You ever see a stock that’s been in ICU for like five years but still shows up on your watchlist? That’s Vodafone Idea. People either avoid it like pineapple on pizza or keep checking it daily like an ex’s Instagram — just to see if it’s doing better without you.
Check one more article: Vodafone Idea Share Price Target 2025
The share price? As of mid-2024, it’s still mostly stuck between ₹12 and ₹15. Give or take a few percentage points depending on whether there’s any breaking news — like someone somewhere sneezed about a possible funding deal or if Jio did something that makes Vi look extra broke.
Why Is It Even Moving At All?
Okay, let’s be honest: the fact that Vi’s share price moves at all is kind of impressive. There’s a mountain of debt. The company is bleeding users. Their 5G rollout is like watching a dial-up modem try to stream Netflix.
And yet… the stock trades every day. People buy it. People sell it. Why?
Retail Hope: So many small investors are still holding out for that one miracle rally. You know the logic: “It’s only ₹13, how much lower can it go?” Spoiler: it can go lower. Penny stocks exist.
Government Support Vibes™: The Indian government has literally stepped in and taken equity in this company instead of letting it completely tank. So people think, “Okay, if the gov’s involved, maybe they’ll keep it on life support forever.”
Rumors every other week: Fundraising talks. Asset sales. A new tariff hike. A slightly less bad quarterly loss. It doesn’t take much to move a ₹13 stock.
The Meme Stock Energy
There’s honestly a bit of meme stock energy around Vodafone Idea. Not in the full GameStop kind of way, but there’s this constant online buzz. You’ll find YouTube thumbnails screaming “VI TO ₹50??” and Telegram groups full of moonboy optimism.
I once saw a guy say, “If it hits ₹30, I retire.” Like bro, your average is ₹18, you’ve been holding since 2020. Retire from what — reality?
Is There Any Real Potential Though?
Actually… maybe? A tiny sliver?
If (and it’s a BIG IF) Vi manages to:
Close some major funding deal
Stop bleeding subscribers
Raise tariffs alongside Jio and Airtel
Actually get some kind of 5G rollout going
…then yeah, the share price could climb. Not to the moon, but even a jump to ₹25 would be a 2x from current levels. That’s not nothing.
But none of that’s guaranteed. And even if they pull it off, you still have to wonder if they’re just buying time or actually building something.
Final Thought: It’s Not Dead Yet, But Don’t Bet Your Kidney
Vodafone Idea’s share price tells a weird story. It’s not rising fast, but it’s not crashing either. It just… exists. Kind of like a background character in the Indian telecom drama. Useful to keep an eye on, fun to speculate about, but risky AF if you’re looking for stability.
If you’re holding it, you’re not alone. If you’re thinking of buying it — just go in with eyes open. This is the kind of stock that teaches you either patience… or pain.
Or both.
Let me know if you want a version where I add recent price action or market sentiment too. Because Twitter folks? They’re hilarious about Vi.