Two rupees 50 paise or 22 rupees?
What's Vodafone Idea share really worth?
But why are we asking this question?
It's because of the tale of two global brokerage firms: Goldman Sachs vs. Citi.
Goldman Sachs says 2.5 rupees target price. Why? They think Vi is overvalued compared to Airtel and Jio.
Citi disagrees with its 22 rupees target price. Their view? Recent positive developments, including government support could change things for the company.
And then there’s a plot twist: Promoter Kumar Mangalam Birla just bought 1.86 crore shares on September 6.
So, who's right? The pessimist, the optimist, or the promoter? Tell us in comments.