Vodafone Idea share price extends gains on fundraising buzz; Telecom stock jumps 15% in five sessions

Vodafone Idea share price traded higher on Thursday, extending gains for the third straight session, amid heavy buying volumes. Vodafone Idea shares rose as much as 2.38% to ₹7.30 apiece on the BSE. The telecom stock has rallied 15% in five sessions.

The latest gains in Vodafone Idea shares come amid reports that the telco seeks to raise ₹25,000 crore in loans from banks to bolster its network and compete better with large rivals.

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