Vodafone Idea shares neared their 52-week high at ₹10.76, rebounding 81% from August lows. Heavy trading volumes and optimism around ARPU growth and possible AGR relief boosted sentiment. Analysts remain cautious due to debt concerns, leaving investors to carefully weigh buy, sell, or hold decisions amid strong momentum.
Shares of Vodafone Idea Ltd continued their upward momentum this week, trading at ₹10.76 on the BSE, just shy of their 52-week high of ₹11.08 touched in November 2025. The telecom stock has rebounded nearly 81% from its August low of ₹6.12, driven by improving fundamentals and investor optimism.
Key Highlights
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Stock Performance: Vodafone Idea gained 3% intra-day to ₹11.07, outperforming the Sensex, which rose only 0.22%.
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Volume Surge: Over 218 million shares changed hands in early trade, reflecting strong market interest.
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Analyst View: JM Financial raised its target price, citing an improving AGR (Adjusted Gross Revenue) outlook and stronger ARPU (Average Revenue Per User) trajectory.
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Government Relief: Telecom Minister Jyotiraditya Scindia recently hinted at a possible AGR relief plan by year-end, further boosting sentiment.
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Investor Dilemma: While momentum is strong, analysts caution that Vodafone Idea’s high debt levels and need for fresh capital infusion remain key risks.
The rally signals renewed confidence in India’s telecom sector, but investors must weigh short-term gains against long-term structural challenges before deciding to buy, sell, or hold.
Sources: Zee Business, Business StandardBusiness Standard, Moneycontrol