Vedanta Outlines Large Post-Demerger Expansion; Targets $5 Billion Oil & Gas Capex
India, July 16 -- Shares of Vedanta Group companies are likely to remain in focus after Chairman Anil Agarwal unveiled an aggressive expansion roadmap at the company's 61st Annual General Meeting, outlining large-scale capacity additions across metals, mining and energy businesses following the group's recent demerger.
Shares of Vedanta Limited were trading at Rs 257.85, down by 1.04 percent from the previous close of Rs 260.55. The stock opened at an intraday high of Rs 262.40, and the lowest so far is Rs 256.10. The company currently commands a market capitalisation of Rs. 1,00,829 crore.
According to the company's AGM update, Vedanta has completed its demerger into five listed businesses-Vedanta Limited, Vedanta Aluminium, Vedanta Oi...
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