InvestorQ : What's going to be the effect on share price after SC decision to pay AGR dues by 17 Feb 2020.
Sharad Khandelwal made post

What's going to be the effect on share price after SC decision to pay AGR dues by 17 Feb 2020.

Answer
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Mitali Bhutta answered.
7 months ago


Supreme court seeks order against top executives of respective telecom companies such as Bharti Airtel, Vodafone-Idea and others to comply with default estimated payment of Rs 1.47 lakh crore.

The Supreme Court on 17th Feb 2020, declined Vodafone's plea to pay Rs 2,500 crore and Rs 1,000 crore by same week, Friday against Adjusted Gross Revenue (AGR) dues.

Bharti Airtel saw a downward trend of 2.87% and VodafoneIdea also slipped 2.14% closed at 151.56%. It is clear that the market has turned negative towards these stocks as the court's orders are not in favour towards the telecom's plea

https://investorq.com/question/how-much-of-the-dues-owed-by-the-telecom-companies-like-bharti-airtel-and-vodafone-are-agr-dues-and-how-much-is-interest-and-penalty-