Vedanta Share Price Fall 7 Percent After Company Clarifies On Semi-Conductor Plant; Marathi News
Vedanta said in a regulatory filing on September 15, 2022 that the semiconductor will be manufactured by Volcan Investments Limited, Vedanta’s holding company, and not by Vedanta Limited.
Earning opportunity for investors soon, these 7 companies will pay dividends
Stocks boomed for two days
Vedanta’s share price rose nearly 15 percent in the last two trading sessions when Vedanta signed an agreement with a Taiwanese electronics manufacturing company to set up India’s first semiconductor plant in Gujarat. An investment of around Rs 1.52 lakh crore is expected on this plant. A professional appraisal is done to decide the location of the project. It is a scientific and economic process that takes many years. The company started this process two years ago.
Earning opportunity during market volatility, ‘These’ stocks will be on investors’ radar…
Investors lost more than Rs 10,000 crore
Investors have lost more than Rs 10,000 crore due to the drop in shares of Vedanta. On September 15, 2022, the stock closed at Rs 314.10.
IT shares continue to fall, what are the main reasons, how long will it last?
semiconductor chips market
Semiconductor chips or microchips are used in many digital consumer products, from cars to mobile phones and ATM cards. The Indian semiconductor market was valued at $27.2 billion in 2021 and is expected to grow by around 19 percent to reach $64 billion in 2026. But none of these chips have been manufactured in India till date.
