Vedanta Shares Rally On Reports Of Resuming Mining Operations In Goa

By Sunil Fernandes
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Shares in Vedanta rallied in trade after reports that the company was all set to resume mining operations in Goa. Vedanta was last trading at Rs 129 on the National Stock Exchange, up almost 2 per cent in trade.

    Vedanta Shares Rally On Reports Of Resuming Mining Operations In Goa
    Vedanta: Quotes, News
    BSE 229.70BSE Quote0.3 (-0.13%)
    NSE 230.45NSE Quote0.35 (0.15%)
    A report in the Times of India quoted A N Joshi, Head, Corporate Affairs of Sesa Iron Business as saying, "After a struggle of almost three years of mining suspension in Goa, in spite of falling prices, Sesa Goa business of Vedanta Limited is making its best efforts to restart mining operations in Goa."

    Shares in Vedanta have been losing heavy ground in the last few trading sessions as metal prices have remained soft over growth worries in China.

    Vedanta shares have also reacted to reports over opposition of large shareholders in Cairn to a reported Cairn India and Vedanta merger.

    GoodReturns.in

    Read more about: sesa vedanta cairn india
    Story first published: Friday, August 7, 2015, 10:45 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more