Synopsis : Vodafone Idea’s shares fell 12% after the Supreme Court clarified that AGR relief applies only to the company and is limited to dues till FY 2016-17, heightening investor concerns over its financial strain and outlook.
This is one of the leading telecom service providers in India and is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards is now in the focus after Supreme Court delivered a written order explaining that the relief on AGR dues
With market capitalization of Rs. 93,717 cr, the shares of Vodafone Idea Ltd are currently trading at Rs. 8.7 per share, decreasing 12% in today’s market, making a low of Rs. 8.21, from its previous close of Rs. 9.36 per share.
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Vodafone Idea’s shares have fallen today after the Supr

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