Vodafone Idea Shares Surge 8%; Here's What's Driving the Rally
Bengaluru, Aug. 25 -- The shares of the company are one of the leading telecom service providers in India engaged in the business of Mobility and Long Distance services, trading of handsets and data cards are in the spotlight after rising by 8 per cent in today's market session, fueled by reports indicating that company is in the final stages of securing a major debt funding package.
With a market capitalisation of Rs. 1,64,464 cr, the shares of Vodafone Idea Ltd were trading at Rs. 15.18 per share, increasing 8% in today's market session, making a high of Rs. 15.30, up from its previous close of Rs. 14.06 per share. The stock has delivered strong returns across multiple timeframes, surging 105% over the past year, 31% YTD, 42% in the la...
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