Shares of Vodafone Idea Ltd (VIL) plunged 12 per cent in Thursday’s trade after the Supreme Court's detailed written order regarding the company's adjusted gross revenue (AGR) plea raised concerns over the potential scope of relief.

Shares of Vodafone Idea slipped on Thursday, falling as much as 12.3 per cent to hit a day’s low of Rs 8.21 on the BSE, against the previous close of Rs 9.37 apiece. At the last check, the stock was trading 10.25 per cent lower at Rs 8.41. The counter has lost 16 per cent over the past three trading sessions. Advertisement

The pessimism on Thursday stemmed from the Supreme Court’s written judgment, which clarified that its ruling applied solely to Vodafone Idea, given the specific facts and circumstances of the case. The court also noted that the plea was co

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