VEDL News and Press, Vedanta Limited American Depositary Shares (Each representing four equity shares) From 11/06/20

Vedanta (VEDL): FQ2 Non-GAAP EPS of ₹2.14; GAAP EPS of ₹2.22.Revenue of ₹208.04B (-4.3% Y/Y)Press Release For further details see: Vedanta reports FQ2 results

Vedanta’s delisting fails, with the parent-co debt load increasingly a concern. Intercompany loans are increasingly being favored to minimize leakage to minorities. The dividend is at risk, and even with valuations below historical levels, investors should exercise caution....

Gainers: Excellon Resources (EXN) +10%. Martin Midstream Partners (MMLP) +9%. Sundance Energy (SNDE) +9%. Western Copper and Gold (WRN) +7%. Eldorado Gold (EGO) +7%.Losers: Piedmont Lithium (PLL) -13%. Vedanta Limited (VEDL) -11%. Lithium Americas ...

Shares of Vedanta Limited (NYSE: VEDL) are down 11% today as of 12:45 p.m. EDT after the company announced over the weekend that its delisting plan failed to receive enough shareholder support. The company's parent organization, India-based Vedanta Resources Limited, was trying ...

Vedanta Ltd. (VEDL) -9.9% pre-market after its attempt to buy back shares and delist itself failed, forcing it to return all the shares tendered as part of the process.The Indian commodities giant says the delisting process failed to receive the required number of shares; for a successful del...

Gainers: Independence Contract Drilling (ICD) +30%. PermRock Royalty Trust (PRT) +21%. Just Energy (JE) +20%. Abraxas Petroleum (AXAS) +19%. Sibanye Stillwater (SBSW) +11%.Losers: Camber Energy (CEI) -28%. Houston American Energy (HUSA) -22%. Orbit...

Gainers: Range Resources (RRC) +9%. Goodrich Petroleum (GDP) +9%. Olympic Steel (ZEUS) +9%. Antero Resources (AR) +8%. United States Steel (X) +8%.Losers: China Natural Resources (CHNR) -11%. U.S. Energy (USEG) -9%. Liberty Oilfield Services (LBRT)...

An Indian court refuses to allow the reopening of Vedanta's ( VEDL -1.1% ) south Indian copper smelter, more than two years after the plant was shut over pollution concerns. More news on: Vedanta Limited, Commodities news, Read more ...

Vedanta ( VEDL , OTCPK:VDNRF ) is seeking to increase the size of a planned loan to fund the delisting of its India unit by as much as $500M, Bloomberg reports. More news on: Vedanta Limited, Vedanta Resources plc., Commodities news, Read more ...

The impact of the coronavirus pandemic has been felt in the zinc space since Q1, with prices plummeting to their lowest level in four years. And despite a steady rebound in the second quarter, a sharp increase might not be in the cards in 2020. Speaking about the zinc market, Karen Norton of...