VEDANTA LTD
AFTER UNSUCCESSFULL ATEMPT OF DELISTING
VEDANTA CAN GO TO NEARLY 150 ++ to 200
LIC HAS DEMANDED RS. 250 + SHARE
VEDANTA'S INVESTMENT IN HINDUSTAN ZINC IS OF RS. 65000 CRORE
LID HOLDS 5.58% IN VEDANTA, FII HOLDS 17.50%
VEDANTA'S PRESENT DIVIDEND YIELD IS 4%+ Best stock to Invest at present price , this near to Bank FD's Interest
and capital gain will be addition gain
This is my personal view only you may take risk and should invest, I will not be responsible for any loss in any kind of shares in which I have advices. at present this is part of my personal & family portfolio.
About Company
Vedanta's operations are diversified across metals, mining, power, and oil and gas. VRL, which is based in London, holds 50.1% stake in Vedanta. The group has copper, iron ore, and aluminium assets at Jharsuguda and Lanjigarh, both in Odisha, and power divisions (2,400 MW and 1,215 MW captive power plants for the aluminium business). The company also holds aluminium assets through its subsidiary, Balco. Also, a part of the power business (1,980 MW) is conducted through its wholly owned subsidiary TSPL. The oil and gas business has been merged with Vedanta, and the group operates the zinc business through HZL and Zinc International in South Africa and Namibia. Vedanta had, through its wholly owned subsidiary, Cairn India Holdings Ltd, acquired slightly over 51% stake in the glass substrate manufacturer, AvanStrate Inc in December 2017. In June 2018, Vedanta, through its wholly-owned subsidiary, Vedanta Star Ltd (VSL), acquired 90% stake in ESL (current operational capacity of 1.5 MTPA) for a total consideration of Rs 5,320 crore. However, as on March 25, 2020, VSL has been merged with ESL and Vedanta will now directly hold 95.5% stake in ESL.
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