Vedanta back in black on sharp decline in tax expenses, posts ₹5,603 cr profit in Q2
Vedanta reported a 3.6% year-on-year decline in revenue from operations to ₹37,171 crore for the September 2024 quarter, down from ₹38,546 crore a year earlier.
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Hindustan Zinc announces 2nd interim dividend of ₹19; stock rises 2%
The board of Hindustan Zinc has approved the second interim dividend worth ₹8,028.11 crore.
Hindustan Zinc shares nosedive 20% in 4 sessions; here’s why
The share price of Hindustan Zinc has corrected nearly 40% from its 52-week high of ₹807 touched on May 22, 2024.
Vedanta to sell 2.6% equity in Hindustan Zinc via OFS; stocks fall up to 6%
The government holds a 29.54% stake in HZL while Vedanta owns 64.92% shares in the metal and mining company, which are largely pledged.
Vedanta shares surge 4% on robust Q1 result
Anil Agarwal-led Vedanta records better volumes and cost rationalisation in the April-June quarter, which drove earnings; EBITDA up 47%
Vedanta Q1 profit surges 54% to ₹5,095 cr, revenue up 6%
Mining giant’s Q1 EBITDA increases 47% to ₹10,275 cr on structural cost saving, easing of input commodity inflation, favourable output commodity prices
Vedanta gets approval from 75% secured creditors for demerger
The six separate listed companies will be Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd.
Vedanta shares slide over 6% amid block deal; promoter entity likely seller
Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta.
Vedanta shares gain 4% on report of SBI nod to demerger plans
The metal and mining company has received approval from State Bank of India to split its existing businesses into six separate entities.
Hindustan Zinc shares jump 19% to record high
Shares of Hindustan Zinc gained 19.4% to hit a 52-week high of ₹738.90
