Jefferies sees Vodafone Idea shares gaining up to 143% to ₹29 in an optimistic scenario, but warns they could fall to ₹9 if tariff hikes do not materialise. Its revised base-case target is ₹16, implying 34% upside, with recovery dependent on network investment and subscriber growth.
Jefferies sees Vodafone Idea shares gaining up to 143% to ₹29 in an optimistic scenario, but warns they could fall to ₹9 if tariff hikes do not materialise. Its revised base-case target is ₹16, implying 34% upside, with recovery dependent on network investment and subscriber growth.
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