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Vedanta is currently trading at Rs. 278.20, up by 2.95 points or 1.07% from its previous closing of Rs. 275.25 on the BSE.

The scrip opened at Rs. 275.80 and has touched a high and low of Rs. 279.05 and Rs. 275.60 respectively. So far 134701 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 419.55 on 29-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. 284.00 and Rs. 273.70 respectively. The current market cap of the company is Rs. 103208.03 crore.

The promoters holding in the company stood at 68.11%, while Institutions and Non-Institutions held 18.16% and 13.73% respectively.

Vedanta’s parent company -- Vedanta Resources has paid all its maturing loans and bonds that were due in April to reduce its gross debt by a further $1 billion. Vedanta has now reduced debt by a total of $3 billion since it announced in February 2022 its intention to accelerate deleveraging. It had announced plans to reduce debt by $4 billion within 3 years. The company has thereby achieved 75 per cent of its committed reduction in just 14 months.

The firm's gross debt now stands at $6.8 billion, down from $7.8 billion at the end of March 2023 and from $9.7 billion at the end of March 2022.

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.