Voda-Idea shares jump 14% after arbitration case win; m-cap at Rs 29,769 cr

Shares of Vodafone Idea Ltd zoomed nearly 14 per cent on Friday after Vodafone won the arbitration case against India over Rs 20,000 crore retrospective tax dispute.

The stock jumped 13.60 per cent to close at Rs 10.36 on the BSE. During the day, it zoomed 14.91 per cent to Rs 10.48.

On the NSE, it gained 13.18 per cent to close at Rs 10.30. The company's market valuation rose by Rs 3,563.86 crore to Rs 29,769.86 crore on the BSE.

Vodafone has won the arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using