Vodafone Idea shares in focus after company denies report on Rs 84,000 crore govt relief
ADVERTISEMENT The clarification comes after the BSE sought an explanation from the telecom company regarding a news article published on Tuesday, which claimed that Vodafone Idea shares had surged over 7% following reports of potential government relief.
In a regulatory filing, Vodafone Idea stated that it has not received any communication from the government concerning the matter mentioned in the news report. 'As and when there is any development which requires disclosure, we will do the needful,' the company said.
'This is with reference to the news article appeared in Mainstream Media on 24 June 2025, titled 'Vodafone Idea shares jump over 7% on reports of Govt. considering relief on Rs.84,000 crore dues' and the consequent material price movement in the Scrip of the Company today i.e. on 24 June, 2025,' the company's regulatory filing stated.Over the past one year, Vodafone Idea shares have declined sharply by 60.22%. On a year-to-date (YTD) basis, the stock is down 14.34%, while the six-month performance shows a drop of 8.03%. In the last three months, the stock has fallen by 6.40%. However, over the past one month, Vodafone Idea shares have managed to gain 1.4%.
ADVERTISEMENT Also read: HDFC Bank unit HDB Financial Services' IPO opens today; GMP at 10%. Should you subscribe?On Tuesday, the shares of Vodafone Idea closed 4.9% higher at Rs 6.87 on Tuesday.
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