Vodafone Idea rallies as hopes rise for year-end AGR relief

CHENNAI: Vodafone Idea shares climbed nearly 4 percent on Tuesday (2 December) in the early trade as investor sentiment turned positive on expectations that the government may finalise an AGR relief plan for the telecom operator by the end of the year. The stock, which has been volatile in recent weeks, gathered momentum in early trade as remarks from policymakers revived hopes of significant financial easing for the loss-making company.