Vodafone Idea shares rally nearly 7 per cent as K M Birla returns to company board

Shares of Vodafone Idea jumped nearly 7 per cent on Friday after Aditya Birla Group Chairman Kumar Mangalam Birla returned to the board of the debt-ridden firm as an additional director in a non-executive and non-independent role.

The stock of the telecom firm ended at Rs 6.48, a jump of 6.93 per cent on the BSE. During the day, it zoomed 9.73 per cent to Rs 6.65.

At the NSE, it rallied 6.61 per cent to settle at Rs 6.45.