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Vedanta surges on the bourses

31 Aug 2020 Evaluate

Vedanta is currently trading at Rs. 133.30, up by 4.50 points or 3.49% from its previous closing of Rs. 128.80 on the BSE.

The scrip opened at Rs. 130.70 and has touched a high and low of Rs. 134.65 and Rs. 129.35 respectively. So far 1566799 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 166.95 on 26-Sep-2019 and a 52 week low of Rs. 60.30 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 134.65 and Rs. 126.10 respectively. The current market cap of the company is Rs. 48416.45 crore.

The promoters holding in the company stood at 50.14%, while Institutions and Non-Institutions held 34.06% and 11.43% respectively.

Vedanta’s Lanjigarh alumina refinery is planning to support ‘Aatmanirbhar Bharat’ by producing quality raw material for aluminium production - a vital raw material for the country - through digitalization, focus on quality, skill enhancement and asset optimization.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc leadsilver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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