April 8, 2024
admin
(20 second reading) The world’s largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority & other domestic funds have increased their holdings in Vedanta by almost 2 per cent during the last 4 months.
FIIs increased their stake in the company by 1.2 %. The recent rally in Vedanta share price on the back of demerger plans, deleveraging and soaring metal prices has led to a bullish call by domestic and international funds. The Vedanta stock has surged almost 30 per cent, adding about USD 3 billion to its market capitalization since December
