Vodafone Idea share price: Jefferies sees 132% upside to ₹36 on tariff hikes; initiates coverage with 'Buy' rating
9 September 2026 Updated 9 September 2026Source: LiveMint 1 min read
Quick Summary
Jefferies has started coverage on Vodafone Idea with a Buy rating, setting a target price of ₹20 and noting a possible upside to ₹36 if tariff hikes continue. The firm cites subscriber growth, higher tariffs and better cash flows as drivers.
Key Takeaways
- Jefferies initiates coverage on Vodafone Idea with a Buy rating.
- Jefferies projects a target price of ₹20 for the stock.
- The brokerage sees a potential upside to ₹36, representing 132% gain, if tariff hikes continue.
- The target is based on subscriber growth, tariff increases, and improved cash flows.
Why It Matters
For retail investors, the coverage and price targets indicate how analysts view the impact of tariff hikes and subscriber trends on Vodafone Idea’s valuation, which could affect market perception and trading activity.
Summary, takeaways and analysis above are written by CAPITA1's AI from the source report. For educational purposes only. Not investment advice.