Vodafone Idea surges 21% in two days, stock nears 52-week high

In the past two weeks, the stock has surged 34 per cent after the telecom service provider increased its prepaid tariff by 20-25 per cent from November 25, 2021

Shares of Vodafone Idea (VIL) were trading higher for the second straight day, up 6 per cent at Rs 13.40 on the BSE in Thursday’s intra-day trade, and have rallied as much as 21 per cent in past two days on the back of heavy volumes. The stock of telecom services provider was quoting near to its 52-week high level of Rs 13.80 touched on January 15, 2021.

In the past two weeks, the stock has surged 34 per cent after the company increased its prepaid tariff by 20-25 per cent from November 25, 2021. In comparison, the S&P