Voda Idea stock surges over 10 pc as Vodafone clears the air on exiting Indian market

New Delhi, Nov 1 () Shares of Vodafone Idea on Friday zoomed over 10 per cent after Vodafone clarified that it is not going to exit the Indian market.

Shares of the telecom operator settled 10.54 per cent higher at Rs 4.30 apiece on the BSE. During the intra-day trade, the stock jumped 22.87 per cent to Rs 4.78.

Similarly, on the National Stock Exchange (NSE), the shares closed at Rs 4.20 apiece, up 7.69 per cent. During the day, the stock touched a high of Rs 4.80, up 23.07 per cent.

The company added over Rs 1,100 crore to its market capitalisation, which now stands at Rs 12,356.22 crore.