March 12, 2025
Home » Buy Vodafone Idea, target price Rs 9: JM Financial Jobbery Stock Market update
Buy Vodafone Idea, target price Rs 9:  JM Financial

JM Financial recommends buying Vodafone Idea at Rs 7.98, targeting Rs 9. The company needs significant tariff hikes, partial government payment relief, and a sustainable capex increase for long-term viability. Vodafone Idea reported a Q3 2024 total income of Rs 11366.80 crore but a net loss of Rs 6609.30 crore. Promoters hold a 37.32% stake.

Leave a Reply

Your email address will not be published. Required fields are marked *