Vodafone Idea Limited shares surged sharply on Friday, jumping over 13% in early trade as strong buying interest returned to the counter. The stock touched an intraday high of ₹11.34 after opening at ₹9.96, compared with the previous close of ₹10.05.

By around 10:37 AM IST, Vodafone Idea was trading near the day’s highs with massive volumes of nearly 90.7 crore shares, highlighting intense participation from traders and retail investors. The stock’s intraday low stood at ₹9.86, indicating limited downside pressure despite the sharp run-up.

The latest rally has pushed the telecom stock closer to its 52-week high of ₹12.80, a significant recovery from its 52-week low of ₹6.12.

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TOPICS: Vodafone Idea