Vedanta Ltd (VDAN.BO)
23 May 2018
Thu, May 24 2018
** Vedanta Ltd falls as much as 4.95 pct to 240.15 rupees, its lowest since June 28, 2017
THOOTHUKUDI/MUMBAI India One person died and others were wounded by gunfire in Tamil Nadu on Wednesday in fresh violence related to protesters' demands that a copper smelter be shut on environmental grounds. The day before at least ten people were killed by police during a mass demonstration against the plant.
May 23 Indian shares fell on Wednesday, dragged by energy stocks such as Hindustan Petroleum Corp Ltd and Oil and Natural Gas Corp Ltd (ONGC) on rising concern that the government may ask state-owned oil firms to share the burden of higher petrol and diesel prices.
** Shares of copper and aluminium producer Vedanta Ltd fall as much as 6 pct to 253.75 rupees, their lowest since July 4, 2017
May 23 Shares of Vedanta Ltd fell to their lowest since July 5, 2017, after at least nine people were killed in the southern state of Tamil Nadu when police fired at violent protesters calling for the closure of a copper smelter run by parent Vedanta Resources Plc.
* VEDANTA LTD EXEC SAYS CO PLANS TO REACH 350,000 BARRELS PER DAY IN 3 YEARS IN OIL AND GAS SECTOR
* MARCH QUARTER CONSOL NET PROFIT 48.02 BILLION RUPEES VERSUS PROFIT OF 26.47 BILLION RUPEES LAST YEAR
* APPEAL FILED BY RENAISSANCE STEEL INDIA, CHALLENGING ORDER OF NCLT - KOLKATA BENCH APPROVING CO'S RESOLUTION PLAN FOR ELECTROSTEEL STEELS
** Shares of Hindustan Zinc Ltd slide as much as 4.7 pct to 311.5 rupees, their lowest since April 16
* SAYS CO INCORPORATED VEDANTA STAR LIMITED W.E.F. APRIL 23 WITH PAID-UP SHARE CAPITAL OF 500,000 RUPEES Source text - http://bit.ly/2HtCSbC Further company coverage: