Flying high! Vedanta Oil and Gas, Vedanta Power, Vedanta Iron & Steel: Why Vedanta shares jumped up to 13.5%?
Vedanta’s Oil and Gas and Power businesses swung to profits in the September quarter, driving their stocks up 13.5% and 13.4%, respectively, on Friday. Higher power sales and improved price realisations supported the turnaround, while Vedanta and its Aluminium business shares declined.
Vedanta’s Oil and Gas and Power businesses swung to profits in the September quarter, driving their stocks up 13.5% and 13.4%, respectively, on Friday. Higher power sales and improved price realisations supported the turnaround, while Vedanta and its Aluminium business shares declined.
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