Vi stock hits fresh 1-year low as brokerage sees delay in tariff hike till 2024 polls1 min read 27 Mar 2023, 08:54 PM IST
The brokerage's note highlighted that RJio's new family postpaid plans effectively caps the customer outgo at ~Rs205-235/month and would likely delay the prospects of a tariff hike and 5G monetization until after the 2024 general elections.
Telecom major, Vodafone Idea's stock price nosedived to a fresh 52-week low on Monday after brokerage Kotak Institutional Equities said there could be a delay in tariff hikes and 5G monetization till the 2024 general elections. If that is the case, then the delay in the tariff hike could hurt Vodafone's Idea the most.
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