Vodafone Idea share rises after Scindia’s ‘Sanjeevani’ comment; Will Vi stock rally?

New Delhi: Burdened with huge debt and AGR arrears, the shares of Vodafone Idea (Vi) witnessed a rise of up to 4 per cent on December 2, 2025. The Vi stock jumped after Union Communications Minister Jyotiraditya Scindia’s statement raised hope in the minds of investors that the debt-ridden telecom company can get ‘Sanjeevani’ before the year ends.

The Vodafone share closed at at Rs 10.17 apiece on Tuesday.

At the heart of this whole event is a recent statement made by Telecom Minister Scindia. During a conversation with a media channel, he clearly indicated that the government is considering measures to provide relief to Vodafone Idea, but all this will be within the framework of the law.

Scindia clarified that the ministry is closely studying the legal limits of the decision given last month by the Supreme Court. He said, “Decisions should be evaluated from the perspective of what can be done and what cannot be done. We cannot cross the boundary (border) of the decision of the Supreme Court.” This statement shows that the government wants to help the company, but it is stepping in so as not to trap any legal problems in the future.

The most important thing is that the minister has also made a big gesture regarding the deadline. He said that the government can complete its assessment in the next few weeks. This simply means that the relief package can be announced by the end of the year, provided a formal request comes from the company.

Vodafone Idea debt

In fact, Vodafone Idea owes a huge AGR (Adjusted Gross Revenue). Company CEO Abhijeet Kishore recently stated that AGR’s liability on the company by the end of September 2025 is about Rs 78,500 million. This amount is so huge that without getting relief, the future of the company may hang in the balance.

However, the company got a big relief from the Supreme Court on 27 October. The court had permitted the government to reconsider the additional demand for AGR for the financial year 2016-2017. This includes a comprehensive revaluation of all dues, including interest and penalties. Now the ball is in the government’s court and the minister’s statement has made it clear that the government is serious about resolving this issue.

Increasing investors’ confidence in Vi

The stock market always runs on the prospects of the future. As soon as the news of relief came out, investors intensified buying in Vodafone Idea shares. If you look at the data of the last three months, this stock has shown a spectacular rally of 57%. At the same time, it has given a return of 45% to its investors in the last six months.

This company, which was once considered a sinking ship by market experts, today has become a company with a market cap of more than Rs 1,10,500 crore.

Vodafone Idea share: What do technical charts indivcate

Bonanza’s technical research analyst Drumil Vithalani believes that Vodafone Idea’s stock is in a strong uptrend in the short-term. In technical terms, the stock remains above its 9-EMA (Exponential Moving Average) and its supertrend structure is ‘positive’. The formation of ‘Higher Highs and Higher Lows’ on the chart indicates that the stock is steadily gaining strength.

According to experts, as long as this stock remains above Rs 9.80, its trend would be positive and it may soon go up to Rs 10.80 to Rs 11.20 apiece. If it manages to close above Rs 10.50, it may jump even faster. However, investors should keep an eye on the level of Rs 9.70 rupees, as the trend may weaken if it goes down.

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