The shares of Vodafone Idea (Vi) have surged nearly 80% in less than three months and 110% in one year, with analysts advising investors to exercise caution amid underlying fundamental concerns.
After hitting a multi-month low of Rs 8.13 apiece on NSE in April this year, the stock jumped around 89% to hit a fresh 52-week high of Rs 15.34 apiece earlier this month. While it has corrected slightly from that level, it is trading significantly higher than the low.
