Multibagger Stocks: 27 April 2024
πππ Exciting news for investors as Bharti Airtel and Vodafone Idea stocks are currently in focus! According to market experts, these companies’ shares have the potential to deliver strong returns.
ππ Nuvaama brokerage firm specialists suggest that both Vodafone Idea and Bharti Airtel stocks are looking attractive for investment.
πBharti Airtel: On Friday, 26th April 2024, Bharti Airtel shares were trading at βΉ1,324.80, down by 1.04%. Nuvaama brokerage firm has recommended buying Bharti Airtel shares, with experts predicting the stock could reach up to βΉ1,580 in a short period.
πVodafone Idea: Vodafone Idea shares were trading at βΉ13.45 on Friday, 26th April 2024, with a decline of 3.24%. The brokerage firm has given a ‘Hold’ rating for Vodafone Idea shares, setting a target price of βΉ14.
ππ° According to Nuvaama analysts, Vodafone Idea may increase its tariffs by 10% in the financial year 2024-25, with a potential further hike of 10% in 2025-26. The company plans to invest βΉ40,000 crore in the next few years, with βΉ25,000 crore already secured.
ππΈ Additionally, Bharti Airtel and Reliance Jio are also expected to raise their tariff rates. Vodafone Idea recently launched its IPO, receiving praise from investors.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.