Vodafone idea stock price: Telecom company Vodafone Idea (VI) is struggling with difficulties. The Supreme Court has rejected the request for relief in AGR Baka, there is no concrete information on the help from the government, although there are reports that the government is preparing a relief package for the company. There is weakness in the stock. According to BSE data, it has suffered about 11 percent in a month. At the same time, in the year 2025, 18 percent has come down so far. In such a situation, if someone still has shares of Vodafone Idea, then what should he do next? Should he buy more shares or should he hold the shares. Or is it not that selling shares is a good option?
In the CNBC-Awaaz Traders Hotline Show, an investor from Delhi asked the expert a similar question about his investment in Vodafone Idea. He said that he had 50,000 shares, which he bought at a price of Rs 6.50 per share. Now it would be okay for an investor like him.
Expert gave this suggestion
On the investor’s query, market expert Manas Jaiswal advised that the chart structure of Vodafone Idea is weak. If there is a small bounce in the stock and some profits are received, then it would be fine to sell the profit and book the profit. 6.40 is an important support level. It is advisable to put a stop loss at Rs 6.40. If the stock goes below Rs 6.40, it would be good to get out of the long position so that there is no major loss. The stock can go up to Rs 7 and it would be fine to book profit at this level, that is, selling the stock. As far as the new purchase in the stock is concerned, according to Jaiswal, do this only when the stock crosses the 100-day average above Rs 8.
How much stake with the government
Earlier this year Vodafone idea The government had given a stake in the company in lieu of spectrum dues worth Rs 36,950 crore. This led to the company’s largest shareholder with 48.99% stake. Vodafone Idea is looking forward to the government for more relief in spectrum arrears. But the government does not want to increase its share. The company also pleaded for this in the Supreme Court as the government has limited rights after taking stake in the company. But the Supreme Court refused to give relief to the other telecom companies including Vodafone Idea in the adjustable gross revenue (AGR) arrears.
The company still owes the government owes Rs 1.95 lakh crore in the case of AGR and spectrum. Vodafone Idea has said that without the support of the government, it will not be able to work further from FY 2025-26. He will have to knock the door of the National Company Law Tribunal (NCLT) for insolvency.
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Currently, the company has to pay in 6 installments worth Rs 18,064 crore every year. This installment can be Rs 6,000-8,500 crore annually in a period of 20 years. If the company had to pay a full payment of Rs 18,064 crore by the end of FY26, then its cash could be finished before FY27. Kotak Institutional Equities have said in their report that if there is no relief on AGR, it will be difficult for the company to get loans from banks.
Vodafone and Idea merged in 2018. After that this company became Vodafone idea. Since the merger, this company has been constantly engulfed in difficulties.
What is the scope of brokerage in the stock
11 out of 21 analysts who covers Vodafone Idea shares have given a ‘sale’ rating. 5 has given ‘bye’ and 5 has given ‘hold’ calls. Global brokerage firm CLSA has given a target price of ₹ 8 with a ‘outperform’ rating for Vodafone Idea shares. CITI has given a target of ₹ 10, retaining the ‘bye’ rating. UBS has given a target price of ₹ 12.10 with ‘bye’ rating, ICICI Securities with ‘Hold’ rating and Nuwama has given a target price of ₹ 7.5 with ‘hold’ call. HSBC has again redeemed it due to high valuation and high leverage and has reduced the target price from ₹ 6.50 to ₹ 5.90.
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