Sell Vodafone Idea, target price Rs 5: ICICI Securities

ICICI Securities has sell call on Vodafone Idea with a target price of Rs 5. The current market price of Vodafone Idea Ltd. is Rs 8.93. Time period given by analyst is one year when Vodafone Idea Ltd. price can reach defined target.

Vodafone Idea Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 26005.53 Crore) operating in Telecommunications sector.

Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 9647.80 Crore, down -11.76 % from last quarter Total Income of Rs 10933.50 Crore and down -19.06 % from last year same quarter Total Income of