Vodafone Idea shares skyrocket 48% intraday


Published On: Wednesday, February 19, 2020 | By:

Vodafone Idea shares skyrocket 48% intraday

Vodafone Idea share price surged as much as 48 per cent intraday on February 19. As the government officials from the finance and the telecom ministry met today, they indicated doing all that is possible to retain at least three private players in the industry. Vodafone Idea on February 17 authorised an immediate payment of Rs 2,500 crore to the DoT as part payment of AGR dues and would pay another Rs 1,000 crore before the end of the week. Analysts suggest investors exit their investment in Vodafone Idea citing regulatory-related volatility and risks. Only short term trading could be done and investment should be avoided as of now

Tags: Idea

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