Vedanta Resources has a gross debt of $16.9 billion and a net debt of $7.92 billion. Sesa Goa, which was a cash rich co, was taken over by the Vedanta group and it`s reserves were used to buy the shares of Cairn India from Cairn Energy. and after that the promoters have pledged 738873586 (65
10.27 PM Jun 12th 2014
Before jumping on the overvalued bandwagon, please note - Vedanta Resources, the holding company has bought shares worth ~Rs. 400 crores in the past 3-4 trading sessions. It seems prima facie that it has again bought Sesa shares today from the open market.
4.59 PM May 26th 2014
Source:NDTV Profit - Vedanta Resources Plc reported an 8.5 per cent drop in full-year core earnings, hit by lower copper and zinc production, weak commodity prices and a ban on mining iron ore in Goa. Vedanta's stock fell as much as 4.5 per cent to 941 pence in early
3.25 PM May 15th 2014
SSLT is a good stock. I lost money in this counter.I am following last 6 years(Sesa Goa).But I did not left the counter.What Anil Agarval says , Is being implimenting.Just I am following him.In the last 2-3 years there is some thing inside Vedanta Resources.Hence the stocks SSLT, HindZinc, Carn
11.53 AM May 14th 2014
In London, commodity-heavy FTSE 100 edged up 0.16%, still supported by the mining sector. Shares in Glencore Xstrata (LONDON:GLEN) jumped 1.56% and Bhp Billiton (LONDON:BLT) rallied 1.59%, while rival company Vedanta Resources (LONDON:VED) surged 2.04%. In the financial sector, stocks turned mixed
6.07 PM May 13th 2014
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