Shares of Vodafone Idea slipped into negative territory after posting gains of more than 3% earlier in the session, as investors reassessed the near-term implications of potential relief on adjusted gross revenue (AGR) dues. The pullback reflects cautious sentiment despite reports suggesting the telecom operator may receive a moratorium of up to five years on outstanding AGR payments. While such relief could ease liquidity pressure and improve cash-flow visibility, market participants remain focused on the company’s long-term funding needs, competitive position and execution risks.