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Telecom stock rallies as policy expectations lift investor sentiment
Vodafone Idea shares touched a 52-week high after reports of potential government relief on AGR dues boosted sentiment around the telecom operator’s regulatory and financial outlook.
Vodafone Idea shares surged to a new 52-week high during trading after reports indicated possible government relief on adjusted gross revenue dues. The stock movement reflected renewed investor optimism around the company’s financial position and regulatory support prospects. Trading volumes increased as market participants reacted to policy-related developments, while the broader telecom sector remained in focus amid ongoing discussions on long-term viability.