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NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment follows Sebi’s in-principle approval and clears a key hurdle as the exchange moves closer to its planned Rs 30,000-crore IPO.

Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a short period. However, analysts maintain a positive outlook on the company’s future. Structural demand for aluminium is expected to remain strong globally. The company’s cost reduction initiatives are poised for future growth.

Vedanta’s net profit surged seventy-two percent year-on-year for the first quarter. Revenue from operations also increased fifty-four percent during the same period. The company’s EBITDA soared ninety-eight percent to its highest level ever. EBITDA margin improved significantly, excluding the copper business segment. These strong financial results reflect a robust performance for Vedanta.