Vedanta Q2: revenue up 57.5% YoY to Rs26,356 Cr as post-demerger profit from continuing operations rises 151%
India, Oct. 28 -- Mining companies don't set the price of what they sell. Zinc, copper and aluminium trade on global exchanges, and a miner's fortunes depend on how much metal it digs up, what it costs to produce and where the market stands. Zinc is mostly used to galvanise steel, so it moves with construction and infrastructure. That makes low-cost mines and steady volumes especially valuable.
The Nifty 50 was trading at 22,704.75, down 0.20%. Meanwhile, Sensex also fell 0.44% to 73,298.97 on Wednesday. Meanwhile, Shares of Vedanta Ltd. were trading at Rs. 232.95, up 3.26 percent from previous close of Rs. 225.60. The stock opened at Rs. 227.35 and reached an intraday high of Rs. 233.30 and low of Rs. 226.40. The company currently has ...
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