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Vodafone Idea shares jump 3% but Nomura, other brokerages remain cautious; here’s why

Posted on May 19, 2026
By Business News Today
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1 min read

Vodafone Idea shares jump 3% but Nomura, other brokerages remain cautious; here’s why

Vodafone Idea shares surged nearing a 52-week high after reporting a significant net profit jump driven by an accounting gain. The company's revenue and ARPU also saw growth, though analysts remain cautious about future prospects and debt funding.