Quick Answer: Are Vodafone Shares A Good Buy?

Is Vodafone going broke?

The position of Vodafone is worse.

It has piled up dues of `53,000 crore and has only cleared `3,500 crore so far.

It has notched up debt of over `1 lakh crore and scored a loss of over `6,000 crore in Q3.

Vodafone going bankrupt is not good for consumers or the industry..

Which share can be multibagger?

The Most Overlooked Ingredient of a Multibagger StockSr.No.Company NameCurrent Stock Price1Bajaj Finance4,2532Eicher Motors22,2393Bajaj Finserv9,4464Page Industries23,4509 more rows

Which is best shares to buy?

List of best stocks SLCompanyPrice1Kama Holdings5,279.02ITC196.83VST Industries3,463.24Maithan Alloys582.36 more rows

Is Vodafone stock a good buy?

So, should I buy Vodafone shares in 2020? The majority of analysts are citing the company’s stock as a rather good investment following 50 per cent shares selloff in the past five years. … However, just like any other investment, Vodafone stock can give no guarantee of financial success.

Is Vodafone Idea share multibagger?

For investors who want a pure play telecom company, Bharti is the only choice and I always maintain that Vodafone is like a bit of an option. So you buy Vodafone shares and if it is still around for the next two-three years and all its AGR problems are solved, then the stock could turn out to be a multibagger.

Why is Vodafone Idea stock going down?

CLSA has raised Vodafone Idea AGR risk estimate to Rs 12.40 per share. Vodafone Idea share price plunged nearly 9 percent in the early trade on July 21, a day after a Supreme Court (SC) hearing on the payment of adjusted gross revenues (AGR) dues by telecom companies.

Is Vodafone dividend safe?

We’re confident that Vodafone’s 7% dividend yield should be fairly safe for the foreseeable future, despite the potential hit to revenue from this year’s travel lockdown.

Is Vodafone idea a penny stock?

Barring Vodafone Idea, Alok Industries and Birla Tyres, all the above-mentioned stocks are still trading in single digits on Dalal Street. Penny stocks are considered risky bets for their wild volatility, smaller business sizes and dearth of liquidity on their counters.

What does multibagger mean?

Definition: Stocks that give returns that are several times their costs are called multibaggers. Thus, multibaggers are stocks whose prices have risen multiple times their initial investment values. …

Should I buy Yes Bank shares?

Analysts say Yes Bank FPO is aptly priced at the price band of Rs 12-13 as the scope of recovery in the bank’s asset quality and earnings in the near term looks difficult because of the Covid outbreak. Investors who intend to hold the shares for over three years should subscribe to the issue.

Is Vodafone shutting down in India?

No. Vodafone and Idea are joining forces to become Vodafone Idea Limited- India’s Largest Telecom Company! If you’re a Vodafone or an Idea customer, we remain committed to providing you with the best experience every day, and your services will continue as normal.

Will Vodafone share price go up?

Vodafone Idea share price today rallied 20 per cent to Rs 12.62 apiece on BSE, nearing its 52-week high of Rs 13.55. The stock has surged over 116 per cent from Rs 5.83 to Rs 12.62 in just seven trading sessions. … Analysts advise investors to proceed with caution while investing in the stock.