Vi shares fall 14% after Goldman Sachs sell call
NEW DELHI: The share of Vodafone Idea (Vi) plummeted by as much as 14% on Friday after Goldman Sachs predicted a potential downside of over 80% from the stock’s last closing level. The share price fell to a low of Rs 12.91, down from the previous day’s close of Rs 15.09. Vodafone Idea’s share closed at Rs 13.43, down by 11% from Thursday. The brokerage set a target price of Rs 2.5 per share, triggering a sell-off in Vi stock.
