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Idea Cellular Share Price Falls On Reports Of Possible Merger Delay

Gold Silver Reports (GSR) – Idea Cellular Share Price Falls On Reports Of Possible Merger Delay – Shares of the telecom operator fell as much as 7.3 percent, the most in over three weeks to Rs 56.15. – The company’s merger with Vodafone India Ltd. may not meet the expected June 30 deadline as the Telecom Department is looking to raise a fresh demand of around Rs 4,700 crore, PTI reported quoting a person familiar with the development.

The stock declined 47 percent so far this year compared to 5.4 percent advance in Sensex.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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