2021-05-09 13:35:25
-Few reason to keep this stock in portfolio for long term-
-VEDANTA is in many biz like :-
(Zinc)
Vedanta Limited is India’s largest and world’s second largest zinc-lead miner.
*Hindustan Zinc*
(Oil and Gas)
Vedanta Limited's Oil & Gas operations comprise the assets of "Cairn" contributing over 26% of India's annual production, as India's largest private sector crude oil producer.*
"Cairn India"
(Aluminum)
Vedanta is the largest aluminium producer in India with a capacity of 2.3 mtpa and a 40% market share in India’s aluminium industry. We have strategically located large scale assets with integrated power from captive power plants in Indian states of Chhattisgarh and Odisha.
*BALCO*
(Power)
Vedanta is one of India’s largest private sector power generators. The availability of power in India is increasing, but demand outstrips supply leading to a substantial power shortage. Around 280 million people in India do not have electricity connections and the Government aims to supply power to all homes by 2019.
*Talwandi Sabo Power Ltd*
*TSPL* had signed a power purchase agreement with the Punjab State Power Corporation Limited (PSPCL) for the establishment of 1,980 MW (three Units of 660 MW each) thermal coal-based power plant.
(Iron Ore)
Vedanta is a major supplier to the domestic market with the Goa iron ore mine also serving the Chinese and Japanese export markets.
"Sesa Goa"
(Steel)
Vedanta forayed into the steel business through acquisition of 90% stake in "ESL Steel Limited (ESL)".in June 2018.
(Copper)
We operate one of the largest custom copper smelters in India, and are also among the largest copper rod producers in the country. Our copper operations comprise among the most efficient custom copper smelters globally, with the lowest operating cost.
we achieved a record 403,000 tonnes of copper cathode production through in-house technological upgrades and debottlenecking. *FY18*
(Sterlite Copper)
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