India, Feb. 26 -- Vodafone Idea's shares jumped over 9% on the Bombay Stock Exchange (BSE) on 23 February 2024, ahead of the company's board meeting on February 27, 2024, to consider equity fundraising.The company's stock price rose by 8.42% to Rs 17.65, up from the previous close, following the announcement that Vodafone Idea would consider raising funds in one or more tranches by way of a rights issue, further public offer, private placement, including preferential allotment, qualified institutions placement, or through any other permissible mode.The company's board meeting is expected to discuss the specifics of the fundraising initiative.

Vodafone Idea's shares have been on an upward trajectory, having risen over 112% in the past six...