Vedanta is currently trading at Rs. 270.75, up by 0.40 points or 0.15% from its previous closing of Rs. 270.35 on the BSE.
The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 274.50 and Rs. 269.00 respectively. So far 471051 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 274.50 on 21-Feb-2017 and a 52 week low of Rs. 69.35 on 25-Feb-2016.
Last one week high and low of the scrip stood at Rs. 274.50 and Rs. 243.10 respectively. The current market cap of the company is Rs. 80328.39 crore.
The promoters holding in the company stood at 62.86%, while institutions and non-institutions held 23.80% and 9.28% respectively.
Vedanta, a mining conglomerate, is reportedly planning to invest $10 billion in 3-4 years on expanding business across verticals. The company is looking to integrate 3 million tonnes capacity for the aluminium. Meanwhile, the merger of Cairn India and Hindustan Zinc with Vedanta is likely to be completed in the current quarter, creating India's largest diversified natural resources firm.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc - lead - silver, copper, iron ore, aluminium and commercial power. The company has a presence across India, South Africa, Namibia, Australia, Ireland, Liberia and Sri Lanka.
