Vodafone Idea slips as AGR dues hearing nears in Supreme Court
Vodafone Idea shares dropped 8% to ₹7.83 after a 24% monthly rally, as investors turned cautious ahead of a Supreme Court hearing on September 19 over additional AGR dues of ₹9,450 crore. The debt-laden telco, already burdened with nearly ₹2 trillion in liabilities, argues duplications in DoT's calculation. Retail sentiment, however, has stayed bullish.