India, April 1 -- Shares of Vodafone Idea soared 10% on Tuesday after it was announced that the government's stake in the company will more than double to 48.99% through the acquisition of shares worth Rs 36,950 crore in exchange for outstanding spectrum auction dues.
The stock hit its upper circuit limit, rising 9.99% to Rs 7.49 on the BSE, while on the NSE, it climbed 10% to Rs 7.48, reaching the highest permissible trading limit for the day.
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