Vodafone Idea shares zoom 11% on reports of AGR relief package from govt

Vodafone Idea (Vi) shares witnessed a significant uptick of 11.13% during Thursday’s trading session, with the stock touching an intraday high of Rs 7.29 on the BSE after reports that the Prime Minister’s Office (PMO) is expected to deliberate on a comprehensive relief package for the debt-laden telecom major on the issues related to the AGR dues.

According to a Moneycontrol report, there is a potential government intervention for the financially strained telecom operator.