Mon Sep 23 12:10:47 UTC 2024: ## Vodafone Idea Shares Surge on $3.6 Billion Network Deal
**MUMBAI, INDIA – September 23, 2024** – Shares of Vodafone Idea Ltd. jumped by 3.7% today, closing at Rs 10.86, after the company finalized a major $3.6 billion (Rs 30,000 crore) deal with Nokia, Ericsson, and Samsung for the supply of network equipment over the next three years. The deal, which saw the stock climb as high as 14% during the day, signifies a significant investment in Vodafone Idea’s network infrastructure and underscores its commitment to strengthening its market position in India.
The company’s market capitalization stands at Rs 73,045.41 crore as of September 20, 2024. The stock has reached a 52-week high of Rs 19.15 and a 52-week low of Rs 9.79.
This news comes as the Indian government reports that central ministries and departments have procured goods worth Rs 19,000 crore in the first half of the current financial year (April-September).
**Disclaimer:** This news article is based on market data and should not be considered as financial advice. Readers are advised to consult with an expert before making any financial decisions.
First Piper 