Srinagar, June 27 -- Vodafone Idea shares have been on an upward trajectory over the past three trading sessions, buoyed by media reports suggesting that the government is considering relief measures for the debt-laden telecom company in relation to its hefty Adjusted Gross Revenue (AGR) dues. While Vodafone Idea has denied receiving any formal proposal of relief from the government regarding the Rs 84,000 crore dues, the speculation alone has driven renewed investor interest.
On Thursday, June 26, Vodafone Idea's stock closed 1.12% higher at Rs 7.21, marking a cumulative gain of over 10.5% in just three sessions. The rally comes amid reports that the government is evaluating options such as extending the AGR repayment timeline from six ...
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