Voda Idea shares gain over 3 pc amid asset sale plan

Shares of Vodafone Idea on Wednesday rose by over 3 per cent amid reports that the company is planning to sell some of its assets to raise over USD 2.5 billion (around Rs 17,500 crore).

On the BSE, the stock settled 1.98 per cent up at Rs 6.69. Intra-day, it had hit a high of Rs 7.08, increasing as much as 7.92 per cent over its previous close.

On the NSE, the stock appreciated by 3.05 per cent to end at Rs 6.75. It gained 8.39 per cent to a high of Rs 7.10 during the day.

In terms of equity volume, 3.03 crore shares of the company were traded on the BSE, and over 24 crore units changed hands on the NSE.