Vodafone Idea shares zoom 102% in one year. Is there more steam left after multibagger returns?
Vodafone Idea shares have surged 102% over the past year, prompting investors to reassess whether the rally has further room to run. While Jefferies sees the stock as a high-beta turnaround opportunity and expects it to reach Rs 20, other brokerages remain cautious. With the stock already above most analyst targets, technical indicators suggest further upside, but risks remain.
Vodafone Idea shares zoom 102% in one year. Is there more steam left after multibagger returns?
What Happened
Vodafone Idea shares have surged 102% over the past year, prompting investors to reassess whether the rally has further room to run. While Jefferies sees the stock as a high-beta turnaround opportunity and expects it to reach Rs 20, other brokerages remain cautious. With the stock already above most analyst targets, technical indicators suggest further upside, but risks remain.
Key Details
Original reporting provided by Economic Times Markets.
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