Vodafone Idea share price declines 2% despite raising Rs1910 crore from promoters through preferential allotment

Stock Market Today: Vodafone Idea share price declined more than 2% in morning trades on Friday. The down trend in the stock continues despite company’s announcent approving preferential allotment of 169,32,18,361 Equity Shares to Promoter aggregating to ₹1910 crore.

The Vodafone Idea share price opened at ₹7.93 on the BSE on Friday, flat over the previous day close.