Voda-Idea hits 52-wk low; falls 12% in 2 days as SC dismisses AGR dues plea

Quick Summary:

Vodafone Idea said that the Hon'ble Supreme Court refused to admit the Writ Petition filed by the company, seeking appropriate relief in the AGR matter.

Shares of Vodafone Idea (Vi) hit a 52-week low of ₹9.46 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade amid heavy volumes.

The telcos were looking for relief related to payment of interest, penalty, and interest on penalty components as part of their AGR dues.

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Article Details

Category: BusinessFinance

Markets: India

Topics: AGR dues Telecom services provider CARE Ratings Adjusted gross revenue DoT Supreme Court Department of Telecommunications Vodafone Idea 52-week low ICRA Vi

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 15:14:20 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 26 lines

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Copyright Owner: © Business Standard

News ID: 28870268

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