Vodafone Idea shares can crash up to 83% to just Rs 2.5, argues Goldman Sachs

VI Share Price: In one of the most bearish reports on the debt-ridden telecom company Vodafone Idea, global brokerage firm Goldman Sachs has set a target price of just Rs 2.5, indicating a potential downside of up to 83%. Goldman Sachs argues that while Vodafone Idea’s recent capital raise is incrementally positive, it is unlikely to prevent further erosion of the company’s market share. VI Share Price: In one of the most bearish reports on the debt-ridden telecom company Vodafone Idea, global brokerage firm Goldman Sachs has set a target price of just Rs 2.5, indicating a potential downside of up to 83%. Goldman Sachs argues that while Vodafone Idea’s recent capital raise is incrementally positive, it is unlikely to prevent further erosion of the company’s market share.  Economic Times