Vodafone Idea shares: Emkay doubles Vi target price, upgrades stock from 'Sell' rating

The domestic brokerage said the government has approved a major moratorium for Vi’s AGR liabilities, with minimal annual payments until FY35. It expects the development to provide significant cash flow relief and a turnaround opportunity for Vi.

Vodafone Idea shares: Emkay doubles Vi target price, upgrades stock from 'Sell' rating
The domestic brokerage said the government has approved a major moratorium for Vi’s AGR liabilities, with minimal annual payments until FY35. It expects the development to provide significant cash flow relief and a turnaround opportunity for Vi.

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