Vodafone Idea shares slump 5%; last day to apply for FPO today
By
Biju Kumar
Shares of telecom operator Vodafone Idea today fell 5% to hit the day’s low at Rs 12.23 in today’s trading session ahead of the closing of its Rs 18,000 crore follow on public offer (FPO).
Vodafone had launched a follow-on public offering on Thursday, 18th April to raise Rs 18,000 crore which received a strong response from anchor investors, including GQG Partners.