Vodafone Idea shares got stabilised on Friday, rising 1.45 per cent to Rs 10.53, following a 20 per cent slide in the previous session, thanks to reports by a host of brokerages that suggested the stock may be factoring in the AGR setback.

Mumbai: Financially troubled telecom operator Vodafone Idea (Vi) has scheduled an unexpected meeting with investors and analysts on September 23. In a stock exchange filing, Vi stated that the 30-minute call will focus on "recent events." The discussion will have CEO Akshaya Moondra and CFO Murthy GVAS, along with other senior executives.

Vodafone Idea has called for an urgent investor meet after the Supreme Court's AGR ruling debacle that threw its shares sharply below the Rs 10-mark. The investor meet has been called on to discuss what the company has referred to as "recent events".

Vodafone Idea shares hit 15% lower circuit after the Supreme Court rejected telecom companies’ plea on re-computation of adjusted gross revenues (AGR) dues.

The lowest price target has been given by Goldman Sachs, with a 'Sell' rating, as it sees no government support/relief in AGR liabilities

Vodafone Idea's shares saw some stability on Friday, going up by 1.45 per cent to Rs 10.53. This came after a sharp 20 per cent drop in the previous session. Several brokerage reports indicated that the stock might have already accounted for the AGR setback.

Vi shares plummeted nearly 20 per cent on Thursday’s trade to close at ₹10.38 on the BSE after the Supreme Court dismissed pleas filed by telecos seeking correction of alleged errors in the adjusted gross revenue (AGR). The move has invited mixed opinions from brokerages.

The telecom company, struggling under massive debt, is facing heightened uncertainty following the Supreme Court's decision

Telecom major Vodafone Idea Ltd. has called for an urgent meeting with investors and analysts, scheduled for Monday, September 23, 2024. "Vodafone Idea Limited will host a conference call with its senior management on Monday,

Vodafone Idea shares fell nearly 20% in the last two days as SC dismissed a batch of pleas seeking correction of alleged errors in the Adjusted Gross Revenue

The Vi stock rose 1.35 per cent on Friday to close at Rs 10.52 a piece, a day after plummeting by 19.7 per cent