Vodafone Idea shares end 4% up ahead of Supreme Court’s Friday hearing
By
Binu Mathew
Shares of Vodafone Idea rallied 7% intraday on Tuesday to hit the day’s high of Rs 8.97 on the NSE amid hopes of some relief from India’s Supreme Court on the government’s Adjusted Gross Revenue (AGR) dues demand of Rs 9,450 crore. The apex court will hear the case on Friday, September 26.
The stock witnessed strong response from investors as 128.6 crore shares changed hands on the NSE with total traded value recorded at Rs 1,117.51 crore. It closed the Tuesday session at Rs 8.75, gaining 4.3%
