Vedanta had planned to reduce debt by $1 billion this year, and plans to cut it by another $1 billion in financial year 2026 and by another $1.5 billion in financial year 2027.
The stock has also surged and declined on very strong volumes. As of 2 PM, nearly 11 crore shares have been traded on the stock, adding to the 4.67 crore shares that were traded on Wednesday, when the stock had…
Shares of Unicommerce eSolutions gained 1.5% on Thursday, touching an intraday high of ₹125.75 on the BSE. By 2:09 PM, the stock had pared gains, trading flat at ₹124.05, (up 0.16%) for the day.
Dilip Buildcon shares jumped nearly 6% to ₹481.20 after its JV won a ₹2,631 crore order from BSNL for the BharatNet project. The contract strengthens its infrastructure portfolio.
Zen Tech Share Price | The order is for the supply of integrated air defence combat simulator for L70 gun to the ministry.
Dixon Tech Share Price | Under the terms of the agreement, both Dixon and Signify will hold an equal 50% stake in the newly formed JV. Neither company will have any ownership in the other’s existing businesses.
Steel Strips Wheels Share Price | Steel Strips Wheels said its product steel and alloy wheel rims are not covered by the said proclamation and will not be impacted by the 25% tariff.
Foreign portfolio investors (FPIs), pressured by poor earnings, high valuations and prospects of U.S. tariffs, have pulled more than $28 billion out of Indian stocks since September’s record high in the benchmark NSE Nifty 50.
Alongside L&T, Priyankar Biswas, India analyst for industrials, logistics, and metals at BNP Paribas also expressed confidence in JSW Infrastructure.
Out of the 34 analysts each who have coverage on HPCL, BPCL and Indian Oil, 21 of them have a ‘Buy’ rating on HPCL, 23 of them say ‘buy’ BPCL, while 20 recommend buying Indian Oil.