New Delhi, June 3 -- Vodafone Idea share price traded higher on Wednesday despite weakness in the broader Indian stock market, lifted by sustained buying interest in the stock. Vodafone Idea shares rose as much as 0.91% to Rs.14.29 apiece on the BSE.

The recent rally in Vodafone Idea shares came after ICRA upgraded its credit rating and outlook on the stock.

The ratings agency upgraded its credit rating on Vodafone Idea to A- on Tuesday, from BBB earlier. ICRA also revised its outlook to 'Stable' from its previous outlook of 'Positive'.

The rating upgrade factors in support from the promoter Aditya Birla Group, which has further strengthened with the re‑appointment of Kumar Mangalam Birla as the Chairman of the board, and with th...