Vodafone Idea rally: Shares lock in 10% upper circuit after SC clarity on AGR dues; is this the relief investors were waiting for?

Vodafone Idea shares rallied significantly after the Supreme Court clarified its stance on Adjusted Gross Revenue (AGR) dues. The apex court empowered the government to decide on both additional and total outstanding liabilities, easing investor worries. This development allows for a broader review of the company’s massive debt, potentially aiding its financial stability and reducing market uncertainty.