28 Oct 2025 | 5 Mins Read
Vodafone Idea still high-risk buy despite AGR relief
Flipitmoney
Citi maintains 'High risk buy' rating on Vodafone Idea with a ₹10 price target, expecting government reconsideration of AGR dues to come before March 2026. The brokerage believes AGR relief could trigger positive events, including reduced cash-flow pressure, bank debt, and equity raise options. Vodafone Idea shares surged nearly 10% after the Supreme Court's order.