Question: Will Vodafone Idea Survive?

Is Vodafone getting closed?

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..

Which is the No 1 SIM in India?

Jio pips Voda as India’s No. 1 mobile operator. NEW DELHI: Less than three years after making a re-entry into the telecom business, Mukesh Ambani’s Reliance Jio has emerged as the country’s largest mobile operator, edging out Vodafone-Idea from the top position.

Is Jio better than Vodafone?

The Vodafone Sim was useless as compared to Jio. Calling or data, Jio was better by a good margin in either case. 2019: There has been significant improvement in Vodafone but it is still behind Jio in performance.

Is it good time to buy Vodafone Idea shares?

“Vodafone Idea has gained over 100% in the last 10 trading sessions and it is a good time to book profits in this stock now,” Amit Gupta, Cofounder Tradingbells, told Financial Express Online.

Is it safe to buy Vodafone Idea share?

Vodafone Idea advanced nearly 35 per cent intraday on Friday after the news reports. Siddhartha Khemka, Head of Retail Research, MOSL said, “For Vodafone, the stock price will move up or down based on the news flows but it is best avoided in the current environment.”

Which is best SIM in India?

The 8 Best Mobile SIM Networks In India 2020Airtel. Airtel s the largest mobile network provider in the country, having over 300 million subscribers. … Vodafone. Vodafone is the network provider that I currently use. … Idea Cellular. … Jio. … BSNL. … Reliance Communications. … Tata DoCoMo. … MTNL.

What is best stock to buy today?

20 of the Top Stocks to Buy in 2020 (Including the 2 Every Investor Should Own)The Vanguard Total Stock Market ETF (NYSEMKT:VTI)The Vanguard Total International Stock ETF (NASDAQ:VXUS)Amazon.com (NASDAQ:AMZN)Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL)Facebook (NASDAQ:FB)Intuitive Surgical (NASDAQ:ISRG)More items…•

Will Vodafone idea survive in India?

“Vodafone Idea does not have the financial flexibility and balance sheet to raise capital, but it needs equity injection if it has to survive,” Nitin Soni, senior director, Fitch Ratings, told Business Insider….CompanyNo. of subscribersAirtel329 millionVodafone Idea325.5 millionBSNL119.9 million1 more row•Jul 16, 2020

What is the future of Vodafone Idea share?

Vodafone Idea ‘s Futures and Options QuotesContract Expiry DateTypeCurrent priceIDEA 30-07-2020FUTSTK8.60IDEA 27-08-2020FUTSTK8.65IDEA 24-09-2020FUTSTK9.80

Is Vodafone shutting down in India?

Both Airtel and Vodafone Idea face huge monetary burden due to AGR, but none of them has said they will close down operations. … Supreme Court’s order on Rs 1.47 lakh crore worth of AGR dues has triggered rumours about the alleged impending shutdown of two of India’s largest telecom companies Vodafone Idea and Airtel.

Is Airtel better than Jio?

Data: Airtel is offering 3GB data per day for its entire validity period for its 3G and 4G networks. Compared to Jio’s plan, Airtel is offering an extra GB of data, which is good for those who stream videos or browse the web a lot. Validity: Airtel is offering a validity of 82 days with this plan.

Is Vodafone idea a good buy?

“Vodafone Idea has gained over 100% in the last 10 trading sessions and it is a good time to book profits in this stock now,” Amit Gupta, Cofounder Tradingbells, told Financial Express Online.

Why is Vodafone idea in loss?

Vodafone Idea, the country’s third largest telecom operator, on Wednesday reported a staggering net loss of Rs 73,878 crore in the financial year ended March 31, on account of provisions for the Supreme Court mandated statutory dues. That marked the highest ever net loss reported by an Indian firm.