Vedanta is currently trading at Rs 437.00, up by 3.45 points or 0.80% from its previous closing of Rs 433.55 on the BSE.
The stock opened at Rs 436.55 and recorded a high of Rs 442.20 and a low of Rs 432.80. A total of 5,86,320 shares have been traded so far.
Vedanta, a BSE group 'A' stock with a face value of Rs 1, has touched a 52-week high of Rs 527.00 on December 16, 2024, and a 52-week low of Rs 249.75 on March 13, 2024. Over the past week, the stock has fluctuated between Rs 442.20 and Rs 401.25. The company's current market capitalization stands at Rs 1,70,786.20 crore.
The promoter holding in Vedanta stands at 56.38%, while institutions hold 27.47% and non-institutions hold 16.15%.
In a significant financial move, Vedanta has raised Rs 2,600 crore through the private placement of Non-Convertible Debentures (NCDs). The company issued 2,06,000 unsecured, redeemable, rated, and listed NCDs of Rs 1,00,000 each, amounting to Rs 2,060 crore (Series 1 Debentures), along with 54,000 NCDs of the same value, aggregating to Rs 540 crore (Series 2 Debentures). The Committee of Directors has approved the allotment.
Vedanta is a diversified natural resources company engaged in the production of oil and gas, zinc-lead-silver, copper, iron ore, aluminium, and commercial power.