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Jefferies initiated coverage on Vodafone Idea Ltd. on Thursday, September 10. The brokerage set a ₹20 price target and described the stock as a "high-beta turnaround opportunity" in India’s telecom sector.
Jefferies initiated coverage of Vodafone Idea on September 9, calling it a “high-beta turnaround opportunity in Indian telecom” and setting a Rs 20 price target. The stock closed nearly 1% higher.