Vodafone Idea trims gains, trades 1% higher; Supreme Court permits Centre to review AGR dues

Vodafone Idea share price surged nearly 10% in the intraday trade today, after the Supreme Court permitted the Central government to reconsider the issue of reassessing the company’s adjusted gross revenue (AGR) dues.

The apex court’s decision is seen as a key breather for the debt-ridden telecom operator, which has been struggling under the burden of massive AGR liabilities for years.