Vedanta is planning to produce 1.7 million tonne of aluminium in FY17. In this regard, the company will increase capacity at Balco and Odisha’s Jharsuguda plants. The Anil Agarwal-led company is a major shareholder at Balco in Chhattisgarh and Jharsuguda plant in Odisha. In Odisha, the company has four new pot lines that it would be ramping up which would get it to total annualized production capacity of about 1.6-1.7 million tonnes of aluminium per year. The company is also looking to commission pot lines five and six at the Odisha facility.
Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.
| Company Name | CMP |
|---|---|
| Hindalco | 1038.95 |
| Vedanta | 787.60 |
| Hindustan Zinc | 592.35 |
| Jain Resource Recycl | 420.90 |
| Gravita India | 1639.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: