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Tag: Vedanta share price

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 […]

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Kotak upgrades Vedanta shares to Buy and raises price after NCLT nod for demerger
Stock Market

Kotak upgrades Vedanta shares to Buy and raises price after NCLT nod for demerger

Shares of metals and mining giant Vedanta could rise as much as 14%, according to Kotak Institutional Equities. The company has upgraded the shares to buy and raised the price target after the company received formal approval from the National Company Law Tribunal (NCLT) for its proposed demerger into multiple independent, sector-focused listed entities.With a […]

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