Sep 9, 2026, 6:22 PM1 views

Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potential

Jefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operating leverage. The brokerage expects strong revenue and cash EBITDA growth, but flags funding needs,…

, ETMarkets.comLast Updated: Sep 09, 2026, 06:22:00 PM IST

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