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...
Tag : Vedanta
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....
Vedanta Trades Ex-Dividend Today, Shares Down 6%
Shares of Vedanta fell 6% on April 6 as the stock traded ex-dividend today. The mining giant’s shares were trading down 5.5% at Rs 270.65...
Hindustan Zinc Share Surges 5% After Declaring Interim Dividend
Shares of Hindustan Zinc rose 5% to Rs 325.25 on the BSE in intraday trade on Wednesday after the company declared an interim dividend of...
Centre to ask HZL for Share Swaps, Wareants for $2.98 Billion Vedanta Deal
Centre may request Hindustan Zinc Ltd (HZL) to deliberate options, besides cash, like share swaps, rights issues, or warrants for the $2.98 billion acquisition of...
Vedanta Q3 Net Drops 42%, Rs 3,092 Crore
On Friday, Vedanta posted a 42% decay in combined net profit to Rs 3,092 crore in the December quarter (Q3FY23), linked to Rs 5,354 crore...
Vedanta to Acquire Meenakshi Energy for Rs 1,440 Crore
Vedanta said in a January 18 exchange filing that it would acquire debt-laden Meenakshi Energy for Rs 1,440 crore after becoming the winning bidder. Vedanta...
Vedanta Fixes Record Date for 3rd Interim Dividend
On November 16, Vedanta Group’s Anil Agarwal-led informed the board of directors (BOD) that the company will consider the proposal for payment of a third...
NALCO, Hindalco Fall on Losses at Global Aluminium Producer Alcoa
Shares of NALCO, Hindalco and Vedanta, opened lower on October 20 after global aluminium giant Alcoa reported an earnings loss for the September quarter. At...