Today, on 1st April 2025, the telecom service provider Vodafone Idea Share Price experienced a sudden surge of 10% in its share prices. The surge happened after Citit, a well-known brokerage firm, placed VIL’s stock under ‘positive catalyst watch’ for the next 90 days. This means that factors that could drive up the stock are expected in the following three months.
It was reported that VIL (Vodafone Idea Limited) was ordered by the Ministry of Communications to issue equity shares worth Rs. 36,950 crore to the government. This makes the GoI, with 48.99% stock, the largest shareholder of VIL.
Citi said that with the government’s help, VIL should be able to complete its bank debt raise and also raise its cash flows significantly in the next three years.
Vodafone Idea Share Price in Today’s Market
Today, VIL’s shares opened to the market at Rs. 7.48 and are currently up by 10% compared to the previous close (Friday) of Rs. 6.80. At 11 a.m., VIL traded its shares for the price of Rs. 7.48. It is 10% higher than the previous close. According to the reports and estimates on Money Control, the current market capitalization shows 53,401 stores; the UC Limit is 7.48, and the LC Limit is 6.12.
Company Financials
Vodafone Idea Limited disclosed a Net Loss of Rs. 6,609 crore for the third quarter of FY 2024-25, compared to a loss of Rs. 6,986 crore in last year’s Q3. VIL saw a 4% growth in its revenue from operations at Rs. 11,117 crores, against the previous third quarter’s Rs. 10,673 crores. The telecom service’s subscriber base count fell to 199.8 million, a downfall of 2.5%.
Recent News About Vodafone Idea
- In April, Vodafone Idea plans to expand its 5G mobile broadband services to Delhi, Punjab, and other major cities. The company promised prices to be lower than those of its competitors.
- VIL declared that it began seeking partnerships with satellite communication providers to increase its base and contribute towards development.
Vodafone Idea Share Price Target
Citi projected a target of Rs. 12 on Vodafone Idea, with an upside of 77% from Friday’s close of Rs. 6.80.
Meanwhile, experts on Trendlyne reported that Vodafone Idea Ltd. has an average target of 11.53. The consensus estimated an upside of 69.56% from the last price of 6.80.
Should You Buy, Sell, Or Hold?
Most analysts on Trendlyne and MoneyControl support holding the shares. Only 14% of analysts on MoneyControl suggest buying, and 27% recommend selling VIL’s shares. But, before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.
