The Economic Times

Vodafone Idea shares zoom 102% in one year. Is there more steam left after multibagger returns?

Vodafone Idea shares have surged 102% over the past year, prompting investors to reassess whether the rally has further room to run. While Jefferies sees the stock as a high-beta turnaround opportunity and expects it to reach Rs 20, other brokerages remain cautious. With the stock already above most analyst targets, technical indicators suggest further upside, but risks remain.