MoneyWorks4Me

Vedanta’s parent company to invest Rs 8,500 crore in South Africa for mining biz expansion

29 Jan 2019 Evaluate

Vedanta’s parent company -- Vedanta Resources has decided to make a fresh investment of Rs 8,500 crore to expand its mining and allied operations in South Africa and has committed to invest another Rs 60,000 crore in India in the next three years.

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.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
View more..