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Vedanta to sell 1.59% stake in Hindustan Zinc via OFS

Vedanta will sell up to 1.59% stake in Hindustan Zinc via an OFS, cashing in on the subsidiary’s sharp rally. HZL shares have jumped 66% in six months amid soaring metal and silver prices, pushing its valuation to Rs 3.2 lakh crore and prompting Vedanta to monetise part of its holding.

Source :- Markets-Economic Times Read More

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