Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.
Vedanta's consolidated net debt stood at Rs 26,799 crore in the June quarter, against Rs 24,414 crore for the quarter ended March 2022
Diversified natural resources company Vedanta on Thursday said it has received "quite a number of bids" for its Sterlite Copper unit in Tamil Nadu, and is in the process of evaluating them
The company's depreciation and amortisation increased by 16% year-on-year to Rs 2,464 crore on account of higher depletion charge in oil and gas and higher ore production at Zinc India
The report comes a month after Vedanta putting on sale its copper unit, shut 4 yrs ago after 13 people were killed in a police firing on protestors agitating against alleged pollution by the unit
To provide integrated green energy solutions to carbon-intensive industries
Revenue from operations increased to Rs 9,236 crore in Q1 versus Rs 6,378 crore last year
So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore
Stocks to Watch Today: CEAT, Havells, IndusInd Bank, Mastek, OFSS, RIIL, Syngene International, Tata Communications and Wirpo to announce Q1 results on Wednesday.
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The hefty dividend comes even as the firm plans to ramp up capital investment to as much $2 billion in the year ending March 2023
The country continues to pay hefty import bills year after year even as the nation is gifted with significant reserves of metals and minerals, the metals and mining magnate noted.
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
Three resolutions have been listed on the agenda of the company's annual general meeting (AGM), to be held on August 10, involving subsidiaries
Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal
The move will make way for the production of value-added zinc alloy products and enable the company to deliver international quality products in the domestic market
Billionaire Anil Agarwal-led Vedanta expects to bring into operation two coal blocks in Odisha in this fiscal and is working out a plan to fast-track the operationalisation of another coal mine in the eastern state. Vedanta is focusing on the long-term security of coal especially when thermal power plants and the non-regulated sector have witnessed supply shortages in the current and the last year. "We intend to operationalise Jamkhani and Radhikapur (West) (coal blocks....," Vedanta said in its integrated report and annual accounts 2021-22. Vedanta Limited is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. The company bagged the Jamkhani coal block in 2019 and the Radhikapur West coal block in 2020 in auctions. Jamkhani coal block is in proximity to the company's Jharsuguda aluminium smelter. It is one of the most ...
Anil Agarwal-controlled unit looks to raise $700 mn from Indian lenders
July 21 set as record date for payout; stock up 1.44% on BSE
The tribunal has asked Sebi probe the violations and "take it to its logical conclusion within six months from today"