Vodafone Idea Limited (Vi) shares rose by 3.2% on April 15, 2025, surpassing the broader telecom sector’s performance, which gained 2.06% on the same day.
This marks a cumulative two-day increase of 4.08% for Vi, indicating a short-term positive trend despite ongoing market volatility.
The recent uptick in Vi’s stock price coincides with the company’s launch of 5G services in Mumbai, making it the third telecom operator in India to do so after Airtel and Jio.
The 5G rollout, in collaboration with Nokia, has already begun handling 20% of Mumbai’s data traffic, showcasing Vi’s commitment to expanding its technological capabilities.
Additionally, global brokerage firm Citi Research has maintained a ‘buy’ rating on Vi, setting a target price of ₹12 per share.
This suggests a potential upside of nearly 67% from the previous session’s close, reflecting investor optimism about the company’s prospects following the government’s recent equity conversion of spectrum dues, which increased its stake in Vi to 48.99%.
Despite these short-term gains, Vi’s stock has experienced significant volatility over the past year, with a decline of approximately 43.69%.
Analysts caution that while the recent developments are promising, the company still faces challenges in securing additional funding and expanding its 4G and 5G infrastructure.
As Vi continues to navigate the competitive telecom landscape, its recent performance offers a glimmer of hope for investors.
However, sustained growth will depend on the company’s ability to address its financial challenges and capitalize on emerging opportunities in the sector.
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