Vodafone Idea shares surged to a day’s high on May 15, 2025, after the telecom giant filed a fresh plea in the Supreme Court seeking over ₹30,000 crore in relief related to its Adjusted Gross Revenue (AGR) dues. The petition specifically targets the waiver of interest, penalties, and associated charges—news that quickly sparked investor optimism and led to a sharp spike in the stock.
Vodafone Idea Shares Surged to a Day’s High After Supreme Court Move
The company’s legal action has reignited hopes for significant financial reprieve, prompting a bullish reaction in the stock market. Vodafone Idea shares surged to a day’s high as investors responded positively to the potential easing of one of the company’s most pressing liabilities. Analysts suggest that if the plea is successful, it could substantially improve Vodafone Idea’s short-term liquidity position and bolster investor confidence.
This rally follows a series of government-led support initiatives aimed at stabilizing the telecom firm. In an earlier move, the Indian government converted ₹36,950 crore worth of Vodafone Idea’s spectrum auction dues into equity, raising its stake to nearly 49%. While this step provided much-needed breathing room, industry observers caution that it only addresses part of the company’s broader financial challenges.
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Market Reacts to Potential ₹30,000 Crore Relief
Despite the enthusiasm, experts warn that Vodafone Idea still faces critical structural hurdles. These include the need for tariff hikes, subscriber base retention, and further AGR-related concessions to ensure long-term viability. Nevertheless, Vodafone Idea shares surged to a day’s high, highlighting investor belief in the company’s ongoing turnaround efforts.
If granted, the ₹30,000 crore relief would be a major milestone, giving Vodafone Idea the momentum it needs to restructure and recover in an intensely competitive telecom market.
