New Delhi. Two foreign brokerages have completely different opinions about the same stock. This stock is of telecom company Vodafone Idea (VI). Just a few days ago, Nomura had expressed hope of a huge rise in this stock. But now what another international brokerage firm Goldman Sachs has said has created doubts in the minds of investors. Goldman says that this stock is going to fall heavily.

The brokerage firm has predicted a 66 percent decline in this stock. That is, this stock can fall to around Rs 2.40. Currently, the price of this stock is Rs 7.10. The brokerage has maintained its 'sell' rating on it. Goldman has cited the company's weak quarterly results as the main reason behind this. However, apart from this, some other reasons have also been listed by Goldman Sachs due to which the brokerage has maintained its sell rating for this stock.

What are the other reasons?
The brokerage believes that the company's free cash flow and market share may remain under pressure. Apart from this, an estimate has also been made by the brokerage that the company's capex may remain weak compared to other companies in this sector. However, the brokerage also believes that the company has sufficient funding for the near future but the company is not seeing any benefit from it.

What was Nomura's prediction?
Brokerage firm Nomura said that its price would rise to Rs 14. This was a rise of about 90 percent from its current price. Along with this, the brokerage gave Vodafone-Idea a 'Buy' rating. Nomura believes that the decline in the number of customers of the company will reduce in FY 26, after which the company will gradually come on the path of growth in FY 27. The brokerage says that the company's investment to increase 4G coverage and the rollout of 5G will help in this growth.