Saturday, December 13, 2025 | 08:36 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Street's contrasting reaction to AGR verdict hints at telecom duopoly

While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter

Airtel
premium

Brokerages have raised their target price on Airtel and suspended the rating of Vodafone Idea

Krishna Kant Mumbai
The stock market on Friday gave contrasting opinion on the financial impact of the Supreme Court (SC) rejection of mobile operators’ review plea on adjusted gross revenue (AGR) dues.

While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter.

Airtel ended the day with gains of 5 per cent that pushed its market capitalisation (m-cap) to an all-time high of Rs 2.57 trillion. In contrast, Vodafone Idea’s market capitalisation fell to Rs 12,960 crore. At its intra-day low, Vodafone Idea was down