Vodafone Idea stock falls over 16% after Care downgrades its rating on long-term bank facilities, NCDs

New Delhi: Shares of Vodafone Idea on Tuesday tanked over 16 percent due to rating downgrade on AGR dues and other issues of the company.

On the BSE, the stock plunged 14.91 percent to trade at Rs 2.91 in early market hours. Later it was trading with a loss of 8.77 percent at Rs 3.12.

The scrip plummeted to a low of Rs 2.85, down 16.17 percent, on the NSE. It was trading 7.35 percent lower at Rs 3.15.