Vodafone Idea shares jump 7% as telco set to consider fundraise on May 16. What lies ahead?

May 13, 2026

Vodafone Idea shares surged 7% to a four-month high after announcing a board meeting on May 16 to consider a fundraise via equity and warrants. This follows a significant reduction in its adjusted gross revenue (AGR) dues by the government, boosting investor confidence.

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