Shares of Vodafone Idea Limited (Vi) surged by over 5% on the stock exchanges, hitting a multi-month high following an…
Browsing: Kumar Mangalam Birla
Concerns Regarding Financial Position and Subscriber LossesDuring the recent extraordinary general meeting (EGM), retail shareholders of Vodafone Idea raised significant concerns regarding the company’s deteriorating financial position. A critical metric highlighted by investors was the total amount of government dues, which has reached alarming levels. The company’s liability has contributed to fears of possible defaults…