Vedanta zooms 9.2%; plans to enter into solar segment

The company is planning to enter the solar segment in India by bidding for some 500 MW of government projects, as per media reports

Shares of Vedanta were trading higher by 9.2% at Rs. 101.45 on BSE today. The company is planning to enter the solar segment in India by bidding for some 500 MW of government projects, as per media reports.

The scrip opened at Rs. 94.65 and has touched a high and low of Rs. 101.6 and Rs. 94.65 respectively. So far 19331468(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 27527.19 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 263.55 on 05-Nov-2014 and a 52 week low of Rs. 76.7 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 93.55 and Rs. 82.8 respectively.

The promoters holding in the company stood at 59.52 % while Institutions and Non-Institutions held 23.07 % and 9.89 % respectively.

The stock is currently trading above its 200 DMA.