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Palak Jain

9th Jan · SEBI-Registered Analyst

Vodafone Idea share price spikes over 8% on AGR relief confirmation

IDEA
Idea’s shares jumped over 8 per cent on Friday to hit an intraday high of Rs 12.52 after the company announced that the Department of Telecommunications (DoT) had granted significant relief in the long‑pending AGR case. From its intraday high, the stock was just 2 per cent shy of its 52‑week peak of Rs 12.80, recorded on December 31, 2025. In the near term the stock has fared better, rising nearly 63 per cent in six months compared to hike of 50 per cent in one year and a marginal gain of 0.43 per cent in five years. The stock's Relative Strength Index was 62. Notably, an RSI above 70 indicates that the stock is overbought, and below 30 indicates the stock is oversold. Meanwhile, 30 to 70 indicates a neutral zone, with 50 often indicating no strong trend.

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