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MEENAKSHI ENERGY VEDANTA
Vedanta Power Q1 update: Sales rise 38% on Meenakshi boost, Sakti shutdown weighsVedanta Power reported a 38% year-on-year rise in Q1 power sales, driven by a sharp jump in Meenakshi Energy output. Sequential performance...
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
Vedanta Power shares drop 3%, fall below listing price. What lies ahead?Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta de...
Vedanta Power shares rise 4%, snap 2-day losing streak since listingVedanta Power shares rebounded after two days of declines following their stock market debut post the Vedanta demerger. The company crossed...
Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminiu...
Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger playVedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at...
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
Vedanta Power shares list at Rs 42 as mega demerger concludesVedanta Power shares began trading on the NSE and BSE today. This listing follows a major demerger by Vedanta. The company has significant ...
Women driving Vedanta Power's core engineering, plant operations, says firmWomen professionals are making significant contributions to core engineering and plant operations at Vedanta Power, now comprising nearly 2...
Vedanta signs pact with Tamil Nadu discom for supply of powerVedanta Limited has signed an agreement with Tamil Nadu Power Distribution Corporation Limited. The pact is for supplying 500 MW of electri...
Meenakshi Energy announces full operationalisation of 1000 MW thermal power plant in Andhra PradeshVedanta Ltd's Meenakshi Energy Ltd (MEL) has fully operationalized its 1,000 MW thermal power plant in Tirupati, Andhra Pradesh, within two...
Vedanta secures 11-year Rs 3,900 cr loan from PFCThe group plans to increase the operating capacity of its power business in India to 4.8 GW by FY27, sources with knowledge of the matter s...
Vedanta pays interest to bondholdersVedanta has been paying hefty dividends over the past few quarters as it looks to support parent UK-based Vedanta Resources, which is curre...
NCLT approves Vedanta's bid to acquire Meenakshi EnergyThe Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lender...
Vedanta set to acquire Meenakshi Energy for Rs 1,440 croreIn an exchange filing, Vedanta said that Rs 312 crore is set to be paid upfront, while the balance Rs 1,128 crore will be in the form of se...
Vedanta's Rs 1,143-cr offer highest for Meenakshi EnergyThe resolution professional set a threshold price of ₹1,143 crore - the price at which Vedanta submitted a bid. JPSL had previously offered...
NARCL improves offer for Meenakshi Energy to Rs 1,003 croreThe revised offer from the government-promoted NARCL, made last week, follows a request from the lenders to the company and is 11% higher t...