Idea Cellular Shares Plunge On Merger Deal With Vodafone

Mumbai: Shares of Idea Cellular on Monday plunged as much as 15 per cent to hit intraday low of Rs 92.35 after the company announced its merger with Vodafone India to create the country's largest mobile telephony services player. The stock was trading lower by 7.5 per cent at 12:27 pm at Rs 100. Over 12 crore shares of Idea were traded on NSE in morning session. Shares of Idea Cellular were trading higher by 2 per cent at Rs 111.80...