Vedanta shares explode with 78% surge after ICRA upgrade

Vedanta shares explode with 78% surge after ICRA upgrade

Vedanta Limited’s shares have captured significant attention in the stock market after ICRA, one of India’s leading credit rating agencies, upgraded its long-term credit rating from AA- to AA. The upgrade reflects an anticipated improvement in Vedanta’s credit profile and financial stability, fueled by aggressive fundraising and strategic deleveraging efforts. Following the upgrade, Vedanta shares […]

Tata Power surges with 31% PAT growth and record revenue in in Q1FY25—Here’s why it matters

Tata Power surges with 31% PAT growth and record revenue in in Q1FY25—Here’s why it matters

Tata Power, a major player in India’s power sector, has reported an extraordinary performance for the first quarter of FY25. The company’s Profit After Tax (PAT) surged to ₹1,189 crore, reflecting a remarkable 31% increase from the previous year. This achievement not only sets a new record for Tata Power but also marks the 19th […]