Vodafone Idea Share Price Highlights: Company says look forward to working with DoT to resolve AGR dues

Vodafone Idea Share Price Highlights:

The Supreme Court has provided some major relief for Vodafone Idea as it allowed the centre to reconsider the AGR dues to grant relief to the company. The apex court said that the order is applicable only in peculiar facts and circumstances of this case, given the equity stake and over 20 crore customers of the company. The Supreme Court said that it sees no reason why the centre should be prevented from reconsidering the issue. Although the central government, represented by Solicitor General Tushar Mehta has not submitted any resolution for Vodafone Idea, but it has received the blessings from the Supreme Court to provide any relief measure to the company. The stock had seen a sharp fall ahead of the AGR dues hearing, but has seen a sharp recovery from the lows after the announcement and continues to trade above the mark of ₹10 per share, eventually ending above that mark. Follow for all the Highlights.