Vodafone Idea's stock fell 13% after Goldman Sachs gave it a 'Sell' rating on Friday. Concerns rise about its future and market share.
Indus Towers' shares dropped 6% as Goldman Sachs downgraded the stock, saying its current price doesn’t match its actual value.
Vodafone Idea lost 1.57% as of 12:40 Monday 9th September. Goldman Sachs doesn’t see it recovering soon.
Bharti Airtel is doing well. Goldman Sachs increased its target price, expecting more growth and profits for the company.
Even with recent losses, Indus Towers' stock rose 75% in the last six months but is now above Goldman Sachs’ target price.