Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimism. Citi prefers Vedanta Aluminium as a structural play, while Oil & Gas, Power, and Iron & Steel offer more cyclical or …
Vedanta Aluminium faces a hefty Rs 233.11 crore demand for unauthorized water extraction. The company allegedly drew large volumes of water daily from Bheden river without permission. This includes base charges, a six-time penalty, and monthly interest. The B…