Vodafone Idea Rs 18,000-crore FPO Anchor Book Opens Today, Stock Falls 4%

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GQG, Fidelity, HDFC MF, Quant MF to invest in Vodafone Idea’s FPO

GQG, Fidelity, HDFC MF, Quant MF to invest in Vodafone Idea’s FPO

Vodafone Idea Shares: The drop comes in reaction to the follow-on public offering (FPO) anchor book, which will open today.

Shares of Vodafone Idea dropped as much as 3.95 per cent to hit an intraday low of Rs 12.64 per share. The drop comes in reaction to the follow-on public offering (FPO) anchor book, which will open today.

Vodafone Idea shares have plunged 25.19 per cent year-to-date (YTD), but have surged 7 per cent in the past 6 months.

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