Vedanta is currently trading at Rs. 159.45, up by 2.05 points or 1.30% from its previous closing of Rs. 157.40 on the BSE.
The scrip opened at Rs. 156.50 and has touched a high and low of Rs. 161.15 and Rs. 156.50 respectively. So far 663856 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 214.25 on 17-Dec-2018 and a 52 week low of Rs. 125.70 on 22-Aug-2019.
Last one week high and low of the scrip stood at Rs. 161.15 and Rs. 146.75 respectively. The current market cap of the company is Rs. 59549.45 crore.
The promoters holding in the company stood at 50.14%, while Institutions and Non-Institutions held 35.71% and 10.12% respectively.
Cairn Oil & Gas, a vertical of Vedanta, has received an approval from the Government of India, acting through the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas, for a 10-year extension of the Production Sharing Contract (PSC) for the Ravva block in Andhra Pradesh. With this extension, the PSC is now valid effective October 28, 2019, for the next 10 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.
