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Two Vedanta Company Stocks Jump Up To 14 Percent Following Strong Q2 Earnings

Reported by Harshdeep Singh (Fact-Checker) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
BusinessTwo Vedanta Company Stocks Jump Up To 14 Percent Following Strong Q2 Earnings
Representative image · Openverse - flickr

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.

Read more at Economic Times - Markets →