New Delhi, May 10 -- Vodafone Idea share price closed the week in green, witnessing over 10% rally in the last seven days. The telecom stock has surged as much as 22% in the last month.

On Friday, the stock closed with marginal gains at Rs.11.24 apiece, as compared to the previous close of Rs.11.23 on NSE.

According to a Bloomberg report, Vodafone Group Plc is exploring a plan to strengthen the capital position of its listed Indian arm after the Indian government reduced dues related to pending spectrum fees, offering the venture a chance for a fresh start.

The UK-based telecom major, which holds a 19% stake in Vodafone Idea Ltd., is evaluating a proposal to transfer a portion of its shareholding to the Indian entity as treasury stock,...