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Vodafone Idea stock gains over 2% as report says fresh investor interest from JSW, ST Telemedia
Multiple domestic and global investors including JSW Group and Singapore-based ST Telemedia are exploring a potential stake in the telecom operator, according to a report. The discussions are said to be exploratory in nature,
Indus Towers, Vodafone Idea gain up to 2.6% after Nomura's telecom outlook
Indus Towers shares rose 2.51% to Rs 392.40, while Vodafone Idea gained 2.60% to Rs 14.21 in afternoon trade. However, Bharti Airtel bucked the trend, falling 1.42% to Rs 1,898.40
Closing Bell: Nifty below 25,200, Sensex tanks 961 pts; realty, metal, FMCG top drag
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Vodafone Idea stock jumps nearly 3% after Bombay HC relief in Rs 2,113 crore spectrum charges case
The matter pertains to DoT's decision to levy one-time spectrum charges on telecom operators for spectrum holdings beyond 6.2 MHz.