'

Tag: Vedanta limited

Vedanta shares are down 4% while metal stocks are reeling from the broad sell-off. Is the dip worth buying?
Stock Market

Vedanta shares are down 4% while metal stocks are reeling from the broad sell-off. Is the dip worth buying?

Shares of Vedanta Ltd fell 4.4% to an intraday low of Rs 595 on the BSE on Thursday, tracking a sharp sell-off in the metals sector. The stock came under pressure as weakness in global and domestic commodity prices weighed on sentiment, dragging metal counters lower during the session.By 1 p.m., futures contracts for major […]

author
Vedanta Resources raises 0 million through bond issuance; use the proceeds to pay off short-term debt
Stock Market

Vedanta Resources raises $500 million through bond issuance; use the proceeds to pay off short-term debt

Anil Agarwal-led Vedanta Resources Ltd (VRL) raised $500 million through bonds in October and will use the proceeds to repay short-term liabilities. According to the letter to bondholders, the company stated that “the average maturity of its debt portfolio is now well over four years, and it has reduced its weighted average interest expense to […]

author