Vedanta plans $5 billion capex for oil and gas expansion
after close1 source ↓written by the desknot a recommendation
- investment
- $5 billion
- from the previous
- 1.04%
Vedanta Chairman Anil Agarwal announced a $5 billion investment in the oil and gas sector as part of an ambitious growth strategy post-demerger. The company aims to expand capacity across multiple sectors including aluminium, zinc, and power. Shares of Vedanta Limited are under scrutiny, trading at ₹257.85, down 1.04% from the previous close.
Not investment advice. For informational purposes only.