Vodafone Idea shares plummet 10% after Centre rules out further AGR relief. Should you exit now?
By
Binu Mathew
Shares of Vodafone Idea plummeted 10% to their day’s low of Rs 6.66 on the BSE on Tuesday after the government clarified that no additional relief is being considered for the telecom operator with respect to its adjusted gross revenue (AGR) dues.
The statement comes amid ongoing concerns about the company’s financial health and its ability to manage its obligations.
