Vodafone Idea Shares Are a High-Risk Buy With a Target Price of Rs 12: Citi
Global brokerage firm Citi has a 'Buy (High Risk)' rating on Vodafone Idea, with a price target of Rs 12. In its research report dated April 13, 2025, the firm noted that the government's recent conversion of Rs 36,950 crore in Vi's spectrum dues into equity—resulting in a 49 percent stake—could provide a boost to the company's pending Rs 25,000 crore debt raise. Also Read: Vodafone Idea Ongoing 5G Launch... Read More