Business
Two Vedanta Company Stocks Jump Up To 14 Percent Following Strong Q2 Earnings
Reported by Harshdeep Singh (Fact-Checker) · Economic Times - Markets ·
Reported by one source so far
Shares of Vedanta Power and Vedanta Oil and Gas jumped by up to 14 percent after both companies shared their Q2 FY27 financial results. Vedanta Power came back to making a profit compared to the same time last year. Vedanta Oil and Gas also reported higher revenue and EBITDA earnings for the second quarter.
Market Status
Both stocks bounced back strongly after posting these turnaround results in the quarterly earnings report. Even with this recent jump, the shares are still trading below their original listing prices.
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