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Stocks in news: Apollo Tyres, Lupin, Asian Paints, Vedanta and more


Stocks in news: Apollo Tyres, Lupin, Asian Paints, Vedanta and more
Stocks to watch today: Apollo Tyres, Lupin, Asian Paints,Vedanta, Shriram City Union Finance, Tata Power, Infosys, Lupin, Polycab India and more
BusinessToday.In | May 14, 2021 | Updated 09:11 IST
Stocks to watch today: Apollo Tyres, Lupin, Asian Paints,Vedanta, Shriram City Union Finance, Tata Power, Infosys, Lupin, Polycab India and more
Sensex and Nifty were likely to open higher today as Nifty futures on the Singapore Exchange rose 179 points, or 1.23 per cent to 14,686.50. On Wednesday, benchmark indices fell for the second consecutive session amid mixed global markets. While Sensex ended 471 points lower at 48,690, Nifty lost 154 points to 14,696.  Equity markets were closed on Thursday on account of Id-Ul-Fitr. ....

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vedanta: Rising commodities to keep Vedanta's investors happy


Rising commodities to keep Vedanta’s investors happy
Along with higher realisation, performance was also boosted by record-high production and record-low costs in zinc, aluminium and oil and gas businesses, which contributed 45 per cent, 30 per cent and 12 per cent to Ebitda, respectively.
Synopsis
With higher commodity prices, the Ebitda for the September quarter is expected to be close to Rs 11,000 crore and expected to close the year with an annual Ebitda of over Rs 40,000 crore Ebitda. Growth capex guidance for FY22 is $1.1 billion against $0.3 billion incurred last year.
Mumbai: Vedanta’s stock has gained 26 per cent in the past one month, and the momentum may continue, given the company will continue to benefit from rising commodity prices. ....

Commodity Prices , பண்டம் ப்ரைஸஸ் ,

Sterlite Copper oxygen plant develops 'technical snag'; production halted


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Sterlite Copper oxygen plant develops technical snag ; production halted
Vedanta Ltd owned Sterlite Copper Plant which recently, commenced production of medical oxygen at its facility in Tamil Nadu has faced a technical snag in a cold box leading to a suspension of production, the company said on Friday.
The facility began production of medical oxygen and the first set of medical oxygen tankers was dispatched to the beneficiaries on Thursday from the Tuticorin plant, located about 600 kms from.
In a statement on Friday, the company said, a technical snag has developed in the cold box at our oxygen plant in Tuticorin, leading to a temporary pause in production. The company said it anticipated a minor technical fluctuation since the plant remained unattended for three years. ....

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