Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential...
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Vedanta has strengthened its Advisory Board with the addition of Jitendra Kumar Dadoo and Prakash Kumar Singh. The company announced the appointments as it readies for the next phase of growth post-Covid. Jitendra Kumar Dadoo, who retired in the rank of Secretary to Government of India in December,...
The Vedanta’s Jharsuguda plant has boosted preventive measures to safeguard its employees, families and business partners against the deadly COVID-19. The company is working in close coordination with the Jharsuguda District Administration to ensure business continuity with limited manpower and...
Vedanta hikes its aluminium products price for the third time in a row. With effect from Friday 10 July 2020, the prices of some aluminium ingots are in the range of INR 142,250-155,250 per tonne, an increase of 2.34% or INR 3,250 per tonne from INR 139,000-152,000 per tonne on July 9. With the...
Vedanta hikes its aluminium products price for the second time in a row. With effect from Thursday 9 July 2020, the prices of some aluminium ingots are in the range of INR 139,000-152,000 per tonne, an increase of 1.65% or INR 2,250 per tonne from INR 136,750-149,750 per tonne on July 8. With the...
Vedanta Limited has increased its aluminium ingot and aluminium billet prices with effect from July 8, following the two consecutive cuts on July 1 and July 4. The aluminium ingot price has been raised by INR 1,250 per tonne or 1 per cent to INR 136,750-149,750 per tonne. After the last cut,...
Vedanta’s Alumina Refinery at Lanjigarh joined hands with Kalahandi District Police Administration in a grand blood donation event organized at Vedanta Hospital on 3 rd July’20, under the Odisha Government’s ‘My Government’ initiative. 95 units of blood were collected during the voluntary blood...
Vedanta cuts its aluminium products price after raising it for the second time in a row. With effect from Saturday 4 July 2020, the prices of some aluminium ingots are in the range of INR 135,500-148,500 per tonne, a decrease of 2.17% or INR 3,000 per tonne from INR 138,500-151,500 per tonne on...
After 20 plus years of distinguished service at Vedanta’s various metal businesses, he is moving on for a new journey in a different industry with a new role to play. He has spent almost 9 years in the aluminium business of Vedanta. Preliminary to the aluminium segment, he has been with the mining...
Vedanta’s Alumina Refinery at Lanjigarh observed the National Electrical Safety week recently to strengthen the importance of adhering to safety norms while handling the electrical equipment and machinery. The alumina refinery is commended for upholding the highest standards of safety and with the...
Vedanta hiked its aluminium products price on Wednesday, July 1, marking the second consecutive rise in price. With effect from Wednesday 1 July 2020, the prices of some aluminium ingots are in the range of INR 138,500-151,500 per tonne, a rise of INR 1,750 per tonne or 1.28% from INR...
The Government of India on 30 th June’20 commenced a probe into alleged subsidised exports of aluminium wires from Malaysia, as it is affecting the domestic industry, following a complaint by Vedanta Ltd and Bharat Aluminium Company Ltd. The investigation arm of Ministry of Commerce, Directorate...
Vedanta has raised its aluminium products price after cutting the price of the same product for the second time in a row. With effect from Saturday 27 June 2020, the prices of some aluminium ingots are in the range of INR 136,750-149,750 per tonne, marking an increase of INR 3,000 per tonne or...
Vedanta has reduced its aluminium products price for the second time in a row. With effect from Friday 26 June 2020, the prices of some aluminium ingots are in the range of INR 133,750-146,750 per tonne. This marks a drop of INR 2000 per tonne or 1.47% from INR 135,750-148,750 per tonne on June 25....
Vedanta has cut its aluminium products price on Thursday after raising it by more than 1% on June 18. With effect from Thursday 25 June 2020, the prices of some aluminium ingots are in the range of INR 135,750-148,750 per tonne, marking a decline of INR 2000 per tonne or 1.45% from INR...
Andru Minerals, which owns eight mining leases in Vanthada village of Prathipadu Mandal, East Godavari district, has claimed that the allegations made on them of sending the laterite that they mine to Vedanta hold no truth, according to a recent report. In a press release, Andru Minerals stated...
According to the recent report, Vedanta has increased its aluminium ingots prices by INR 2000 per tonne or 1.47 per cent with effect from Thursday, June 18. The prices are thus, now ranging between INR 137,750 per tonne and INR 150,750 per tonne, as compared to INR 135,750-148,750 per tonne on...
Vedanta has cut its aluminium products price for the second time in a row. With effect from Saturday 13 June 2020, the prices of some aluminium ingots are in the range of INR 135,750-148,750 per tonne, registering a decline of INR 1500 per tonne or 1.09% from INR 137,250-150,250 per tonne on June...
Vedanta has cut its aluminium products price after three hikes in a row. With effect from Friday, 12 June 2020, the prices of some aluminium ingots are in the range of INR 137,250-150,250 per tonne, marking a drop of INR 2000 per tonne or 1.44% from INR 139,250-152,250 per tonne on June 11. With...
