Vodafone Concept Share Value: Telecom operator Vodafone Concept (VI) shares noticed an amazing rise on Monday (April 21). The corporate’s shares rose by greater than 10% and reached ₹ 8.10. Within the final 5 buying and selling classes, VI shares have climbed greater than 13%. Re -improvement within the credit score rankings, together with this spectacular rally, the credit standing of Vodafone Concept has additionally improved yet another time this month. Care Scores Restricted on Monday (21 April 2025) upgraded Vodafone Concept’s long-term and short-term financial institution facility rankings. Earlier than the involved information, ICRA additionally elevated the credit standing of VI from BB+ to BBB-. This sequence of ranking improve started when the federal government determined to transform the corporate’s debt into fairness. Underneath this deal, the federal government’s share has reached 49%. Is it now value shopping for VI shares? Vodafone Concept shares could also be seeing a growth. Nevertheless, the opinion of brokerage homes is split on this. CITI has rated VI “Excessive Threat by” and has a goal worth of ₹ 12. CITI hopes that the federal government’s share and ranking improve will improve belief within the firm. Motilal Oswal has given VI the ranking of “Promote” and has mounted its goal worth ₹ 7. Brokerage believes that regardless of the present growth, the danger may be very excessive. Debt is in debt, by the quarter of Vodafone Ideiadsambar 2024, the full debt of Vodafone Concept has been ₹ 2.17 lakh crore, which was ₹ 2.03 lakh crore a yr in the past. Out of this, ₹ 2.14 lakh crore is accountable for the federal government, and the remainder of ₹ 2,300 crore has been taken from banks and monetary establishments. Additionally learn: Multibagger Penny Shares: LIC made ₹ 1 lakh in a yr, ₹ 1 lakh, you even have this share?
