Vodafone Idea shares bounce back; jump over 19%

NEW DELHI: Shares of Vodafone Idea on Friday bounced back sharply after a four-day decline, jumping over 19 per cent, after the company chief executive officer Ravinder Takkar reached out to employees seeking to reassure them.

Halting its decline of four consecutive trading days, the stock jumped 19.53 per cent to close at Rs 7.10 on the BSE. During the day, it zoomed 23.73 per cent to Rs 7.35.

On the NSE, it rallied 19.32 per cent to close at Rs 7.10.

The stock had fallen for four consecutive trading sessions till Thursday, plunging over 28 per cent on the BSE.