Vodafone Idea Stock Shows Massive Growth: VI has become one of the most talked-about penny stocks in the Indian market. Now the company’s shares have doubled and get 119.35% returns in last 1 year, also the stock jumped 39.83% in the last month. Currently, the stock made a new 52-Week high at 15.09 and now global brokerage firms have upgraded the ratings.
Credit Rating Upgrades
Two major rating agencies, ICRA and CRISIL, have upgraded Vodafone Idea’s credit ratings to stable. ICRA raised the operator’s long-term fund facility rating from BB+ to BBB-. This upgrade is significant because it shows the company improving its financial health and makes it easier to raise funds from markets. CRISIL also assigned an A- stable rating for bank facilities worth Rs 35,000 crore.
Citi Removes High Risk Rating
Global brokerage firm Citi Research has upgraded its rating on Vodafone Idea from Buy High Risk tag to a full Buy rating. The brokerage removed the “High Risk” tag entirely and upgraded its target price to Rs 17 per share, showing 15% upside from current levels. After the government relief on AGR dues, rating upgrades, equity infusion by the Aditya Birla Group boost retail investors’ confidence.
Government Reduces AGR Dues
The government recently cut Vodafone Idea’s adjusted gross revenue dues by 27 percent to Rs 64,046 crore from the earlier Rs 87,695 crore. This reduction provides room for the struggling telecom operator.
Boost 4G and 5G Services
Vodafone Idea plans to invest heavily in expanding its network. The investment will focus on expanding 4G and 5G coverage across 17 priority circles, upgrading all 2G sites to 4G in five nonpriority circles, and rolling out fixed wireless access services.
VI Share Price
VI Share Price is trading at around 14.85 on June 3, 2026. Today It hit a new 52-week high of 15.09, marking an 114.91% gain over the past year. The stock has shown massive 119.35% ralley returns in the last 1 year and jumped 39.83% in just the last month. VI share price performance:
| Time | Returns % |
| 1 Month | 39.83% |
| 6 Months | 46.59% |
| 1 Year | 119.35% |
| 5 Years | 68.57 |
Article authored by Abhishek Rodi. Views are his own.
This article is for informational and educational purposes only. It does not constitute financial, investment, or professional advice.