Vodafone Idea shares extend gains, zoom 12% today; is more steam left?
Vodafone Idea Ltd (VIL) shares continued their strong upmove for the second consecutive session in Wednesday’s trade. The stock surged 11.86 per cent to hit a day high of Rs 9.24. At this price, it has gained 19.38 per cent in just two days. The scrip saw high trading volume as around 13.28 crore shares were last seen changing hands on BSE. The figure was way more than the two-week average volume of 4.78 crore shares. Turnover on the counter came at Rs 117.70 crore, commanding a market capitalisation (m-cap) of Rs 62,869.23 crore.
The telecom operator has recently partnered with HCLSoftware, the software business unit of HCLTechologies Ltd, aiming to make its 4G and 5G networks smarter and more efficient.
A few analysts underscored…
