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Vedanta surges as its mined zinc production in India rises 4% in Q3FY21

22 Jan 2021 Evaluate

Vedanta is currently trading at Rs. 172.65, up by 3.60 points or 2.13% from its previous closing of Rs. 169.05 on the BSE.

The scrip opened at Rs. 170.00 and has touched a high and low of Rs. 173.00 and Rs. 168.60 respectively. So far 189174 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 189.70 on 08-Jan-2021 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. 178.90 and Rs. 167.25 respectively. The current market cap of the company is Rs. 62839.17 crore.

The promoters holding in the company stood at 55.11 % while Institutions and Non-Institutions held 29.26 % and 11.41 % respectively.

Vedanta’s mined zinc production in India rose 4 per cent to 2,44,000 tonnes in the third quarter of the ongoing fiscal on account of higher ore production partially offset by slightly lower overall metal grades. The integrated metal production was 2,35,000 tonnes for Q3 FY21, up 7 per cent as compared to Q3 FY20.

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.

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