Vodafone Idea share price slumps 8%, Airtel gains over 1%; telecom stocks mixed after SC reserves AGR verdict

Vodafone Idea share price slumped over 8 per cent to Rs Rs 8.24 apiece on BSE, a day after the Supreme Court reserved its order on the time to be granted to telecom operators including Bharti Airtel and Tata Teleservices to pay their adjusted gross revenue (AGR) dues. On the other, Bharti Airtel shares were trading in green with a growth of 1.3 per cent at Rs 583.80 apiece in early morning deals. While Tata Teleservices share price fell 1.3 per cent to trade at Rs 3.61 apiece. In comparison, S&P BSE Sensex was trading 1.31 per cent or 490 points higher at 37,908. “After the Supreme Court reserves order on the timeline of AGR payments by telecom companies, replies or written submissions will be filed by August 7.