Monday, 30 October 2017

Shares of Vedanta Limited rise on Rs 10,000 cr investment plan

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Metal and Mining major Vedanta Ltd has reported total revenue at Rs.9378 crore keeping its profit at 34.00 crore for the quarter ended June 30, 2017. The stocks were trading higher on Monday after reports suggested that the company’s chief Anil Agarwal has lined up an investment plan of a Rs. 10,000 crore for Jharkhand. Effectively, Vedanta stock gained 1.37% to Rs 344.35 on BSE today. The stock opened at Rs 340.05 and touched an intraday high of Rs 344.70 and a low Rs 339.95, in the first hour of trade.  

For the quarter ended June 30, 2017, Vedanta  Limited reported total revenue at Rs. 9378.00 crore and net profit stood at 34.00 crore.

The Sensex and Nifty hold steady with their morning gains as stellar buying seen in different sectors, led by Industrials, Oil & Gas, Auto and Consumer Durables.

At 12:37 hrs, BSE Sensex is trading at 33,242.level up by 85 points, while NSE Nifty is trading at 10,364 level up by 41 points.

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