Technology

Vodafone Idea shares rise after September quarter earnings

Vodafone Idea shares rise after September quarter earnings

Shares of Vodafone Idea rose over 7 per cent on Friday after the telco posted significant narrowing of losses to about Rs 7,218 crore for the September quarter. The stock rose by 6.44 per cent to Rs 8.92 on the BSE while on the NSE, it jumped 7.18 per cent to Rs 8.95. The company’s losses in Q2 FY20 had been at a staggering Rs 50,921.9 crore after it provisioned for Supreme Court mandated statutory dues.

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