Vedanta is currently trading at Rs. 159.15, up by 1.80 points or 1.14% from its previous closing of Rs. 157.35 on the BSE.
The scrip opened at Rs. NA and has touched a high and low of Rs. 160.10 and Rs. 158.60 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 202.45 on 16-Jan-2019 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. 160.85 and Rs. 150.10 respectively. The current market cap of the company is Rs. 58490.05 crore.
The promoters holding in the company stood at 50.14%, while Institutions and Non-Institutions held 35.71% and 10.12% respectively.
Vedanta has received approval to raise fund aggregating up to Rs 2,000 crore in one or more tranches on a private placement basis, up to 20,000 number Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakhs each.
The Board of Directors of the Company at its meeting held on January 08, 2020 has approved the same. The tenure of the instrument is upto 10 years from the deemed date of allotment. The NCDs will be listed at BSE.
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.
