Vedanta is currently trading at Rs. 171.20, up by 0.35 points or 0.20% from its previous closing of Rs. 170.85 on the BSE.
The scrip opened at Rs. 172.00 and has touched a high and low of Rs. 172.00 and Rs. 168.65 respectively. So far 291866 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 301.95 on 30-Apr-2018 and a 52 week low of Rs. 145.90 on 15-Feb-2019.
Last one week high and low of the scrip stood at Rs. 179.70 and Rs. 168.65 respectively. The current market cap of the company is Rs. 63266.65 crore.
The promoters holding in the company stood at 50.14%, while Institutions and Non-Institutions held 35.15% and 10.69% respectively.
Vedanta has received environment clearance for the expansion of its oil and gas operation in Rajasthan that would entail an investment of Rs 12,000 crore. The company aims to implement the project in a phased manner during seven years.
The proposal is to expand onshore oil and gas production from the existing 3,00,000 BOPD (barrels oil per day) to 4,00,000 BOPD and 165 mmscfd (million standard cubic feed per day) to 750 mmscfd from the 'RJ-ON-90/1' block located in Barmer and Jalore districts, Rajasthan.
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.
