Vodafone Idea’s shares have jumped 14% in seven trading sessions, despite losing market share and active subscribers in May. ICICI Securities reported a dip of 1.3 million active subscribers for Vodafone Idea, while competitors gained. The company also announced changes to its Articles of Association, reducing the minimum shareholding for significant shareholders.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The