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This large-cap stock gave 245% returns in 11 months

This large-cap stock gave 245% returns in 11 months Vedanta shares have delivered an impressive return of 245 per cent over the last eleven months, from its 52-week low of Rs 60.3 as on March 30, 2020 Chitranjan Kumar | February 22, 2021 | Updated 19:38 IST Vedanta shares hit 52-week of Rs 208.15 on BSE Vedanta share price surged 9 per cent to hit record high of Rs 208.15 on Monday amid report that promoter group is mulling another stake buy in the company. Vedanta shares have delivered an impressive return of 245 per cent over the last eleven months, from its 52-week low of Rs 60.3 as on March 30, 2020. The stock has jumped 12 per cent in the last five days and 26 per cent over one month period. In the calendar year 2021, Vedanta has outperformed the market by rallying 27 per cent, as against a 3.9 per cent gain in the BSE benchmark Sensex. The market capitalisation of Vedanta stands above Rs 75,000 crore.

Will Vedanta s open offer be a precursor to delisting?

Will Vedanta s open offer be a precursor to delisting? The new open offer plan of Vedanta promoters at Rs 160 a share to buy 10 per cent stake from the public is seen as a renewed attempt towards delisting of Vedanta Ltd. The offer price is lower than the current market price of Rs 175 Nevin John | January 15, 2021 | Updated 21:53 IST The market capitalisation of Vedanta stands above Rs 65,000 crore. The public holds about 49.5 per cent stake in Vedanta Anil Agarwal became successful in delisting of his various companies and restructuring of Vedanta Group after multiple attempts and with initial rebukes from investors. His delisting plan for Vedanta Ltd had faced similar drubbing from investors, mainly from LIC of India, which had 6.37 per cent stake in the company.

Promoters To Acquire 10% Stake In Vedanta: Should Investors Tender Shares In Open Offer?

Promoters To Acquire 10% Stake In Vedanta: Should Investors Tender Shares In Open Offer?
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

Nifty, Sensex continues to inch up – Thursday closing report

Nifty, Sensex continues to inch up – Thursday closing report Moneylife Digital Team  0 We had mentioned in Wednesday’s closing report that Nifty, Sensex were headed higher. On Thursday, the major indices opened low but ended with minor gains. On the NSE, there were 910 advances, 1,015 declines and 88 unchanged.   The trends of the major indices in the course of Thursday’s trading are given in the table below:     The government has decided to sell up to 10% stake in Steel Authority of India for retail and non-retail investors.    Den Networks reported 238% YoY rise in net profits for Q3FY21 at Rs 65.56 crore compared to Rs 19.35 crore in Q3FY20. Revenues grew 11% to Rs 399 crore vs Rs 359 crore in the previous year.

Vedanta के प्रमोटर्स ओपन ऑफर में 12% Discount पर कंपनी की 10% हिस्सेदारी खरीदेंगे, निवेशक शेयर बेचें या Hold करें? Vedanta Promoters to acquire 10% stake in Vedanta through open offer, should investors tender shares in open offer?

Vedanta के प्रमोटर्स ओपन ऑफर में 12% Discount पर कंपनी की 10% हिस्सेदारी खरीदेंगे, निवेशक शेयर बेचें या Hold करें? Vedanta Promoters to acquire 10% stake in Vedanta through open offer, should investors tender shares in open offer?
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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