New Delhi: At present, the share price of Vodafone Idea is at around its lowest in one year. On November 8, 2024 its share price declined by 1.24 at around 1:30 pm. The number of free float shares of Vodafone Idea (VI) is about 25.19 billion. Apart from this, the average volume is 54.26 crores. One can estimate from this how many people would be trading in the shares of this company. However, it must be kept in mind that the company has been in continuous loss for the last 8 quarters.
The 52-week low in the share price of Vodafone Idea is Rs 7.58. On Thursday, its shares closed at Rs 8.16. The 52-week high in the share price of Vodafone Idea is Rs 19.18. There has been a decline of 53 per cent since January 1 this year when it was trading at Rs 17.
Vodafone Idea share price
Vodafone Idea sees a huge amount of trade every day. Hence, investors incur profit and loss even due to the slightest movement in the share price of the company. This is why many investors are considering the current decline as a good discount to enter this stock. At the same time, many investors who entered from the upper side are now feeling trapped.
What expert said on Vodafone Idea stock
According to Rajesh Bhosale of Angel One, Vodafone Idea is a trading stock. One can get quick returns in the short term and hence can be a good stock for those looking for a short-term option. But those who are long-term players should avoid it because this stock goes up in small cycles and then comes down. In this way, there is no significant profit in it in the long run.
Even in February, the share price of Vodafone Idea fell to Rs 7. It bounced back and went up and now it has come again to the same level. In such a situation, those who want to take high risks for short-term gains can buy the shares of the company. But it is not recommended for those who are in for long-term investment.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Vodafone Idea share price: The 52-week low in the share price of Vodafone Idea is Rs 7.58. On November 8, 2024 VodaIdea share price traded Rs 7.95. The 52-week high in the share price of Vodafone Idea is Rs 19.18. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
