Telecom Shares Including Vodafone Idea, MTNL Register Strong Rally In Stock Market. Here's Why
4 months ago

Telecom Shares Including Vodafone Idea, MTNL Register Strong Rally In Stock Market. Here's Why

ABP News  

The stock market on Tuesday witnessed a major rally amongst telecom stocks. As markets opened, shares of Vodafone Idea jumped 15 per cent surpassing Rs 8 apiece, while MTNL shares soared almost 9 per cent to reach Rs 51.45 per stock in the market. Bharti Airtel also recorded mild gains in the stock market as its shares inched up by 0.30 per cent to trade at Rs 1,583 apiece. The decision provided a relief to telecom operators, specially Vodafone Idea which owes the government more than Rs 24,700 crore in bank guarantees, the news agency stated. As of 11:47 AM, the shares of MTNL climbed over 6 per cent to reach Rs 50.14 apiece, while Vodafone Idea shares jumped more than 13 per cent and stood at Rs 7.89 apiece in the market.

History of this topic

Vodafone Idea share price up 20% after govt converts ₹36,950 crore dues into equity; Citi projects 77% upside
Trending News
17 hours, 32 minutes ago
Vodafone Idea share price up 20% after govt converts ₹36,950 crore dues into equity; Citi projects 77% upside
Trending News
17 hours, 32 minutes ago
Government to increase stake in Vodafone Idea to 48.99% in lieu of spectrum auction dues
2 days, 6 hours ago
TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today
1 week ago
Vodafone Idea explores partnership with Musk's Starlink
1 week, 6 days ago
Vodafone Idea launches 5G services starting in Mumbai; stock goes up 5%
Trending News
1 week, 6 days ago
Vodafone Idea shares jump 4% after 5G launch in Mumbai. Check key details
1 week, 6 days ago
MTNL Stock Soars Over 12% In Trading Surge; Here's Why
2 weeks, 5 days ago
MTNL share price jumps 18% to 3-week high. What’s powering the upside?
2 weeks, 5 days ago
Explained: Why MTNL share price rose 18% today
2 weeks, 5 days ago
Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down
2 weeks, 6 days ago
Small-cap telecom stock jumps after THIS acquisition update. Do you own?
1 month, 2 weeks ago
MTNL share price: PSU stock surges 10% on likely Cabinet nod to ₹6,000 crore package for 4G expansion
1 month, 3 weeks ago
MTNL share price jumps 20% to hit upper circuit; what’s driving this telecom stock?
1 month, 3 weeks ago
Vodafone Idea share price declines 4% post clarification on AGR dues waiver
2 months, 1 week ago
Vodafone Idea share price hits 10% upper circuit on potential AGR waiver buzz
2 months, 1 week ago
Explained: Why Vodafone Idea share price jumped 15% today
2 months, 1 week ago
Vodafone Idea share price jumps 5% after these fresh divestments. Details here
2 months, 2 weeks ago
Vodafone sells remaining £269 million stake in Indian telecoms group
2 months, 3 weeks ago
Vodafone Idea clears outstanding dues to Indus Towers with capital infusion from parent
2 months, 3 weeks ago
Vodafone Idea share price declines 2% despite raising Rs1910 crore from promoters through preferential allotment
2 months, 3 weeks ago
Vodafone Idea likely to launch 5G broadband services in March: Report
Trending News
2 months, 4 weeks ago
Vodafone Idea share price in focus: Department of Telecommunications letter provides relief on bank guarantees
3 months ago
Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
3 months, 1 week ago
Vodafone Idea share price jumps 5% from intraday low; can it rise more?
3 months, 2 weeks ago
MTNL share price jumps over 12% today. What's behind the rally?
3 months, 2 weeks ago
Vodafone Idea share price climbs over 2%; here’s why
3 months, 3 weeks ago
Stocks to watch today: Adani stocks, Vodafone Idea, Godrej Consumer, Tata Motors
3 months, 3 weeks ago
Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise proposal today
3 months, 3 weeks ago
Vodafone Idea to consider raising funds worth ₹2,000-crore on Dec 9 via preferential issue to promoter group
3 months, 3 weeks ago
Vodafone Idea share price gains 4.5%: To consider raising funds on 9 December
3 months, 3 weeks ago
Vodafone Idea Share Price Today on 27-11-2024: Vodafone Idea share price are up by 2.79%, Nifty up by 0.05%
4 months ago
Vodafone Idea Share Price Today on 26-11-2024: Vodafone Idea share price are up by 13.47%, Nifty down by -0.09%
4 months ago
Explained: Why Vodafone Idea shares jumped 18% today
4 months ago
Vodafone Idea Share Price Today on 25-11-2024: Vodafone Idea share price are up by 1.65%, Nifty up by 1.82%
4 months, 1 week ago
Vodafone Idea Share Price Today on 22-11-2024: Vodafone Idea share price are down by -2.75%, Nifty up by 0.71%
4 months, 1 week ago
91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains ’buy’ call
4 months, 2 weeks ago
Vodafone Idea Share Price Today on 13-11-2024: Vodafone Idea share price are down by -3.91%, Nifty down by -1.36%
4 months, 2 weeks ago
Vodafone Idea Share Price Today on 12-11-2024: Vodafone Idea share price are down by -2.04%, Nifty down by -1.07%
4 months, 2 weeks ago
Vodafone Idea Share Price Today on 11-11-2024: Vodafone Idea share price are down by -0.63%, Nifty down by -0.03%
4 months, 3 weeks ago
Vodafone Idea Share Price Today on 05-11-2024: Vodafone Idea share price are up by 3.17%, Nifty up by 0.91%
4 months, 3 weeks ago
Vodafone Idea Share Price Today: Up 5.85%, Nifty Down by -0.3%
5 months ago
Vodafone Idea Share Price Today: A Downward Trend with Technical Indicators
5 months ago
Vodafone Idea's stock plummets 14 per cent after Goldman Sachs' bleak forecast
6 months, 3 weeks ago
Vodafone Idea share price jumps 10% as focus shifts on FPO allotment, listing date
11 months, 1 week ago
Vodafone Idea Rs 18,000-crore FPO Anchor Book Opens Today, Stock Falls 4%
11 months, 2 weeks ago
Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel
1 year, 1 month ago
Vodafone Idea clears air on talks with Elon Musk's Starlink
1 year, 2 months ago
Vodafone Idea Stocks Soar 23% Amidst Buzz Of Equity Infusion
1 year, 3 months ago

Discover Related