<ul><li>Vodafone Idea shares rose as much as 10% to Rs 7.48 apiece to hit upper circuit. This is the highest level since March 24.</li><li>Government picks up more stake in Vodafone Idea against spectrum dues, leading to surge in share prices.</li><li>Macquarie maintains a 'neutral' stance, highlighting concerns over debt and equity dilution. Citi retains a 'buy' rating, viewing the government's decision as a significant step towards resolving Vodafone Idea’s financial woes.</li><li>Indus Tower shares also rose over 7% to hit an over one-month high, presenting a compelling investment opportunity.</li></ul>

Vodafone Idea, Indus Tower Shares Surge As Government Picks Up More Stake Against Spectrum Dues

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