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Palak Jain

6th Oct · SEBI-Registered Analyst

Vodafone Idea share price falls 4% after SC again defers AGR dues hearing; should you buy Vi stock?

IDEA
Idea AGR Dues Hearing: Vodafone Idea share price on Monday (October 6) fell sharply as much as 5.50 per cent soon after the Supreme Court deferred the hearing again on the company's petition against the duplication of AGR dues. The top court will now hear the matter on October 13. Vodafone Idea shares traded 4 per cent lower at Rs 8.48 around 1 PM. More than 100 crore shares of Vi changed hands around the same time. Vi shares made an intraday low of s 8.33, down 5.56 per cent. The counter is currently trading higher than all the key moving averages (5-day, 20-day, 50-day, 100-day and 200-day).

#SectorBreakouts#TimeToExit#EquityResearch#MacroViews
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