Sector: Communication Services Industry: Telecom Services
Vodafone Idea Limited provides mobile telecommunication services in India. The company provides voice and data services on 4G VoLTE and Voice over WIFI calling services; broadband data services on 3G and/or 4G platforms; content and digital products and services; and other value-added services, including entertainment, utility, and voice and short messaging services. It offers long distance and ISP services; manpower services; business and enterprise services; and business connectivity services, such as IoT, cloud, managed services, etc. In addition, the company trades in mobile handsets, data cards, and related accessories and services; and rents passive infrastructure to telecommunication service providers. Further, it offers technology, software, hardware, VAS, application software, and contents and related products and services, which facilitate and develop access to information technology (IT) enabled VAS products and services on single or multiple platforms or operating systems; and data centre related services and IT solutions, including E-SIMs, as well as involved in the prepaid payment instrument; business correspondence; and mobile wallet and money transfer businesses. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
Revenue projections for IDEA With IDEA's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
currentRatio
0.457000
forwardPE
-4.562634
debtToEquity
0.000000
earningsGrowth
0.000000
revenueGrowth
0.023000
grossMargins
0.444640
operatingMargins
-0.081250
trailingEps
-3.080000
forwardEps
-3.760000
IDEA's current ratio of 0.457 highlights that the company may not have sufficient cash reserves and assets to cover its short-term debts. This could lead to liquidity concerns, making it difficult for IDEA to meet its immediate financial obligations. Vodafone Idea Limited's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.
Price projections:
Price projections for IDEA The price of IDEA has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
Recommendations trend for IDEA
With analysts leaning toward a sell bias for IDEA, investors should be cautious and make decisions based on a wider set of market indicators. This approach will help balance short-term concerns with longer-term market trends, providing a more holistic view of the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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