Скачать или смотреть VADAPHONE Market Shares Decrease| Analysis| Production Control |

VADAPHONE Market Shares Decrease| Analysis| Production Control | ‎@attitudeboy_ff1 

82%

Shares of Vodafone Idea and Indus Towers took a massive dive on September 6 after Goldman Sachs, in its latest research report, expressed concerns over the telecom companies. Vodafone Idea's shares fell over 13 percent and hit a 52-week low of Rs 9.55 after Goldman maintained its 'Sell' rating on the stock but slightly increased the target price to Rs 2.5 from Rs 2.2, which suggested an 83 percent downside in the stock price. Goldman, in its report, said that the company faces difficulties in achieving free cash flow break-even and recovering market share.

The outlook for Vodafone Idea seemed bleak with Goldman anticipating Vodafone Idea to lose another 300 basis points in market share over the next 3-4 years. Even in an optimistic scenario - where the company's adjusted gross revenue (AGR) dues are slashed by 65 percent, tariffs consistently increase, and no near-term government repayments are required - Goldman still sees a best-case implied value per share of just Rs 19

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