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Voda Idea, Airtel recover from day's low as SC defers AGR hearing to July

The Supreme Court has given the Department of Telecommunication (DoT) time until July third week to consider the proposals by telecom companies.

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Mukul Rohatgi, Counsel of Vodafone Idea said it is an extremely precarious situation for the company and it is not in a position to give any fresh bank guarantees, the report said.

SI Reporter Mumbai

2 min read Last Updated : Jun 18 2020 | 1:19 PM IST

Shares of telecom service providers Bharti Airtel and Vodafone Idea were trading in the green at 12:26 pm, after the Supreme Court (SC) asked the telcos to file their financial statements before it and fixed adjusted gross revenue (AGR) related dues case against them for hearing in the first week of July. READ MORE

Bharti Airtel was trading 0.27 per cent higher at Rs 563.50, after hitting a high of Rs 572.85 during the SC hearing. However, Vodafone Idea was up 5 per cent at Rs 10.31, recovering nearly 14 per cent from the intraday's low of

Topics : Bharti Airtel Vodafone Idea Buzzing stocks Markets Sensex Nifty Adjusted gross revenue

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