Quick answer: Why Is Idea Going Down?

Can Voda idea survive?

Vodafone Idea may survive if AGR payment spread over minimum 15 years: Analysts.

Even if payments are spread over 20 years, the financially stressed telco will have to pay more than $700 million (over Rs 5200 crore ) in annual payouts, they said..

Is Idea Network going to shut down?

Vodafone Idea Ltd created headlines this week when reports started doing the rounds that the company may shut down its India operations unless the central government offers some relief on demands for mobile spectrum fees.

Is idea share will increase?

Vodafone Idea stock price has risen 78% in one week, 180% in one month and 89.61% since the beginning of the year. … Share price of Vodafone Idea has witnessed a spectacular rise since the beginning of June 2020 following reports suggesting that Google is eyeing a 5% stake in the telecom major.

Is idea a good buy?

Bloomberg data show that five analysts have a buy rating on the stock but majority of the analysts tracking the stock have a hold or sell rating. Nine analysts have a hold recommendation on Vodafone Idea and six analysts have a sell stance, with consensus target price at Rs 6.75.

Should I buy Yes Bank shares?

Market experts advised caution to those who are seeking to buy YES Bank shares following the report. Abhimanyu Sofat, Head of Research, IIFL Securities said, “We recommend caution to retail investors.

Is Vodafone a good stock to buy?

When we add all of these together, we find that Vodafone has a Value Rank of 75. Investing in high-value stocks requires finesse and a sturdy constitution but, when cheap stocks come good, the payoff can be large and sudden. Vodafone’s Value Rank of 75 puts it in the cheapest quartile of the stock market.

Why is Idea share down?

Vodafone Idea shares down 0.88% as Nifty gains Around 31.37 crore shares changed hands on the counter. … The telecom operator paid another tranche of Rs 3,354 crore to the government, taking its total adjusted gross revenue (AGR) payments to Rs 6,854 crore, or its full principal dues as per its self assessment.

What is best stock to buy today?

Best Value StocksPrice ($)Market Cap ($B)NRG Energy Inc. (NRG)35.978.8Vornado Realty Trust (VNO)39.507.5MGM Resorts International (MGM)18.118.9

Why my idea 4g is not working?

Make Sure you have a 4G supported SIM (You can get it checked from any Idea Customer Support Center). In your phone, Go to Settings – Mobile Networks. Make sure you have selected Idea as Internet SIM. In SIM Settings, Go to Idea tab, and check if the Network priority is set to 4G.

Will Vodafone Idea shut down in India?

Cash-strapped Vodafone Idea, which faces balance AGR dues of Rs 53,500 crore more as per DoT’s estimates, has said it will shut down its operations if its bank guarantees are invoked or if it doesn’t get relief on its AGR dues. Shares of Vodafone Idea closed at Rs 3.66, up by 6.09%, on the BSE on Tuesday.

Is it right time to buy Idea shares?

The 35-79 per cent correction in Voda Idea stock over 3-12 months is pricing in a pessimistic scenario. With likely lower AGR dues, potential government relief, return of growth, and the telecom company’s focus on top markets, risks are overdone in the brokerage view.

What is the future of Vodafone Idea share?

Stock PerformanceYearYearS&P BSE Mid Cap20192019-3.0520182018-13.312017201748.13201620167.973 more rows

Is Vodafone company is closing?

Vodafone Idea Ltd, the India’s third largest mobile service provider, will shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order, its billionaire chairman Kumar Mangalam Birla said on Friday.

Is it good to invest in Idea share?

Investment Rationale The 35-79 per cent correction in Voda Idea stock over 3-12 months is pricing in a pessimistic scenario. With likely lower AGR dues, potential government relief, return of growth, and the telecom company’s focus on top markets, risks are overdone in the brokerage view.