New Delhi, Aug. 27 -- Shares of Vodafone Idea edged lower in Thursday's trade, August 27, falling 0.5% to Rs.14.95 apiece as investors appeared to book profits following the stock's recent stellar rally, which pushed it close to a two-year high.

Multiple positive developments, along with expectations of a potential tariff hike, have helped the stock emerge as one of the top performers in the large-cap space. Earlier this week, Vodafone Idea shares climbed to Rs.15.37, a level not seen since September 2024, and the stock has gained around 15% so far in August.

On Tuesday, the stock surged 8%, marking its biggest single-day jump in more than three months, after a Money Control report showed that the Delhi High Court had criticised the Inc...