Vedanta is currently trading at Rs. 175.45, up by 1.35 points or 0.78% from its previous closing of Rs. 174.10 on the BSE.
The scrip opened at Rs. 175.25 and has touched a high and low of Rs. 177.80 and Rs. 173.85 respectively. So far 736080 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 180.70 on 07-Sep-2016 and a 52 week low of Rs. 58.10 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 180.70 and Rs. 167.25 respectively. The current market cap of the company is Rs. 51733.91 crore.
The promoters holding in the company stood at 62.86%, while Institutions and Non-Institutions held 22.65% and 10.20% respectively.
Vedanta will invest up to Rs 3,000 crore in copper operations to double the capacity to 8 lakh tonnes by 2019, making the firm India’s largest producer of the metal. The firm led by billionaire Anil Agrawal has a custom smelter, a refinery, phosphoric acid plant, sulphuric acid plant, copper rod plant and three captive power plants at Tuticorin (Tamil Nadu) as well as a refinery and two copper rod plants at Silvassa (Dadra and Nagar Haveli).
The company has been granted around 250 acres of land by the Tamil Nadu government in the special economic zone area in Titucorin, where it will set up another smelter of 400 kilo tonnes capacity.
Copper, which accounts for over 30 percent of Vedanta’s total revenue, is an important industrial metal with extensive use in sectors such as power, telecom, consumer durables and electrical goods.
| Company Name | CMP |
|---|---|
| Hindalco | 1038.95 |
| Vedanta | 787.60 |
| Hindustan Zinc | 592.35 |
| Jain Resource Recycl | 420.90 |
| Gravita India | 1639.80 |
| View more.. | |
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