Since the beginning of November, shares of Vedanta Limited have surged more than 80%. The move to increase shareholding comes weeks after the promoter group bought 4.98% stake from the open market.
The move comes months after the promoters tried to delist the firm at a heavy discount. On Thursday, shares of the firm surged 13% to trade at a high of Rs 170.5 apiece.
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended deep in the red, snapping their four day gaining streak. Broader markets continued to outperform benchmark indices.
Proxy advisor and a corporate governance research firm Stakeholders Empowerment Services (SES), said that investors must ignore floor price, book value and 52-week low price as they do not reflect the true value of Vedanta sh
Metals major Vedanta today said its subsidiary Sterlite Ports will redevelop Mormugao port in Goa on Develop, Build, Finance, Operate and Transfer (DBFOT) basis for 30 years.
Hindustan Zinc Ltd (HZL) announced that it will pay Rs 10,141 crore as dividend, which includes Rs 3,000 crore to the government, to its shareholders for the 2015-16 fiscal...
As the global economic uncertainty weighs down on the world's elite here at WEF meeting, Vedanta group Chairman Anil Agarwal today said it presents India an opportunity to consolidate its position as a 'bright spot'.
Metals and mining conglomerate Vedanta Resources, which has a sizable presence in India in oil and gas, aluminium, iron ore and zinc sectors, has announced slashing nearly 4,000 jobs...