The Nifty Metal index, which tracks 15 companies from the metals and mining sector, plunged 4.71 per cent to hit an intraday low of 10,874 on the NSE
Stocks to Watch today, Mar 23: From HDFC Bank to Ola Electric, here are few stocks that will in focus
Business conglomerate Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT's approval to Adani Group's bid for acquiring Jaiprakash Associates Ltd for Rs 14,535 crore. Anil Agarwal-led Vedanta Group was in the race to acquire Jaiprakash Associates Ltd (JAL) through an insolvency process, but the lenders in November last year approved the resolution plan or bid of Adani Enterprises Ltd. On March 17, the National Company Law Tribunal (NCLT), Allahabad bench, approved Adani Enterprises Ltd's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process. In a regulatory filing, JAL had informed that the NCLT, Allahabad bench, has "orally pronounced an order on March 17, 2026" approving the resolution plan submitted by Adani Enterprises Ltd. Now, mining giant Vadanta has filed an appeal against the said NCLT order before the appellate insolvency tribunal NCLAT. The matter is listed for hearing on Monday .
Vedanta chairman Anil Agarwal highlights delays in operationalising auctioned mineral blocks, urging reforms to boost production and reduce India's import dependence
Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each
Here is the complete list of stocks that will remain in focus next week as they go ex-date following their corporate announcements, such as dividends, bonus issues, and stock-split
Stocks to Watch today, March 19: HDFC Bank, Ultratech, Vedanta, United Breweries, and Belrise Industries are among the top stocks to watch today
Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through issuance of debentures. The fundraising is part of Vedanta's efforts to diversify funding sources and strengthen its balance sheet as it continues to refinance debt and reduce borrowing costs. The committee has approved the allotment of 2,57,500 unsecured, redeemable, rated, listed, non-convertible debentures of face value of Rs 1,00,000 each, aggregating to Rs 2,575 crore on a private placement basis, a BSE filing said. Vedanta has seen strong investor interest in recent debt issuances. In October 2025, its USD 500 million bond issue was oversubscribed three times, while an NCD offering in June last year saw nearly 60 per cent oversubscription. The company has been gradually deleveraging its balance sheet. Vedanta Resources Ltd, the parent of Vedanta Ltd, has reduced net debt to about USD 4.8 billion as of December 2025 from about USDS 8.9 billion in March 2022. The sustained
Nifty Metal index: At 10:45 AM on Friday; the metal index was the top sectoral indices loser down 4.3 per cent as against 1.3 per cent decline in the Nifty 50.