Maintained an 'add' view on Vodafone Idea but revised the target price to ₹14.7 from ₹15. The firm cut FY27–FY29 revenue, EBITDA, and PAT estimates by 1–4%, primarily factoring in some delay in expected tariff hikes.

JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%

Vodafone IdeaBullishCalled 12 Aug 2026
Verdict:PENDING

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