According to analysts, the broader weakness in metal stocks reflects the risk-off sentiment across global markets amid rising geopolitical tensions
Vedanta Group is targeting to increase women representation across all organisational levels to 35 per cent from 23 per cent at present. The company has also announced the launch of nationwide campaign #HerAtTheCore and a LinkedIn-led hiring drive inviting women to build careers across mining, metals, oil and gas, power and technology, a statement said. Quoting Annual Survey of Industries, Vedanta said women accounted for around 18 per cent of direct employment across industries in 2023-24, while in core sectors such as mining and metals, their share remained only 6 per cent. The campaign seeks to highlight the fact that India is entering a defining decade of industrial growth, powering the global energy transition, building EV supply chains, and strengthening its role in advanced manufacturing and technology, Vedanta said. Metals, minerals, oil & gas, and power are crucial for the growth of these industries. And yet, women represent only about 6 per cent of the workforce across ..
Metal shares declined on Wednesday, following weakness in global markets and a broad-based risk-off sentiment triggered by escalating geopolitical tensions in West Asia
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Last June, the company raised an aggregate of 50 billion rupees through a combination of two-year papers, 30-month bonds and three-year bonds
Tata Steel, JSW Steel and Jindal Steel hit their respective all-time highs on the NSE today
Vedanta share price: In an exchange filing, Vedanta said that its board will meet on Wednesday (February 25) to consider a fundraising proposal via NCDs
Individually, Hindalco and Nalco shares fell as aluminium prices peaked, which does not bode well for Indian aluminium companies, as it may impact their earnings, according to InCred Equities
Thus far in CY26, the Nifty Metal has been the best performing sectoral index that moved up around 10 per cent, ACE Equity data shows. In comparison, the Nifty 50 index lost nearly 1 per cent
Despite the recent correction, in the past six months, the market price of Hindustan Zinc has zoomed 141%, and Vedanta 48%, as compared to 3.4% rise in the BSE Sensex.
Drumil Vithalani, technical analyst at Bonanza decodes trading strategy in Nifty Metal, as the index slumps over 9 per cent in two trading sessions.
Metal stocks slide: Share price of Hindustan Zinc, NALCO, Vedanta and Hindalco Industries were down 8% to 14% on the NSE in intra-day trade on Sunday, Budget day.
Despite strong Q3 earnings, improving margins and progress on demerger plans, volatile global commodity prices and high capex could restrain Vedanta's upside
Vedanta's restructuring will spin off 4 businesses - steel and ferrous metals, oil and gas, aluminium, and power - into separately listed companies, while its base metals unit will remain with parent
The stock fell to an intraday low of ₹702.40 per share before paring some losses. Around 11 AM, Vedanta was trading 6.93 per cent lower at ₹713, underperforming the broader market.
Metal stocks today: Hindustan Copper, NALCO, Vedanta, Hindustan Zinc, Hindalco Industries and NMDC were down in the range of 6 per cent to 11 per cent on the NSE in Friday's intra-day trade.
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Vedanta posted quarterly Ebitda of ₹15,171 crore, up 34 per cent year-on-year, with Ebitda margin rising 629 basis points to 41 per cent
Vedanta's market cap hit ₹2.97 trillion in intra-day trade on Thursday; the stock has skyrocketed by 72 per cent in the last six months.