Vodafone Idea shares jump 13% on turnaround plan; CLSA, BofA and others weigh in
In a decisive market move today, Vodafone Idea shares rallied sharply, surging over 13% to ₹11.36 on the BSE, marking one of the most significant upticks in recent trading. This jump followed the telecom firm’s unveiling of a comprehensive turnaround plan centered around strengthening infrastructure, tapping new revenue sources, and addressing long-standing financial hurdles that have beleaguered the company for years. Investors and analysts alike have reacted with renewed optimism, and the broader market saw selective buying even as key indices showed mixed trends.
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