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Vodafone Idea shares fell up to 12% on October 30 after the Supreme Court's written order on the telecom company's additional adjusted gross revenue (AGR) plea. This had a rub off effect on other telecom stocks as well with Indus Towers and Bharti Airtel trading 3% and 1.5% lower, respectively. At 10:30 am on October 30, Bharti Hexacom shares were trading nearly 3% lower at Rs 1,861 apiece.
The apex court, on October 27, allowed the Centre to reconsider Vodafone Idea's AGR dues. On October 29, the top court's written judgment stated that the order pertains only to Vodafone Idea due to the peculiar facts and circumstances of the case.
The Supreme Court’s o

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