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Vodafone Idea gets first BUY rating

Ambit on *VodafoneIdea*

Upgrade to Buy from Under review; Target Price at Rs 21

Struggles of over a decade are easing

Network upgrades won’t be constrained by funding

Subscriber declines to be arrested in FY25E followed by all-round growth Vodafone Idea gets first BUY rating

Ambit on *VodafoneIdea*

Upgrade to Buy from Under review; Target Price at Rs 21

Struggles of over a decade are easing

Network upgrades won’t be constrained by funding

Subscriber declines to be arrested in FY25E followed by all-round growth

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