Vodafone Idea shares can crash up to 83% to just Rs 2.5, argues Goldman Sachs

VI Share Price: In one of the most bearish reports on the debt-ridden telecom company Vodafone Idea, global brokerage firm Goldman Sachs has set a target price of just Rs 2.5, indicating a potential downside of up to 83%. Goldman Sachs argues that while Vodafone Idea’s recent capital raise is incrementally positive, it is unlikely to prevent further erosion of the company’s market share.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003