Supreme Court Provides Major Relief to Vodafone Idea, Shares Surge Over 14%

The Supreme Court has provided significant relief to Vodafone Idea regarding its outstanding AGR dues, leading to a remarkable surge of over 14% in its stock price. The court's ruling allows the government to make decisions on additional and pending AGR reassessments, lifting previous uncertainties surrounding the case. This development not only impacts Vodafone Idea but also positively affects other telecom stocks like Bharti Airtel and Indus Towers. Investors are keenly watching the market as the situation unfolds, with Vodafone Idea's shares reaching an intra-day high of ₹9.97. Discover more about the implications of this ruling and its effects on the telecom sector.

By Narendra Chaudhary Nov 4, 2025, 16:06 IST

Supreme Court's Significant Ruling

The Supreme Court has granted substantial relief to Vodafone regarding its outstanding AGR dues. As a result, shares of Vodafone Idea saw an increase of more than 14% on Monday, marking the largest single-day rise since April 2024. The court's recent statements have cleared the uncertainty surrounding the AGR issue.

Supreme Court's Statements

Vodafone Idea requested the Supreme Court for relief concerning additional AGR dues and all pending reassessments. The court stated that the government has full discretion to make decisions regarding these matters, allowing for reassessment of both additional and outstanding AGR dues.

Clouds of Uncertainty Lifted

Previously, on October 27, the Supreme Court held hearings that left many uncertainties regarding the case. There was significant speculation about whether the court would address only the ₹9,500 crore dues or the entire ₹80,000 crore outstanding AGR.

Government's Considerations

The Supreme Court noted that considering the government's stake in the telecom company and the impact on 200 million consumers, the government is free to reconsider and make appropriate decisions on this issue.

Vodafone Idea Shares Surge

On the BSE, Vodafone Idea shares opened at ₹9.11. During the day, the stock price surged over 14%, reaching an intra-day high of ₹9.97. The company's 52-week high stands at ₹10.57, while the low is ₹6.12, with a market capitalization of ₹1 lakh crore.

Impact on Other Telecom Stocks

Following the Supreme Court's comments, shares of Bharti Airtel experienced a 1% increase. Additionally, Indus Towers saw a rise of 5%, benefiting significantly from the developments.