InvestorQ : How will the Vedanta stock react to the court striking down reopening the Tuticorin plant?
Riya Dwivedi made post

How will the Vedanta stock react to the court striking down reopening the Tuticorin plant?

Answer
user profile image
1 month ago


The Madras High Court refused to allow Vedanta to reopen its copper smelter in Tuticorin over pollution concerns. The smelter has remained shut since May 2018. Vedanta counsel Aryama Sundaram warned that India will be forced to import copper.

Vedanta shares fell sharply on Tuesday before partially paring losses.