Vedanta share price: Is this a stock to buy amid Donald Trump’s tariffs flair?
Stock to buy: Vedanta share price witnessed strong selling pressure on Friday despite reporting a promising Q4FY25 production. Following the Indian stock market crash on Friday after Donald Trump’s tariffs shock, Vedanta’s share price closed at ₹402.50 apiece, recording an 8.50% dip against Thursday’s close of ₹439.50 apiece on the NSE.
On Thursday, after the market close, Vedanta reported achieving historic highs in aluminium and zinc production while witnessing robust growth in iron ore, steel, oil and gas, and power sales. Annual aluminium production reached 2,421 kt, reflecting a 2 per cent year-on-year increase, with fourth-quarter output rising 1 per cent. Alumina production also saw a 9 per cent annual growth, supported by…