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BPCL, Hindalco Industries and Zydus Lifesciences to see some action today

Vedanta Ltd. | Metal - Non Ferrous | Metals & Mining | BSE: 500295 | NSE: VEDL

13 May 2024 Evaluate

Bharat Petroleum Corporation (BPCL) is planning to invest Rs 1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen. As part of 'Project Aspire', a five-year strategic framework, BPCL plans to raise its oil refining capacity, augment petrochemical business and expand its presence in cleaner fuel space with an eye on energy transition and meeting country's fuel demand.

Indian Coast Guard (ICG) and Hindalco Industries have inked a Memorandum of Understanding (MoU) in New Delhi for the manufacturing and supply of indigenous marine-grade aluminium to Indian public and private shipyards for the construction of ships. The MoU will also provide benefits such as quarterly pricing, priority in supplies and Turnover discount.

Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to market Dexamethasone Tablets USP, 1 mg (USRLD: Dexamethasone Tablets). Dexamethasone is used to treat conditions such as arthritis, blood/hormone disorders, allergic reactions, skin diseases, eye problems, breathing problems, bowel disorders, cancer and immune system disorders. The product will be manufactured at the group’s formulation manufacturing facility at Baddi, Himachal Pradesh.

Mahindra & Mahindra (M&M) has signed a Memorandum of Understanding (MoU) with the Ministry of Skill Development and Entrepreneurship (MSDE) to conduct two Pilots under the Drone Didi Yojna. Launched earlier this year, the scheme aims to train 15,000 women to operate drones for agricultural purposes such as fertiliser sowing, crop monitoring and seed sowing, thereby creating new livelihood opportunities for women through imparting skills in new technology areas.

RailTel Corporation of India has received the work order from Central Warehousing Corporation for Supply, Installation, Testing and Commissioning of Modern Video Surveillance System across India amounting to Rs 51,53,29,790 (Including Tax).

Lemon Tree Hotels has signed a new property-- Keys Select by Lemon Tree Hotels in Bareilly, Uttar Pradesh. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. Bareilly is a city in the northern Indian state of Uttar Pradesh, located near Ramganga. It is the seventh-largest metropolis of Uttar Pradesh and the 50th largest city of India.

Vedanta has received approval for the acquisition of additional stake of 46.57% in AvanStrate Inc. (ASI) (an indirect subsidiary of the Company with 51.63% holding) from HOYA Corporation, Japan (HOYA) through Cairn India Holdings (CIHL), a wholly-owned subsidiary of the Company. Post the execution of the aforesaid transaction, CIHL will hold 98.2% in ASI.

Vedanta Share Price

782.75 16.85 (2.20%)

16-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Hindalco	1039.65
Vedanta	782.75
Hindustan Zinc	592.45
Jain Resource Recycl	417.45
Gravita India	1668.60
View more..

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BPCL, Hindalco Industries and Zydus Lifesciences to see some action today

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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