Vodafone Idea a High-Beta Turnaround Play, Says Jefferies; Initiates Buy with 29% Upside Potential

Vodafone Idea shares in focus as Jefferies stays bullish, sees 25% operating profit CAGR

Vodafone Idea shares remained in focus on Thursday after global brokerage firm Jefferies retained a bullish view on the stock. The stock traded at ₹15.26 at 10.42 am on the NSE, after declining nearly 2 per cent during the session to ₹15.24 from the previous close of ₹15.52.

Jefferies Projects 25% Operating Profit CAGR for Vodafone Idea on Tariff Hikes, Operating Leverage

Get latest articles and stories on Business at LatestLY. Global brokerage firm Jefferies expects a 25 per cent compound annual growth rate (CAGR) in operating profit for Vodafone Idea Limited (VIL), driven by operating leverage, subscriber stabilization, and tariff-led earnings expansion. Business News | Jefferies Projects 25% Operating Profit CAGR for Vodafone Idea on Tariff Hikes, Operating Leverage.

Vodafone Idea offers high-beta turnaround opportunity, says Jefferies; sees 25% cash EBITDA CAGR

Jefferies expects VIL's cash outflows to rise above Rs 40,000 crore annually during FY29-34, creating a temporary cash-flow mismatch despite steady growth in operating cash flows. A Rs 25,000 crore debt raise is expected to bridge the FY27-29 shortfall, while the company would require a further Rs 16,000 crore equity infusion in FY30.

Vodafone Idea share price: Jefferies sees 132% upside to ₹36 on tariff hikes; initiates coverage with 'Buy' rating

Global brokerage Jefferies anticipates Vodafone Idea's stock to rally, now projecting a target of ₹20, driven by subscriber growth, tariff increases, and improved cash flows. Potentially, with further tariffs hikes, the stock could reach ₹36.

Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potential

Jefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operating leverage. The brokerage expects strong revenue and cash EBITDA growth, but flags funding needs, execution risks and cash outflows.

Vodafone Idea Spends Twice as Much as Airtel on Dealer Commissions: Jefferies

Vodafone Idea spends twice as much as Bharti Airtel on dealer commissions to expand its presence in India. Here is what VI is planning for India