Vodafone Idea shares have surged 61 percent since April and hit a 52-week high. Government relief on dues along with fresh promoter funding has supported the rise. The company also reports narrowing losses and higher revenue per user.
Vodafone Idea shares are soaring after receiving government relief on adjusted gross revenue dues. Fresh funding from promoters has added further momentum to the stock price increase since April. The telecom firm is showing signs of operational recovery with reduced losses and rising average revenue per user.
