Vodafone Idea Ltd: The Target in the last 6 Months.
CMP: Rs.13.35
💢Nomura India raised its target price by 131% to ₹23, citing potential improvements in the company’s outlook.
💢Motilal Oswal set a more conservative target at ₹10, highlighting concerns over the company’s financial struggles.
💢Credit Suisse gave a target price of ₹5, pointing out the intense competition and Vodafone Idea’s high debt.
đź’˘Kotak Securities placed a target of â‚ą12, factoring in potential relief from government measures.
đź’˘ICICI Securities targeted â‚ą8, warning about the impact of delayed tariff hikes on revenue growth.
💢JP Morgan has a target of ₹6, focusing on Vodafone Idea’s weak subscriber base compared to competitors.
đź’˘HSBC suggested â‚ą18, indicating optimism around long-term recovery but emphasizing operational challenges.
đź’˘HDFC Securities set a target of â‚ą9, noting the need for equity infusion and tariff increases.
đź’˘Axis Capital placed the target at â‚ą7, with concerns about high capital expenditures required to stay competitive.
💢Jefferies gave a ₹11 target, stressing Vodafone’s financial vulnerabilities amidst the ongoing industry price wars.
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