Vodafone Idea shares fall sharply for 3rd straight day, down over 23%

Vodafone Idea shares fell sharply on the stock market for the third consecutive session. The stock is performing weaker as the telecom company faces an existential crisis. Here is all you need to know.

Shares of Vodafone Idea fell sharply for the third consecutive day as trouble mounts for the debt-laden telecom firm. At 10 am, Vodafone Idea (VI) stock was down over 23 per cent at Rs 4.62 per share on the Bombay Stock Exchange. Vodafone Idea shares lost significant value over the past three trading sessions and its market capitalisation has depleted sharply.