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Vodafone Idea shares ease after sharp rally
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Vodafone Idea Shares Decline Post Significant Rally: Market Update
Economy

Vodafone Idea Shares Decline Post Significant Rally: Market Update

Economy Desk By Economy Desk September 17, 2025 2 Min Read
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Vodafone Idea shares experienced a decline in afternoon trading on Monday, reversing an eight-session rally that had seen the stock rise over 20%. As of 1:04 PM on September 16, the stock was priced at ₹8.04 on the National Stock Exchange (NSE), reflecting a decrease of 1.23% from the previous close of ₹8.14.

The stock opened at ₹8.23, reaching an intraday high of ₹8.24 before dropping to a low of ₹7.82. Trading activity remained robust, with volumes surpassing 6.451 crore shares and a turnover of approximately ₹515 crore. The company’s market capitalization was recorded at ₹87,108 crore, with a free float value of ₹22,137 crore.

Participation in trading has increased, with buy orders amounting to nearly seven crore shares against a sell quantity exceeding 9.6 crore shares. The deliverable quantity constituted 34.22% of the total traded volume.

Over the past year, Vodafone Idea’s stock has exhibited significant variability, achieving a 52-week high of ₹13.50 in September 2024 and a low of ₹6.12 in August 2025. Currently, the stock is fluctuating between an upper resistance level of ₹8.95 and a lower support level of ₹7.32.

In a separate legal matter, the company has appealed to the Supreme Court concerning an additional demand of ₹9,450 crore in adjusted gross revenue (AGR) dues raised by the Department of Telecommunications (DoT), with the hearing tentatively slated for September 19.

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