Coal shortage hurts Hindalco, Vedanta
Coal supply to the captive power plants owned by the two aluminium producers is low04-11-2017
Coal shortage hurts Hindalco, Vedanta
Coal supply to the captive power plants owned by the two aluminium producers is lowAfter Hours: Vedanta hits 7-year high; bank stocks log gains
Here's a look at the top sectors/stocks that hogged limelight through the session.Outcome of Committee Meeting
Grant of Stock Options under Vedanta Limited Employee Stock Option Scheme- 2016 (ESOS 2016)Vedanta soars on higher commodity prices in Q2, as supply constraints drive metal prices up
Vedanta's 2nd quarter results ending September are strong - the company's consolidated Ebitda margin stood at an impressive 26.3%, and YoY net profits for the quarter grew 20%. The management touted the company's "solid operational performance in zinc and copper businesses, supported by strong commodity prices." This trend in commodity prices is expected to continue - stronger global growth has driven metal prices to new highs, especially given supply constraints, with China, a key producer, placing restrictions on its metals and mining industry citing air pollution targets. The demand for copper is expected to rise further, with its increased demand in the battery car industry - copper is a key component of battery charging points. Still, Vedanta is facing a few flags in rising costs, with procurement costs increasing for coal, with the company still not having fully sorted out its coal linkages. Vedanta is also awaiting bauxite allocation in Odisha for its aluminum business, where political and government tensions have delayed this. Overall however, commodity prices are expected to continue to rise - good news for the company's coming quarters.Coal-rake shortage hits Vedanta, Hindalco aluminium production
Rake shortage to blame; companies' costs go up, production hitInvestor Presentation
Investor Presentation on the Unaudited Standalone and Consolidated Financial Results of the Company for the second Quarter and Half-Year ended September 30, 2017.Press Release / Media Release
Vedanta Limited - Consolidated results for the Second Quarter ended September 30, 2017Credit Rating
Pursuant to Regulation 30 and 51 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the ratings for the Company have been revised by India Ratings.