Vodafone Idea shares have closed below their 200-Day Moving Average, something that the stock had not done since June this year.

Vodafone Idea stocks fell 21% to ₹10.69 at 12.15 p.m. on September 19, from the day’s open of ₹12.99 as Supreme Court rejected the company’s curative petition on Adjusted Gross Revenues (AGR) dues.

Vodafone Idea and Indus Towers shares tumbled after the Supreme Court dismissed their pleas seeking correction of alleged errors in the adjusted gross revenue (AGR) calculation.

For Vi, in 2019, the Supreme Court upheld the Department of Telecom's AGR demand, resulting in a burden of ₹58,000 crore.

Vodafone (LON: VOD) share price retreated by over 2% in London and by 0.50% in the US pre-market session on Thursday. It fell to a low of 76.32p, down from this week’s high of 79.50. Still, it is one of the best-performing companies in the FTSE 100 index as it jumped by 30% from its

Vodafone Idea and Indus Towers experienced substantial declines in their share prices following the Supreme Court's dismissal of their pleas to correc

During intraday trading, the shares of Vodafone Idea decline over 15 per cent, trading at Rs 10.96 apiece. Similarly, the stocks of Indus Tower nosedive over 10 per cent to Rs 384.80 apiece.

Shares of Vodafone Idea Ltd and Indus Towers on Thursday (September 19) experienced a sharp decline, with Vodafone Idea's stock hitting the 15 percent lower circuit limit and Indus Towers falling by 10 percent.

The stock was last seen trading 12.01 per cent lower at Rs 11.36. At this price, it has declined 33.14 per cent on a year-to-date (YTD) basis.

Supreme Court rejects telecom companies' plea to recalculate licence fees, leading to stock price drops for Vodafone Idea and Indus Towers.

Vodafone Idea and Indus Towers shares dropped significantly on September 19 after the Supreme Court rejected telecom companies' curative petitions. Vodafone Idea fell 19% to an intra-day low of Rs 10.