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The Economic Times

Debaroti Adhikary

Vedanta Oil and Gas shares rally 8%. What’s boosting investor sentiment today?

Vedanta Vedanta Oil and Gas Oil The Delhi High Court Economic Times NSE Vedanta Aluminium Vedanta Oil Gas Vedanta Power

Shares of Vedanta Oil and Gas rallied more than 8% on Thursday after the Delhi High Court rejected the government’s objections to foreign arbitral awards worth $99 million to Vedanta and Ravva Oil.

Vedanta Oil and Gas shares rose to an intraday high of Rs 39.60 on the NSE on Thursday, outperforming its three Vedanta siblings that debuted on the exchanges following the group's mega demerger on June 15. While Vedanta Iron and Steel and Vedanta Aluminium fell up to 5%, Vedanta Power advanced 2%.

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