Vodafone Idea shares tank 20%, Indus Towers 14% after SC rejects AGR plea
By
Binu Mathew
Vodafone Idea share price: Vodafone Idea share price plunged 22.4 per cent intraday to Rs 10 per share on the National Stock Exchange (NSE) on Thursday. The crash in Vodafone Idea’s stock price came after the Supreme Court rejected telecom companies’ plea on re-computation of adjusted gross revenues (AGR). With this, the stock fell below its follow-on public offer (FPO) price of Rs 11 per share.