New Delhi, May 11 -- Vodafone Idea share price surged as much as 9.96% to Rs.12.37 apiece in Monday's trading session. The stock opened at Rs.11.22 apiece today, as compared to the previous close of Rs.11.25 on Friday last week.

The telecom stock has delivered significant gains of over 27% in a month despite weak market sentiments.

According to a Bloomberg report, Vodafone Group Plc is considering measures to bolster the capital base of its listed Indian subsidiary after the Indian government eased outstanding spectrum fee liabilities, giving the telecom venture an opportunity for a fresh revival.

The UK telecom giant, which owns a 19% stake in Vodafone Idea, is reportedly assessing a proposal to transfer part of its shareholding to th...