Vedanta shares fell 2.6% as they traded ex-dividend on December 24. The company announced an Rs 8.5 per share interim dividend for FY25, bringing the total payout to Rs 16,798 crore. Vedanta reported a Rs 5,603 crore profit for Q3 FY24 despite a 4% decline in revenue.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20