Telcos’ stocks rise ahead of AGR hearing, Vodafone Idea up 7%

Date:

Shares of telecom operators Vodafone Idea and Bharti Airtel rose on Monday ahead of the hearing on the AGR matter in the Supreme Court.

Around 1.45 p.m., shares of Vodafone Idea on the BSE were trading at Rs 9.50, higher by 6.98 percent from its previous close.

The share price of Bharti Airtel was higher by 1.12 percent at Rs 573.70.

The top court would hear on Monday the arguments on the government’s petition to allow telecom service providers to make staggered payments of the adjusted gross revenue (AGR) over a 20-year period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Irumudi to Peddi: OTT Verdict Sparks a Different Conversation

The difference between theatrical reception and OTT response has...

Nani Reveals Plans to Produce Dulquer Salmaan’s Next Telugu Film

Dulquer Salmaan has several interesting projects lined up, with...

Here’s the Core Theme of Nani-Srikanth Odela’s The Paradise

As the release of The Paradise approaches, more details...

The Paradise Fever in Nizam: 1 Lakh Tickets Sold, Rs. 1 Crore Gross in Minutes

Nani’s highly anticipated film The Paradise, directed by Srikanth...