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Government awards 41 RSCs to Vedanta, stock opens gap-up

Bhagyashree Vivarekar 0 1367 Article rating: 5.0

Vedanta, had proposed entry into the 41 revenue sharing government contracts. Accordingly, the company is bestowed upon 41 exploration blocks in India with a total bid cost of US$ 551 million. The stock of Vedanta opened with a gap-up of nearly Rs. 3 and surged as much as 3.4 per cent in intraday trade.

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