SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vedanta to invest $1.5 billion across oil, zinc, steel business

28 Mar 2022 Evaluate

Vedanta has planned to invest $1.5 billion across its oil and gas, zinc and steel businesses. Its board at a meeting approved $687 million capital spending for drilling of new wells at the firm's oil and gas unit, Cairn Oil & Gas.

It also approved a $466 million phase-2 expansion of the Gamsberg zinc project in South Africa and another $348 million for steel expansion.

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.

Vedanta Share Price

779.60 -8.00 (-1.02%)
20-Apr-2026 10:02 View Price Chart
Peers
Company Name CMP
Hindalco 1023.60
Vedanta 779.60
Hindustan Zinc 586.70
Jain Resource Recycl 410.55
Gravita India 1671.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×