Vodafone Idea closes at a 26% premium over list price
Even though 16.36 billion additional Vodafone Idea (Vi) shares were issued through the follow-on public offering (FPO) and flooded the market on Thursday, the company’s shares recovered their early losses and increased by about 6%. On the BSE, the stock finished at Rs 13.89 per share, more than 26% above the FPO price of Rs 11….
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