Vodafone Idea shares surge 6% as Citi maintains ’buy’ call on expectations of favorable AGR case outcome
By
CS Mathew
Global brokerage Citi has maintained its ‘buy’ rating on Vodafone Idea stock after the Chief Justice of India agreed to consider its plea regarding AGR (Adjusted Gross Revenue) dues. Citi has set a target price of ₹23, suggesting a significant upside of around 38 percent.