IDEA

share price: Vi hits new 52-week high; Vaishali Parekh sets target at Rs 13

Vodafone Idea Share Price Target: Vodafone Idea shares are in strong uptrend with the counter hitting back-to-back 52-week high levels. On Friday (December 12), Vodafone Idea shares extended their previous session's gains and climbed to a new 52-week high of Rs 11.59 (up 3 per cent) -- a level seen for the first time since September 23, 2024. In the past two trading days, debt-laden Vodafone Idea shares have jumped 7 per cent. From the recent lows of Rs 9.93, touched on December 1, Vodafone Idea shares have shown a smart rally, zooming more than 15 per cent. Vi shares have gained in seven out of 10 trading sessions in December so far. At 12:40 AM, Aditya Birla Group-owned Vodafone Idea shares were quoting at Rs 11.58 on NSE with 61 crore equities changing hands. On BSE, Vi shares traded firmly in green near the day's high, quoting at Rs 11.57 around the same time with spurt in volume by more than 1.11 times. At the time of publishing this report, a total of 678 lakh equities of the telecom company changed hands on BSE versus the two-week average traded quantity of 674.84 lakh.