Vodafone Idea Gains Hope As Centre May Reconsider AGR Dues After Supreme Court Hearing

Vodafone Idea received a major relief after the Supreme Court allowed the Central Government to reconsider the company’s long-standing AGR dues. This landmark development could ease the financial burden that has weighed on Vodafone Idea for years. The move is seen as a lifeline for India’s third-largest telecom player, safeguarding over 200 million consumers and preserving competition in the telecom sector. Experts believe this could be a turning point for the company, with renewed investor confidence and potential upside ahead. Market analysts suggest maintaining a strict stop-loss of ₹7.5 while tracking further policy developments.