Vodafone Idea Share Price Targets: What Are Brokerages Saying After Govt Hikes Stake to 49% - Vodafone PSU

Vodafone Idea share price targets: What are brokerages saying after govt hikes stake to 49% - Vodafone PSU

Motilal Oswal raised its target price to Rs 6.5 from Rs 5, implying a 40% potential downside, but maintained a high-risk, high-reward stance on Vodafone Idea. The brokerage views the government’s equity conversion as a confidence boost, but highlights that subscriber stabilization and AGR relief are essential for Vi’s survival. Funding constraints continue to limit Vi's ability to accelerate capital expenditure. Motilal Oswal

Govt Working on Relief Mechanism for Vodafone Idea Amidst Mounting AGR Dues

The government is working on a mechanism to extend relief to cash-strapped telecom operator Vodafone Idea (Vi), which has sought a waiver of Rs 45,000 crore from its adjusted gross revenue (AGR) dues, Minister of State for Communications Pemmasani Chandrasekhar said in an interview with The New Indian Express. Chandrasekhar stated that the government remains committed to maintaining a healthy telecom ecosystem and is holding discussions at the h…