VI shares soar past ₹11, could hit ₹15-₹16 on AGR relief: Expert

• Vodafone Idea (Vi) shares surged over 127% in a month, rising from ₹6 to above ₹11.
• The rally is attributed to changed market sentiment and government's stance on AGR, hinting at Vi's survival.
• Analyst Anuj Singhal notes significant supply resistance expected between ₹11 and ₹11.5 from existing investors.
• Sustaining above ₹11 is crucial; positive government relief on AGR could push shares to ₹15-₹16.
• Future share movement depends on government decisions, company actions, and potential tariff hikes.

Why It Matters: Vodafone Idea's stock surge offers investors potential for significant gains.