Vodafone Idea Share Price Soars 15% as AGR Relief Hopes Boost Investor Sentiment
The Vodafone Idea share price touched ₹14 for the first time intraday on Monday, rising 15 percent on speculation that telecom operators may get relief on adjusted gross revenue (AGR) payments. The market rumor that the central government could defer or write off the penalty and interest components of the AGR amounted to an injected Idea share price. This triggered yet, another round of attention toward the Vodafone share price which has been fluctuating recently.
The analysts from IIFL Securities have further strength in their call for the Vodafone Idea share price; they have expected a fair value of ₹10 per share after the AGR relief. As much as the brokerage has a bull narrative on the Vodafone share price, there is a worry about the impending tariff increases likely to occur in late 2025.
The future of the share price will remain the same unless the final AGR relief is expected to be provided during the Union Budget 2025. The current analysis with regards to establishing the current and future performance of the Idea’s share price recommends the following after reviewing the available market analysis: Despite the tremendous advancement in the stock prices, important considerations with regard to the Idea’s commitment to reducing its debt and its planned capital expenditure program of ₹50,000-₹55,000 crores associated with its operations in the competitive telecom market in India are deemed important for its strategic plank in the country’s telecom market.
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