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Vodafone Idea Share Price Rebounds From Two-Day Slump On Hopes Of AGR Relief

Vodafone Idea's share price increased by nearly 4% following indications that the government may provide relief on adjusted gross revenue (AGR) dues. Union Telecom Minister Jyotiraditya Scindia stated that the government is awaiting a formal request from the company before proceeding with any potential relief measures.

Vodafone Idea Share Price Rebounds From Two-Day Slump On Hopes Of AGR Relief

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Key Highlights

  • Vodafone Idea share price rose 3.93% to Rs 10.32.
  • The increase in share price is due to hopes of relief on AGR dues.
  • Union Telecom Minister Jyotiraditya Scindia mentioned the need for a formal request from Vodafone Idea.
  • The government is assessing legal limitations set by a recent Supreme Court verdict.
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Sources

  1. Vodafone Idea Share Price Rebounds From Two-Day Slump On Hopes Of AGR Relief
  2. Vodafone Idea share price jumps 4%. What's behind the rise in telecom stock? Explained

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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