ilmscore | Why is Vodafone Idea stock going up?

Why is Vodafone Idea stock going up?

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The Indian government's shareholding in Vodafone-Idea is predicted to reach nearly 49% after converting Rs 36,000 crore in dues into equity.
"This time with dues of around Rs 36000 crore, this shareholding will become near 49%."
IDEA.NS
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