The foundation of our outperformance lies in disciplined, long-term investing in high-growth businesses. What’s critical to highlight is that the returns have primarily been driven by the earnings compounding, not multiple expansion. In other words, profits have done the heavy lifting—not sentiment-driven rerating.
Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case.