Vodafone Idea shares slide 4% as telco engages with govt for AGR relief post SC plea dismissal

June 3, 2025

Vodafone Idea’s shares fell despite ongoing talks with the government for AGR relief, highlighting the company’s financial struggles. CEO Akshaya Moondra emphasized the need for pricing reforms and government support, following a Supreme Court setback. Nuvama brokerage has reduced the share price target to Rs 7.

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