A total of 755,597 shares changed hands on the counter till 02:04PM (IST)

A total of 224,615 shares changed hands on the counter till time (IST).

A total of 377,098 shares changed hands on the counter till 11:12AM (IST)

Company executives said on a call with analysts the money will also be used for the group’s capex and payment of dividend, emphasising that an inter-corporate loan is out of the question.

Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 123745.56 Crore) operating in Diversified sector.

After scrapping the seven-month-old process to offload the 400,000 tons-a-year Sterlite Copper plant, the company will now work with the local population to restart the factory that was shut on environmental concerns, the people said, asking not to be named as the information is not public.

The stock quoted a 52-week high price of Rs 440.75 and a 52-week low of Rs 206.1.

The counter is in a classical uptrend, as it has higher highs & higher lows. On the daily chart, it also saw the breakout of a long consolidation formation with declining volume.The structure of the counter is very bullish, as it trades above all important moving averages. It has broken a neckline at around Rs 360–363 levels on the daily chart.

The tribunal turned down the contentions of consortium of Prudent ARC, the competing bidder for power company which is under corporate insolvency resolution process

A total of 548,362 shares changed hands on the counter till 12:30PM (IST).

The revenue from operations came in at Rs 33,691 crore, down 0.01% from Rs 33,697 crore in the corresponding quarter a year ago, the company said in an exchange filing.

The dollar bondholders were jittery about timely payment because 100% of the promoter's equity is pledged with lenders, and delay in arranging refinance prompted Moody's to downgrade the 'corporate family rating' by one notch last October. Within days of the downgrade, Vedanta announced it would discontinue rating engagement with Moody's.

The company's operating revenue stood at Rs 33,691 crores for the quarter ended December 2022 against Rs 33,697 crores reported in the quarter ended December 2021.

A total of 276,177 shares changed hands on the counter till 11:43AM (IST).

Nifty futures on the Singapore Exchange traded 82.50 points or 0.46% higher at 18,036, signalling a positive start for Dalal Street.

A total of 77,092 shares changed hands on the counter till 10:05AM (IST).

Twin Star Holdings, a unit of the London-based Vedanta Resources, is talking to multiple global financiers such as JP Morgan, Barclays, Deutsche Bank and Standard Chartered for the bridge loans, the sources cited above said. These financiers are relationship banks for the Anil Agarwal-led conglomerate.

The stock quoted a 52-week high price of Rs 440.75 and a 52-week low of Rs 206.1.

A total of 322,896 shares changed hands on the counter till 12:46PM (IST)

Net Sales are expected to decrease by 4.2 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 32,651.6 crore, according to Motilal Oswal.

The dividend will amount to about Rs 5,493 crore. The company has fixed a record date of January 30 for the purpose of payment of the third interim dividend to eligible shareholders.

The Relative Strength Index (RSI) is at 60.7. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

The stock quoted a 52-week high price of Rs 440.75 and low of Rs 206.1.

Hindustan Zinc delivered best-ever 9 months refined metal on the back of the highest ever mined metal. In FY22, we reached the one million tonne mined metal landmark, and this year with the current run-rate, we are confident of achieving the one million tonne refined metal mark and are fully geared to deliver another stellar annual performance," said Arun Misra, CEO, Hindustan Zinc

Subject to receipt of timely regulatory approvals, the transaction is expected to be completed in a phased manner over a period of around 18 months, the company said.

In a statement to exchanges, the company said the appointment is effective January 5.

The stock traded at a P/E multiple of 7.48, while the price-to-book value ratio stood at 2.3.

According to an exchange filing, Rs 312 crore is to be paid upfront while the balance of Rs 1,128 crore will be paid in the form of secured, unlisted non-convertible debentures issued by Meenakshi Energy.

The company's mined metal output during the September quarter was at 2,55,000 tonne, up 2.8% YoY on the back of better grades and improved mill recoveries. Hindustan Zinc's integrated metal production in the second quarter of 2022 was 2,46,000 tonne, up 17.5% year-on-year.

A total of 134,761 shares changed hands on the counter till 10:15AM (IST).

The stock quoted a 52-week high of Rs 440.75 and a 52-week low of Rs 206.1.

A total of 183,076 shares changed hands on the counter till 01:53PM (IST).

The Relative Strength Index of the stock stood at 57.45 on Friday.