Gold Silver Reports (GSR) – Vedanta Declines Ahead Of Quarterly Results Announcement – Shares of the base metal producer extended declines for the second day and fell as much as 2.1 percent to Rs 277.35, ahead of its March quarter results announcement. Analysts surveyed by Bloomberg predict the company’s net profit to decline 13.7 percent on a yearly basis to Rs 2,579 crore.
Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.
Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.
Gold Silver Reports (GSR) – Metal Stocks Gain After Aluminium, Copper Prices Rise On LME – Shares of metal producers were trading higher led after copper and aluminium prices rose in international markets. Aluminium prices settled 5.49 percent higher on the London Metal Exchange. While, copper rose 2.1 percent in trade yesterday.
☄ We have completed NCLT procedure
☄ Have sweetened the bid for Electro steel.
☄ Have hiked offer by Rs 500 crore for Electrosteel Steel to Rs 5,000 crore.
☄ Great pride for Vedanta Group to add value to assets like Electrosteel Steels.
Gold Silver Reports (GSR) – Metal Stocks Forecast Rebound Sharply From Yesterday’s Fall – Shares of the metal companies rebounded sharply from yesterday’s decline as concerns about a trade war between the world’s two largest economies eased after the U.S. and China signaled room for talks.
Gold Silver Reports (GSR) – Stocks To Watch: Essar Steel, Fortis Healthcare, JSW Steel, Tata Steel, Vedanta — Asian stocks declined as a sell-off in once much-favored U.S. technology shares deepened and volatility soared.
Electrosteel Steels Gains As Vedanta Wins Acquisition Bid — Shares of the Kolkata-based steel producer rose as much as 6.7 percent to Rs 2.56 after Vedanta agreed to buy Electrosteel Steels, the company informed the exchanges.
Indian Equity Edged higher led by Vedanta, Mahindra & Mahindra, Bharti Airtel and Sun Pharma. — Indian equity benchmarks edged higher led by Vedanta, Mahindra & Mahindra, Bharti Airtel and Sun Pharma. However, the gains were capped as oil marketing companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum were among the losers.