Vodafone Idea extends rally, zooms 129% in 10 trading sessions

Truman Slate

Shares of Vodafone Strategy ongoing their northward movement, and were being trading greater for the tenth straight session on the Countrywide Inventory Exchange (NSE). The inventory selling price surged 20 per cent to Rs 12.sixty on the NSE on Monday in the early morning trade.

In the previous 10 periods, the inventory selling price of the telecom services provider has zoomed 129 per cent from stage of Rs 5.fifty hit on May well 26, as in comparison to 12 per cent rise in the Nifty fifty index. It is trading shut to its fifty two-7 days large of Rs 14 touched on June six, 2019.

The inventory is trading over its rights challenge selling price of Rs 12.fifty per share for the initially time because July 5, 2019. Final year, Vodafone Strategy had elevated Rs twenty five,000 crore by means of rights challenge, by issuing 87 rights shares for every

Read More