Vodafone Idea532822Telecommunications
Vodafone Idea rally seen retracing after strong uptrend from Rs 7 to Rs 15
- Prior rally range
- 7 to 15 rupees
- Expected downside target
- 12 to 12.50 rupees
Heard on Live TV News Channel between 12:34:43 - 12:35:58 IST.
- Somil Mehta noted stock rallied from Rs 7 to Rs 15 over 6-8 months.
- Now expects the rally to retrace, calling it healthy for the stock.
- Currently has a negative view, expecting stock to fall to at least 12.50, possibly 12.
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Guest discussed Vodafone Idea's operational turnaround signs, promoter fund infusion and possible SBI-led bank fund raise, also touching on Indus Towers and Bharti Airtel
29 Sep 2026
Source: Live TV News Channel · 29 Sep 2026
The call above is Somil Mehta's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.