Vodafone Idea stock at Rs 2.5 or Rs 15? Analysts divided after AGR order

The Supreme Court’s dismissal of curative pleas filed by telecom companies, including Vodafone Idea, in the computation of adjusted gross revenue (AGR) case has evoked mixed views from brokerages.

While the apex court’s move is sentimentally negative, analysts believe a clear verdict removes a major overhang from the stock and provides visibility for the road ahead for the cash-strained telco.