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Vodafone Idea's ₹34,000 m-cap wiped out as shares fall 33% in Sept
short by Debaroti Adhikary / on Tuesday, 1 October, 2024
Shares of Vodafone Idea (Vi) dropped over 33% in September, marking the stock's sharpest fall since October 2019. Its market capitalisation (m-cap) fell by ₹34,000 crore, from ₹1.06 lakh crore to ₹72,000 crore, during the month. The steep decline was fuelled by Supreme Court's rejection of plea for re-computation of adjusted gross revenue (AGR) dues.
read more at Moneycontrol