Sterlite Copper represents a key aspect of Vedanta Limited's Copper Business. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 1st Floor, 'C'’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (E), Mumbai, Maharashtra - 400 093. Sterlite Industries (India) (Amalgamated) share price live updates on The Economic Times. Share with Us; Our Websites. Sterlite Copper a division of Vedanta Ltd., operates a 400,000 Metric Tonnes Per Annum (MTPA) copper Smelter with associates facilities such as Refinery and copper Rod Plant, Sulphuric Acid plant of more 12,00,000 MTPA and a Phosphoric Acid of 220,000 MTPA at Thoothukudi, Tamilnadu. 20th December 2018. Mining major Vedanta has moved the Supreme Court challenging the Madras High Court’s (HC’s) refusal to order reopening of Sterlite’s copper smelting plant at Thoothukudi in Tamil Nadu.. On August 18, the Madras HC refused to allow reopening of the plant and dismissed all the 10 petitions filed by the company. Press Releases. You also have the option to opt-out of these cookies. We don’t have any Insights for this stock currently . Sterlite Copper is a key part of Vedanta Limited's Copper operations globally. Share on Facebook Tweet Share Share Email ... Protest-Hit Tamil Nadu To Return Land Price May 29, 2018 . Sterlite Copper has woven social responsibility into its business fabric right from its inception in 1996-97. Sterlite Copper also operates a 160 MW coal based power plant in Thoothkudi, Tamilnadu. On Wednesday, the Supreme Court declined to offer Vedanta Sterlite interim relief, refusing the mining giant’s appeal for the immediate reopening of its Thoothukudi copper plant. In addition, we also operate a captive power plant in Thoothukudi, Tamil Nadu, and a refinery and two copper rod plants operating in Silvassa, western India. Check out why Sterlite Industries (India) (Amalgamated) share price is up today. At least 11 people protesting against the expansion plans of the copper-smelting plant were killed, and around 50 injured when the police open fired. SIPCOT Industrial Complex, Madurai Bypass Road, Thoothukudi, Get detailed Sterlite Industries (India) (Amalgamated) stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Vedanta Resources; Vedanta Limited. DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). A three-judge bench led by Justice R F Nariman dismissed the plea after hearing short arguments from Vedanta, which owns Sterlite Industries, as well as the Tamil Nadu government and people living in the area that strongly opposed the suggestion. The state government had in May 2018 sealed the country’s largest copper smelter plant after protests from locals, alleging widespread air … Sterlite Industries (India) Ltd. (Amalgamated) stock last traded price is 90.20. Closure Of Sterlite Plant Unfortunate, Will Study Order, Says Vedanta May 29, … But opting out of some of these cookies may have an effect on your browsing experience. Prices for the metal climbed to an 18-month high in London after Vedanta said the South African mine will stay closed until further notice. Book value is also known as Net Asset Value of a company. The factory’s cooling towers and pipe ducts have collapsed, Pankaj Kumar, chief executive officer of the unit, Sterlite Copper, said in a phone interview. Sterlite Copper also operates a 160 MW coal based power plant in Thoothukudi, Tamil Nadu. This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. Sterlite Copper's Tuticorin plant closure has led to a spike in prices of phosphoric and sulphuric acids, adversely affecting the downstream chemical and fertilisers industry, a top company official said. The Vedanta's Sterlite Copper plant has been closed since April 2018. Vedanta Share Price, Vedanta Stock Price, Vedanta Ltd. Stock/Share prices, Vedanta Ltd. Live BSE/NSE, F&O Quote of Vedanta Ltd. with Historic price charts for NSE / BSE. Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Synopsis: The Tamil Nadu State Pollution Control Board (TNPCB) shut down Vedanta’s Sterlite copper plant in Thoothukudi in 2018, citing violations of environmental laws. 323.60 INR 0.30(0.09%) 40% Share In India's Copper Production. Copyright © document.write(new Date().getFullYear()) Sterlite Copper (A Unit of Vedanta Limited). Vedanta share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Sterlite announces landmark infra projects for Thoothukudi, will spend INR 100 crore on public welfare. We also use third-party cookies that help us analyze and understand how you use this website. 5.3K likes. Smart classroom technology installed in Government Middle School, Metilpatti village, Thoothukudi, Sterlite Copper celebrates Pongal with Thoothukudi, Fishing net material kits distributed to fishermen in Thoothukudi, Sterlite Copper inaugurated Vedanta Children’s Park, Water channel cleaning project in Thoothukudi. The Supreme Court on Wednesday dismissed the interim plea of Vedanta seeking permission to inspect its Sterlite copper unit at Tuticorin in … Tomorrow is different. A Diverse, Passionate Workforce. The aim has always been to go beyond mere ‘Corporate Social Responsibility’ to understand the real needs and genuine concerns of the people and provide the necessary stimulus to not only address these issues but ensure social involvement, acceptability and sustainability. Sterlite has a call option to acquire the government of India's remaining ownership interest. Sterlite Copper Plant in Thoothukudi, Tamil Nadu: The Madras High Court pronounced its much-awaited verdict stating that the Sterlite