Why I feel Vodafone-Idea Conglomerate can be the next bagger?
With the entrance of jio in 2016, it gave a massive blow and with unprecedented debts, the stock has been under performing since 4 years. But will it chalk out all the problems? What i feel things change, even the fundamentals of ruchi soya were doubtful and even they had lockin in shares but at right time they were blasted. Insider trading?
God knows.
What I think is that with change or increase in ARPU, narrowing loss and and offcourse raising funds of upto 25K crore to meet its agr liablities, will proof beneficial to investors.
What shall an investor do?
Its stil a penny stock, so buying uptill levels of 9.5 to 8.5 is natural with accumulation of more stocks of approx 7rupees. Make and manage your money as dont invest 1000% on this. This stock will also anounce bonus and splits if any.
My 2 years span targets are 49 and above, and it will be a very good choice to keep above the time.
Smart money rotates the money to each sector, judge on own which sectors remain and you shall get the answers..
God knows.
What I think is that with change or increase in ARPU, narrowing loss and and offcourse raising funds of upto 25K crore to meet its agr liablities, will proof beneficial to investors.
What shall an investor do?
Its stil a penny stock, so buying uptill levels of 9.5 to 8.5 is natural with accumulation of more stocks of approx 7rupees. Make and manage your money as dont invest 1000% on this. This stock will also anounce bonus and splits if any.
My 2 years span targets are 49 and above, and it will be a very good choice to keep above the time.
Smart money rotates the money to each sector, judge on own which sectors remain and you shall get the answers..