Vedanta is currently trading at Rs. 237.20, up by 9.30 points or 4.08% from its previous closing of Rs. 227.90 on the BSE.
The scrip opened at Rs. 231.45 and has touched a high and low of Rs. 238.05 and Rs. 229.30 respectively. So far 2222620 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 440.75 on 11-Apr-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 236.85 and Rs. 221.55 respectively. The current market cap of the company is Rs. 88097.62 crore.
The promoters holding in the company stood at 69.69%, while Institutions and Non-Institutions held 20.95% and 9.36% respectively.
Vedanta is aiming to bring into operation two coal blocks in Odisha in FY23 and is working out a plan to fast-track the operationalisation of another coal mine in the eastern state.
The company is focusing on the long-term security of coal especially when thermal power plants and the non-regulated sector have witnessed supply shortages in the current and the last year.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
