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Vedanta planning to invest $1.7 billion in FY24

20 Jun 2023 Evaluate

Vedanta is planning to invest $1.7 billion in the current financial year (FY24) to expand the capacities of its various business operations. The company has already invested $1.2 billion in the form of growth capex in FY23 to augment its assets and production.

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.


Peers
Company Name CMP
Hindalco Industries 934.30
Vedanta 254.35
Hindustan Zinc 559.95
Jain Resource Recycl 283.60
CMR Green Tech 223.65
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