service provider. On the National Stock Exchange (BSE), shares of the telecom company were trading 13.29 per cent higher at Rs 16.20 at 11 am.
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Why is Vodafone idea in loss?
The increase was largely due to tariff hikes taken by mobile service providers in November. The average revenue per user (ARPU) for the quarter rose 5.2 per cent to Rs 115 on a sequential basis. The company, however, lost 5.8 million customers during this period.
Can you get rich of stocks?
Can a Person Become Rich by Investing in the Stock Market? Yes, you can become rich by investing in the stock market. Investing in the stock market is one of the most reliable ways to grow your wealth over time.
Is ITC good for long term?
It is a stock which should do well over the long term. The long term is defined as the next three to five years and it should be at a multiple of the current levels. ITC pretty much gave up all of the gains before they announced the analyst meet. … So ITC is a trading stock, it is not creating wealth.
Is trading better than investing?
Investing is long-term and involves lesser risk, while trading is short-term and involves high risk. Both earn profits, but traders frequently earn more profit compared to investors when they make the right decisions, and the market is performing accordingly.