Shares of Vodafone Idea (Vi) surged over 7% at ₹12.6 apiece on the BSE in Wednesday’s early deals after the stock tanked nearly 21% yesterday as the debt-ridden firm decided to opt for converting interest and AGR dues to the government into equity which will lead to the govt owning 35.8% stake in the telco.
Vodafone Idea shares surge today after Tuesday’s sharp plunge. What brokerages say?
Vodafone Idea shares rally 7% after Tuesday’s knee-jerk reaction
Govt to become largest shareholder in Vodafone-Idea — What it means for investors & industry
Government stake in Vi to be ‘credit positive’ for investors: Analysts
