Should you invest in Vodafone Idea?:Share prices rise 60% in 6 months; experts say investors who can take high risk should dial the number of the debt-laden company

The recent performance of one company that has reignited the hopes of retail investors is that of the defunct telecom, Vodafone Idea (VI). Lot of small investors were trapped in this company due to investment at higher levels of share prices, but, the recent rally has rekindled hopes that someday they might get a chance to recover their buying cost and eventually sell their holdings and come out of it. While, fresh buyers are puzzled whether they should buy VI shares after the recent rally or not! How many retail investors have put in their hard earned money in VI? As per information given on the website of the BSE, the share of retail investors in VI as of September 2025 quarter end stood at 4.65%. These must be investments made by the common man via demat accounts. Additionally, small investors also invest via mutual funds. The share of mutual funds in the bewildered telecom stood at 4.55% VI share price performance: What experts say? Both Sebi-registered research analyst, PHD Capital, founder and CEO, Pradip Halder and Lovelesh Sharma, CMT CFTe, co-founder, says, MarketFeds Analytics are of the view that at current levels it is not advisable to cough up money in this stock. And, that only investors with high risk appetite can play a chance with the scrip. Should you invest in VI at current levels? Halder has cautioned retail investors against investing in the company. Halder says, Any momentum in this stock can be only news based. Since, market rally is based on sentiment, so, if there is a positive news, then, it can make the stock move up. While, Sharms says, The stock is overbought at this moment and would likely see some cool off. VI share price target: But even if somebody wants to invest, for such investors, Halder has given Target Price (TP) of ₹14 per share. He has suggested investors to keep a strict stop loss of ₹7.50 apiece on the counter. As per Wednesday’s closing price of ₹10 per share, the VI TP signifies nearly 40% upside from current levels. Sharma adds, On the higher side the momentum can stretch to 14 – 16 and 18 in coming months while on downside support is at 8.5, This is purely technical play which we are witnessing. The time horizon for this play is 6+ months. Caution: VI’s debt is even more than its market cap! As of 19 November, VI’s market cap stood at ₹1,16,685.45 crore. While, total debt was ₹1,96,410.40 crore.