New Delhi:
Financially stressed telecom company Vodafone Idea fell more than 8 percent on Monday after the company reported that its consolidated loss for the third quarter ended December 2021 would increase to Rs 7,230.9 crore.
The telecom operator’s stock fell 7.98 percent to settle at Rs 10.95 on the BSE. During the day, it fell 9.66 percent to Rs 10.75.
On the NSE, it fell 7.59 percent to settle at Rs 10.95.
The market valuation fell by Rs 2,729.75 crore to Rs 31,465.25 crore on the BSE.
In terms of traded volume, 587.84 lakh shares traded on the BSE and over 34.52 crore shares on the NSE during the day. The profit was announced on January 21 after trading hours.