The sharp 20 per cent correction in the stock price, more or less captures the value of the incremental liability, over and above what the Street was expecting, Nuvama said in a note.

Vodafone Idea’s stock hit a 52-week low after the Supreme Court dismissed pleas for correction of alleged errors in the adjusted gross revenue | Photo Credit: Shares of Vodafone Idea plummeted to hit a 52-week low on Friday’s early trade on the NSE and BSE at ₹9.

Vodafone Idea's shares fell nearly 20% on Thursday after the Supreme Court had dismissed the curative petition filed by telecom companies over computation of the AGR dues.

The lowest price target has been given by Goldman Sachs, with a 'Sell' rating, as it sees no government support/relief in AGR liabilities

Vodafone Idea shares have posted negative returns across multiple time frames, with a 35.26% decline in the last month and a 19.06% drop over six months. Year-to-date, the stock is down 35.50%, and it has lost 6.

Vodafone Idea shares fell nearly 20% in the last two days as SC dismissed a batch of pleas seeking correction of alleged errors in the Adjusted Gross Revenue

Vodafone Idea stock price has fallen more than 24% in the last two days after the Supreme Court of India's verdict in the Adjusted Gross Revenue (AGR) case which came as a big blow for the debt-ridden telecom company.

For Vi, in 2019, the Supreme Court upheld the Department of Telecom's AGR demand, resulting in a burden of ₹58,000 crore.

Vodafone Idea and Indus Towers shares tumbled after the Supreme Court dismissed their pleas seeking correction of alleged errors in the adjusted gross revenue (AGR) calculation.

Vodafone Idea shares have closed below their 200-Day Moving Average, something that the stock had not done since June this year.

The Supreme Court of India rejected the appeals of Vodafone Idea and Bharti Airtel to recalculate their Adjusted Gross Revenue (AGR) dues.