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Vedanta wins 10 oil & gas exploration blocks

03 Jul 2019 Evaluate

Vedanta has won 10 oil & gas exploration blocks offered in latest auction. According to the Directorate General of Hydrocarbons (DGH), the company has won 5 blocks on offer in Open Acreage Licensing Policy (OALP)-II, while in OALP-III, the company got 5 blocks.

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 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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