08-04-2022 11:59 AM | Source: Accord Fintech
Vedanta jumps on partnering with Detect Technologies
News By Tags | #845 #572 #5162

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Vedanta is currently trading at Rs. 252.75, up by 3.90 points or 1.57% from its previous closing of Rs. 248.85 on the BSE.

The scrip opened at Rs. 251.00 and has touched a high and low of Rs. 253.65 and Rs. 249.55 respectively. So far 147922 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 440.75 on 11-Apr-2022 and a 52 week low of Rs. 206.10 on 01-Jul-2022.

Last one week high and low of the scrip stood at Rs. 257.95 and Rs. 245.35 respectively. The current market cap of the company is Rs. 94175.24 crore.

The promoters holding in the company stood at 69.69%, while Institutions and Non-Institutions held 20.25% and 10.06% respectively.

Vedanta and Detect Technologies have inked a global agreement for deployment of T-Pulse, internationally deployed AI-based workplace safety software. T-Pulse was piloted across various industries of Vedanta and was finally awarded the mandate to implement its solution across all Vedanta sites. Since its deployment, T-Pulse has significantly increased the visibility of workplace risks, leading to early identification of more than 4000 critical HSE non-compliances.

T-Pulse offers centralized and scalable technology stack designed for plug and play deployment. Engineered for risk minimisation and mitigation through actionable insights, T-Pulse has witnessed proliferated deployment across major caution-intensive workplaces such as construction, petrochemicals, logistics, power, metals, mining, pharmaceuticals, and fabrication yard. Vedanta's endorsement of Detect highlights their commitment towards a safe, sustainable, and efficient workspace.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.