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Vedanta shares slide over 6% amid block deal; promoter entity likely seller
Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta.
Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta.
The metal and mining company has received approval from State Bank of India to split its existing businesses into six separate entities.
Shares of Hindustan Zinc gained 19.4% to hit a 52-week high of ₹738.90
Vedanta announced its first interim dividend of ₹11 apiece; to set up a new continuous cast copper rod facility in Saudi Arabia
The share price of Vedanta has more than doubled from its 52-week low of ₹207.85 touched on September 28, 2023.
Anil Agarwal-led group is exploring expansions, new businesses and a structural overhaul amid debt worries.
The share price of Vedanta has nearly doubled from its 52-week low of ₹207.85 touched on September 28, 2023.
The dip in net profit attributed to falling prices of metals like zinc, copper, and aluminium, coupled with a lacklustre performance in the oil and gas sector
Anil Agarwal-led company had raised ₹3,400 cr via non-convertible debentures in December 2023, too, taking its debt up to ₹62,493 cr as of Q3 FY24
India’s first all-women rescue team, flexibility in work hours and focus on employee mental well-being help company stand out as a future workplace.