Vedanta share price: Nuvama sees over 35% upside in THIS Anil Agarwal-owned metal stock
Vedanta share price fell as much as 2.21 per cent to ₹435.05 apiece in Monday’s trading session after the analysts expressed “concerns” following reports that the group had emerged as the leading bidder for the bankrupt Jaiprakash Associates Ltd (JAL).
Vedanta shares have remained largely in the red in the last one year. The mining giant’s stock has declined less than a per cent in six months and 5.38 per cent in one year.
Vedanta – JAL details
Anil Agarwal-owned Vedanta, in its successful bid for the debt-ridden Jaiprakash Associates Ltd (JAIL), has proposed an upfront payment of ₹4,000 crore upon NCLT approval, with the remaining amount to be paid over the next 5–6 years, according to a PTI report.
Vedanta outbid the Adani Group…
