Ambit upgrades Vodafone Idea #1 Upgrades to Buy from Under Review; target of Rs 21/ 2 Struggles of over a decade are easing. #3 Network upgrades won’t be constrained by funding. #4 Subscriber declines to be arrested in FY25E followed by all-round growth. #5 Government and investors to continue with equity support.live Ambit upgrades Vodafone Idea #1 Upgrades to Buy from Under Review; target of Rs 21/ #2 Struggles of over a decade are easing. #3 Network upgrades won’t be constrained by funding. #4 Subscriber declines to be arrested in FY25E followed by all-round growth. #5 Government and investors to continue with equity support.live