← Latest news 
Vodafone Idea shares jump 30 percent in a month but analysts warn of a snapback
Business
Published on 13 May 2026

A tariff bill cut and a new chairman sparked the rally
Vodafone Idea shares have surged about 30% in a month after a reduction in AGR dues and the return of Kumar Mangalam Birla as chairman. Reports that Vodafone Plc may consider a share transfer further added fuel. Still, analysts advise waiting for consolidation, saying the sharp rally may be fragile even as turnaround-focused investors take notice.
- Shares rose 30% in a month on AGR dues relief
- Kumar Mangalam Birla returning as chairman boosted sentiment
- Vodafone Plc share transfer talk added momentum
- Analysts recommend waiting for consolidation after the surge
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
