What is Vodafone Idea's investment plan?

Vodafone Idea plans to invest Rs 45,000 crore in network deployment and marketing as part of its turnaround strategy.

What are Vodafone Idea's growth targets?

The company aims to triple its cash EBITDA and achieve double-digit revenue growth from FY26 to FY29.

How are brokerages viewing Vodafone Idea's prospects?

Brokerages have mixed views, with price targets ranging from Rs 10 to Rs 14, reflecting different assessments of the company's turnaround plan and execution risks.

Home / Business and Economy / Vodafone Idea's Rs 45,000 Cr Revival Plan Ignites Stock Surge

Vodafone Idea's Rs 45,000 Cr Revival Plan Ignites Stock Surge

30 Jan

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Summary

Vodafone Idea plans Rs 45,000 crore investment for network expansion.
The company aims to triple EBITDA and achieve double-digit revenue growth.
Brokerages show mixed reactions with price targets ranging from Rs 10 to Rs 14.

Vodafone Idea's Rs 45,000 Cr Revival Plan Ignites Stock Surge

Vodafone Idea's stock experienced a significant jump of up to 13% on Friday, reaching Rs 11.36. This surge followed the announcement of a substantial turnaround plan involving a Rs 45,000 crore investment in network infrastructure and aggressive marketing strategies.

The company's three-year roadmap, focusing on sustained subscriber growth and enhanced cash EBITDA, aims to triple earnings and achieve double-digit revenue expansion through FY29. A significant portion of the capital expenditure will be allocated within the next 12 to 18 months, targeting 4G network parity in priority areas.

Global brokerages presented divergent outlooks. Citi maintained a Buy rating with a Rs 14 target, citing potential catalysts, but cautioned about future debt obligations. Bank of America Securities reiterated an Underperform rating, highlighting concerns over subscriber loss and significant AGR dues.