Vedanta Looking to Sell Stake in Konkola Copper Mines
The billionaire Anil Agarwal’s Vedanta Resources has begun negotiations with a group of foreign investors to sell a sizable minority stake in Zambia’s Konkola Copper...
Tag : Vedanta
NALCO, Hindalco, Vedanta Shares Rise Up to 9% as China Cancels Aluminium Export Tax Rebates
Shares of NALCO, Hindalco, and Vedanta surged nearly 9% on 18th November after China decided last week to reduce or cancel export tax rebates for...
Vedanta Shares Rally After It Reappointed Former CFO Ajay Goel
Vedanta Ltd shares surged up to 2.25% on Wednesday after the largest natural resources company in the country announced that it would appoint Ajay Goel...
Vedanta Shares Tumbles 2% On Weak Q1 Earnings
On July 24, Vedanta shares slid 2% as downgrades rushed the metal major after Q1FY24 earnings disappointed investors. At 9:25 am, shares traded 1.7% lower...
Foxconn to Withdraw from $19.5 Billion Semiconductor Joint Venture with Vedanta
Taiwan’s Foxconn announced its intentions to pull away from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta after PM Narendra Modi’s chip-making...
Vedanta Shares Jump 2% Even as Stock Goes Ex-Dividend
Shares of Vedanta rose 2% to Rs 287.45 on May 30, even after the stock went ex-dividend. Typically, when a stock goes ex-dividend, its price...
OIL, ONGC Shares Up 2% After Govt Cuts Windfall Tax to Zero
Shares of upstream oil companies such as Oil India and ONGC soared in early trade on May 16 after the government reduced the windfall tax...
Vedanta Q4 Net Profit Down 68%, Declares Dividend of Rs 33 Per Share
On Friday, Vedanta reported a 67.5% drop in net profit to Rs 1,881 crore for the quarter ended March 31, 2023, compared to the same...
Vedanta’s Anil Agarwal Plans to Raise Oil, Zinc Output, and Foray into Chip Making
Vedanta’s Anil Agarwal decides to aggressively increase oil and gas production, enlarging metal outputs like zinc and aluminium and entering into semiconductor production. The mining...
Metal Shares Soar in Subdued Market; Jindal Steel, Tata Steel Rose 4%
On April 19, the metal company’s shares gained 4% on the NSE in an otherwise subdued market on the expectation of enhanced demand from China....
