Vedanta Ltd Shares Rally After Board Approves ₹3,000 Crore Fundraise via NCDs
Vedanta Ltd shares rallied strongly today after the company’s board approved a substantial ₹3,000 crore fundraise through non‑convertible debentures (NCDs). The announcement boosted investor confidence and led to smart buying in the broader stock market as traders reacted to the strategic move. The rally reflects optimism about Vedanta’s financial strategy and its ability to strengthen the company’s balance sheet while pursuing expansion and debt reduction goals.
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