Page 21 - Vedanta

Stocks to watch: RIL, YES Bank, Vedanta, HDFC Bank, SBI Card, Biocon

SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020

Q3 mined zinc production in India rises 4% to 244,000 tonnes: Vedanta

The integrated metal production was 2,35,000 tonnes for Q3 FY21, up 7 per cent as compared to Q3 FY20

Vedanta Zinc International reopens Gamsberg mine in South Africa

Mining has started again following a closure in November when a pit wall collapsed

Tata Steel, Vedanta: Tech charts signal more upside in metal stocks

Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results

Early Q3 nos lift mkts; Sensex ends 487 pts up at 49,269, Nifty at 14,485

Volatility index, India VIX, surged 8.5 per cent to 22.4 levels

Vedanta dips 3% after promoters announce open offer at Rs 160 per share

As the offer is below the market price, it is likely to have a negative impact on the stock, anakysts said

Stocks to watch: TCS, Wipro, Avenue Supermarts, Tata Steel, Vedanta, Cipla

Bharti Airtel announced the appointment of Pradipt Kapoor as its Chief Information Officer

Vedanta Resources promoters launch open offer for 10% of India unit

If Vedanta Ltd. holders were to accept share tenders for the entire 10%, the consideration for the deal would be Rs 5,948 crore

Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs

In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex

F&O expiry: Sensex ends off-record highs; zooms 16% in 2020; Nifty adds 15%

Investors comforted from Prime Minister Narendra Modi's declaration that India will begin its Covid-19 vaccination programme in 2021

Stocks to watch: Tata Steel, Adani Green, Vedanta, Infosys, United Spirits

Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth

Vedanta says no pledge on shares; terms bar promoters from share sale

Vedanta Ltd's promoters cannot sell or create any security on shares they hold in the group as part of the terms attached to the recent $1.4 billion fund raising

Promoters of Vedanta raises $1.4 billion to retire debt, says report

The notes in both cases will be partly secured by shares in Mumbai-listed unit Vedanta Ltd.

Vedanta surges 8% after promoters buy additional stake via open market

An increase in stake could make it a bit easier for the promoters to delist the company after the mandatory one year cooling off period gets over

Vedanta promoters to raise stake by 5% in Indian arm via block deals

Stake hike comes after Vedanta Resources, the company's promoter, had failed to delist Vedanta Ltd in October as it did not get bids for a sufficient quantity of shares

India's crude oil production slips 5% in November: Government data

This was primarily due to a sharp drop in output at Rajasthan oilfields operated by private sector Cairn Vedanta

Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL

Vedanta currently holds a controlling stake in Cairn Oil & Gas, India's largest private sector crude oil producer, and maybe the keenest to diversify into the refining business

Anil Agarwal, Centricus to invest $10 billion in Indian companies

It's not clear whether the partnership will be through Vedanta Group firms

Anil Agarwal eyeing Indian disinvestment program with a $10 bn war chest

Agarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse under the umbrella of Vedanta Resources Ltd

Vedanta's steel business back on growth turf after Covid-19 speed breaker

The group's ESL Steel is looking to hit the ground with its plan of doubling capacity towards the end of the fourth quarter