Vedanta to issue NCD; stocks could react sharply
DSIJ Intelligence / 06 Oct 2016
Vedanta, the global and diversified metal mining company is in news one more time. Company post market hours has informed the bourses that the committee of board of directors of the company in its meeting held on September 30, has approved the issue of non- convertible debentures upto Rs 1250 crores.
Vedanta, the global and diversified metal mining company is in news one more time. Company post market hours has informed the bourses that the committee of board of directors of the company in its meeting held on September 30, has approved the issue of non- convertible debentures upto Rs 1250 crores.
The shares of the company would be closely watched and are expected to open in green on October 6. In the last 3 months the shares of the company have given a return of 40 per cent. In the last 6 months, shares have surged over 117 per cent. Fifty-two week high/low of the company stands at Rs 192.80/58.10.
Meanwhile, the BSE Sensex on October 6 has opened in green at 28321, up by 102 points. Nifty on the other hand opened at 8756.15, up by 24.75 points.
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