
Vodafone Idea shares surged over 8% following Cabinet relief on AGR dues and promoter funding, including a five-year interest-free moratorium on pre-FY18 dues. However, Emkay Global Financial Services maintained a 'Sell' rating, citing the company's substantial Rs 2 lakh crore debt and deferred spectrum payment obligations as ongoing concerns, with potential AGR review offering uncertain near-term relief.
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