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Vedanta Oil and Gas shares rally 8%. What’s boosting investor sentiment today?
Vedanta Oil and Gas shares rose sharply on Thursday, outperforming its recently listed Vedanta group peers after reports that the Delhi High Court cleared the enforcement of $99 million in arbitral awards in favour of Vedanta and Ravva Oil. The development boosted investor sentiment despite the company's weaker Q1 production performance.
Vedanta Oil and Gas shares rose sharply on Thursday, outperforming its recently listed Vedanta group peers after reports that the Delhi High Court cleared the enforcement of $99 million in arbitral awards in favour of Vedanta and Ravva Oil. The development boosted investor sentiment despite the company's weaker Q1 production performance.
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