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