Vodafone Idea jumps over 8% after telecom company announces raising funds in February 27 meeting
The jump in the Vodafone Idea share price was seen after the company announced that, in a meeting on February 27, it would consider raising funds in one or more tranches by way of a rights issue, further public offer, private placement, including preferential allotment, qualified institutions placement or through any other permissible mode.
![Vodafone Idea jumps over 8% after telecom company announces raising funds in February 27 meeting](https://cdn.zeebiz.com/sites/default/files/2024/02/23/281779-vodafone-idea-reuters.jpg?im=FitAndFill=(1200,900))
Vodafone Idea's day's high on Friday is Rs 17.65, a 8.42 per cent increase from the previous close. Photo: Reuters/Representational