Even now, it will do well on the largecap side and on the beaten down auto side, Maruti and Bajaj Auto have got beaten down substantially because of inventory sale growth concerns, so those have reasonable value at this stage, I would think.
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.