Vodafone Idea stock gained after the news came.
Total Enterprise Value of the acquisition is Rs 5,666 crore.
In the previous year, FY 22, it had given a bonus of Rs 1,070 crore.
As the IPO is an offer for sale, the company will not receive any net proceeds.
Here are some stocks that may show significant price movement today.
Hinduja Group has made a bid of Rs 9,650 crore.
Power produced at a cheaper rate will be supplied first to consumers.
Recommendation: Buy; Target Price: Rs 1750
Probability of failure of First Republic Bank has increased significantly.
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