Shares of Life Insurance Corp slumped 11%, SBI Life sank 23%, HDFC Life fell 10.4% and ICICI Prudential Life shed 9.5% in the past three months as against the 3% decline in the Nifty and the 2.6% drop in the Nifty500 index.
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.