Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues

Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues

Vodafone Idea shares extended losses for the second straight session, falling 11.3% over two days to touch an intraday low of Rs 6.56 on Thursday. The decline comes after the government clarified that no additional relief will be considered for the financially stressed telecom operator with respect to its adjusted gross revenue (AGR) dues. The … Read more

Vodafone Idea shares rally over 10% in 2 days amid AGR relief buzz

Vodafone Idea shares rally over 10% in 2 days amid AGR relief buzz

Shares of Vodafone Idea extended their rebound on Monday, rising as much as 2.3% to Rs 7.23 on BSE after an 8% surge on Friday. The two-day rally of 10.2% follows reports that the Prime Minister’s Office is reviewing a relief package for the debt-laden telecom operator, rekindling hopes of support on its massive adjusted … Read more

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Driven by investors’ interest, the shares of Vodafone Idea have surged by 14% in 7 trading sessions, to a high of Rs 7.49 hit on the BSE in today’s trade. This comes even as the company witnessed a loss of market share as well as active subscribers in the month of May. On the performance … Read more

Profit Booking! Medium, small and microcaps in line of investors’ ire

Profit Booking! Medium, small and microcaps in line of investors’ ire

Broader markets catalysed the market fall on Tuesday with medium, small and microcap indices treading in deep red around 12:15 pm. The Nifty Midcap 100 index fell by over 7% or 3,700 points around this time to hit the day’s low of 49,623.10. This comes after a meteoric Monday rise after most exit polls gave … Read more