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Vodafone Idea share price: Jefferies sees 132% upside to ₹36 on tariff hikes; initiates coverage with 'Buy' rating

Global brokerage Jefferies anticipates Vodafone Idea's stock to rally, now projecting a target of ₹20, driven by subscriber growth, tariff increases, and improved cash flows. Potentially, with further tariffs hikes, the stock could reach…

Vodafone Idea share price: Jefferies sees 132% upside to ₹36 on tariff hikes; initiates coverage with 'Buy' rating

Global brokerage Jefferies anticipates Vodafone Idea's stock to rally, now projecting a target of ₹20, driven by subscriber growth, tariff increases, and improved cash flows. Potentially, with further tariffs hikes, the stock could reach ₹36.

The brokerage views VIL as a high-beta turnaround opportunity, with revenue growth, operating leverage, and tariff hikes driving a potential ROIC improvement from negative territory currently to double digits by FY32.
The brokerage views VIL as a high-beta turnaround opportunity, with revenue growth, operating leverage, and tariff hikes driving a potential ROIC improvement from negative territory currently to double digits by FY32. (AI generated image for representational purposes only)
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Reported by A Ksheerasagar · Syndicated via official news feed

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