Stock Market Today, Feb. 12 -- Shares of Vodafone Idea tumbled 6.5% in today's early morning trade, February 12, hitting a three-week low of Rs.8.21 apiece. This decline came despite the telecom company reporting a smaller-than-expected loss in the December quarter, however, it missed analysts revenue estimates.

On Tuesday, the company reported a reduction in its consolidated net loss for the December quarter to Rs.6,609 crore, compared to Rs.6,986 crore in the same period last year. Losses also declined sequentially, as the company had previously reported a consolidated loss of Rs.7,176 crore in the July-September quarter.

The company's average revenue per user (ARPU), a key performance metric for telecom firms, rose 4.2% from the prev...