Vodafone Idea gains 14% on fund raising plans

MUMBAI : Shares of Vodafone Idea gained as much as 13.61% on Wednesday after the telecom operator said its board of directors will meet Friday to consider proposals to raise funds.

At 02:44 pm, Vodafone Idea was trading at ₹9.75 up 9.67% from its previous close, while the benchmark Sensex advanced 0.38% to 39,048.17.

The announcement was made after market hours yesterday.