Flying high! Vedanta Oil and Gas, Vedanta Power, Vedanta Iron & Steel: Why Vedanta shares jumped up to 13.5%?
60-Word AI Digest
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.
Key Takeaways
- 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.
- Full details and original dispatch available below.
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.
Original Publisher Attribution
This summary was curated from Livemint.