Cairn Energy Plc’s holding in Vedanta has decreased to 0.1% after the Income-Tax Department sold 4.9% stake in the company to recover a retrospective tax demand. The Income-Tax Department realised Rs 5,000 crore from selling the shares.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 1039.70 |
| Vedanta | 757.05 |
| Hindustan Zinc | 604.90 |
| Jain Resource Recycl | 414.95 |
| Gravita India | 1635.00 |
| View more.. | |
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