Vodafone Idea rallies 10% on BSE as UBS upgrades stock with ‘buy’ rating

Vodafone Idea share price: Shares of Vodafone Idea hit over two-month high of Rs 15.43 up 9.8 per cent on the BSE in Friday’s intr-day trade amid heavy volumes. The surge comes after UBS upgraded the stock with a ‘buy’ rating and a target price of Rs 18 per share.

The stock of telecom services provider is trading at its highest level since February 28, 2024. With today’s rally, the market capitalisation (market-cap) of Vodafone Idea surpassed the Rs 1-trillion mark, and was at Rs 1.02 trillion at 11:00 AM.