At Rs.6.75, Vodafone Idea shares show the firm is hanging by a thread
Mumbai, July 30 -- Shares of Vodafone Idea Ltd slumped 27% on Monday and now trade at merely Rs.6.75 apiece. When Vodafone India Ltd and Idea Cellular Ltd had announced their merger in March 2017, they had envisaged a far greater value for the stock. At that time, the merger pact included a clause that gave Idea Cellular's promoter the right to purchase shares in the merged entity from Vodafone Group Plc at Rs.130 per share....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.