[ad_1] In a significant victory for Vodafone Idea Ltd, the Supreme Court on Tuesday (January 20) upheld the Bombay High Court’s November 2023 decision granting the company a tax refund of ₹1,600 crore. Company Value Change %Change The apex court dismissed the tax department’s appeal, citing an unexplained delay of 295 days in challenging the […]
‘Buy Vodafone Idea’ is still the view of two street analysts after AGR setback – CNBC TV18
[ad_1] Shares of Vodafone Idea Ltd. received an upgrade from brokerage firm Nomura on Friday, September 20, after the stock fell nearly 20% on Thursday following a blow from the Supreme Court with regards to the AGR dues. Nomura upgraded Vodafone Idea to “buy” from its earlier rating of “neutral” but maintained its price target […]
Vodafone Idea is a ‘high risk, high returns’ stock, says Citi, pinning hopes on AGR relief – CNBC TV18
[ad_1] Brokerage firm Citi has maintained its “buy” recommendation on telecom service provider Vodafone Idea Ltd. and a price target of ₹22 per share. The brokerage is pinning its hopes on the Supreme Court agreeing to hear Vodafone Idea’s AGR Curative petition, adding that any favourable outcome could significantly reduce its AGR debt burden. It […]