Vodafone Idea share price: Sanjiv Bhasin sets BIG target - check here | Bhasin Ke Hasin Share

Sanjiv Bhasin on Vodafone Idea Share Price Target: Market expert and IIFL Securities Director Sanjiv Bhasin is bullish on Vodafone Idea share, NSE: IDEA. Bhasin last week in a special segment ‘Bhasin Ke Hasin’ aired on Zee Business with Managing Editor Anil Singhvi, said that Vodafone Idea has the third largest subscriber base in the country and that the company will benefit from the 5G rollout.  

He also said that Vodafone Idea’s debt recast has been played out and thus, Vodafone Idea should be Rs 12 per share. He advised investors to buy Vodafone Idea as there could be an upside of 50 per cent. He added that Vodafone Idea will be an outperformer.

He said Vodafone Idea's market cap could soon reach Rs 47,000 crore. The m-cap of the company is currently Rs 27,000 crore, according to NSE website.

Sanjiv Bhasin: Vodafone Idea Share Price Target: Rs 12

Vodafone Idea share price has delivered a negative turn of over 6 per cent to its investors in the past month while 15 per cent in the last 6 months. In 2022 so far, the stock has crashed around 45 per cent. Vodafone Idea 52-week stock price range is Rs 16.80 - Rs 7.25.