Copper smelter plant in Thoothukudi will remain shut. Sterlite copper unit at Tuticorin in Tamil Nadu | By special arrangement Text Size: A- A+ Chennai/Mumbai/New Delhi: Vedanta Ltd. will have to keep its plans to resume operations at its copper smelter in India on hold for longer after a local court rejected an appeal to restart the plant. This is the ranking of a company within its sector based on MCap or Market capitalization. On dividing this value with the total number of shares outstanding for the company, we can arrive at book value per share. Our Indian facilities include a custom smelter, a refinery, a phosphoric acid plant, a sulphuric acid plant and a copper rod plant. These cookies will be stored in your browser only with your consent. Necessary cookies are absolutely essential for the website to function properly. Price Analysis Data details are not available. Cairn Oil and Gas; Vedanta Aluminium; Talwandi Sabo Power; Sterlite Copper; Sesa Goa Iron Ore; Hindustan Zinc Limited; BALCO; Zinc International; Electrosteel Steels Limited; Konkola Copper Mines; Reach Us The Tamil Nadu government had closed down the plant after 13 protesters were killed in police firing on May 22, 2018. Vedanta Ltd on Friday named metals industry veteran Pankaj Kumar as Sterlite Copper chief executive, amid struggles to reopen its smelter in … No reported Profit & Loss Statement are available. Sterlite Copper at A Glance Sterlite Copper represents a key aspect of Vedanta Limited’s Copper Business. This is a ratio of market capitalisation of a company’s stock to its annual sales. No reported Cash Flow Statement are available. The court had reserved judgment on January 8 this year. 2:04 . Higher the market capitalization of a company, higher the rank it is assigned. Price to Book represents the ratio of current market price of a stock to its book value per share. Cairn Oil and Gas; Vedanta Aluminium; Talwandi Sabo Power; Sterlite Copper; Sesa Goa Iron Ore; Hindustan Zinc Limited; BALCO; Zinc International; Electrosteel Steels Limited; Konkola Copper Mines; Reach Us This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today. The Vedanta-owned company's unit in Tamil Nadu was closed in May this year following a government order. That is why the share today is down 20%. SC rejects Vedanta's plea to inspect, operate Sterlite's unit in Tuticorin. 1st Floor, 'C'’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (E), Mumbai, Maharashtra - 400 093. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions. The Madras High Court rejected Vedanta's appeal, challenging the state government's move to shut down its Sterlite Copper plant, saying the "closure order stands". The Madras High Court rejected Vedanta's plea and refused to allow the reopening of the Sterlite Copper smelting plant in Tamil Nadu's Thoothukudi in a verdict on Tuesday. This website uses cookies to improve your experience while you navigate through the website. Filing of 2013 Annual Report on Form 20-F, Sterlite Industries (India) Limited - Tuticorin Smelter allowed to Restart. Vedanta owns 64.9% of the share capital in HZL and has management control. It is also the 1 year high and low of the security. We create, nurture and empower the leaders of tomorrow. The company believes that business objectives should include overall development of communities around its surrounding areas. We suggest you to explore other sections for more! These cookies do not store any personal information. Share price of Vedanta Ltd fell over 6.06% to Rs 120.2 against previous close of Rs 127.95 on BSE. Currently, it operates a 400,000 Metric Tonnes Per Annum (MTPA) Copper Smelter with associated facilities such as a Refinery and Copper Rod Plant, a Sulphuric Acid plant of more than 12,00,000 MTPA and a Phosphoric Acid plant of 220,000 MTPA at Thoothukudi, Tamil Nadu. This represents the 52 week high and low price of the security. We adhere to stringent operational practices across all aspects of our business processes. Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited.. Overview. It is mandatory to procure user consent prior to running these cookies on your website. The plant, India's second-biggest copper smelter known as Sterlite Copper, was shut in March 2018 … This website uses cookies to improve your experience. Tamilnadu- 628002. Sterlite Industries (India) Ltd. (Amalgamated) share price moved up by 2.79% from its previous close of Rs 90.00. Best In Class Smelting Facilities. Mirae Asset Emerging Bluechip Fund Direct-Growth. Book value represents the value arrived at by subtracting the total liabilities from the total assets of the company. Sterlite Copper : Sterlite is registered office headquartered in Tuticorin, Tamil Nadu, India. Let's reshape it today, Hunt for the brightest engineers in India. Share with Us; Our Websites. For reprint rights: Sterlite Industries (India) Ltd. (Amalgamated) Share Price, Sterlite Industries (India) Ltd. (Amalgamated), Sterlite Industries (India) Ltd. (Amalgamated) News, Sterlite Industries (India) Ltd. (Amalgamated) Quarterly Results, Sterlite Industries (India) Ltd. (Amalgamated) Dividend, Sterlite Industries (India) Ltd. (Amalgamated) Q1 Results, Sterlite Industries (India) Ltd. (Amalgamated) Q2 Results, Sterlite Industries (India) Ltd. (Amalgamated) Q3 Results, Sterlite Industries (India) Ltd. (Amalgamated) Q4 Results, Sterlite Industries (India) Ltd. (Amalgamated) Bonus, Sterlite Industries (India) Ltd. (Amalgamated) AGM, Sterlite Industries (India) Ltd. (Amalgamated) Shareholdings, Sterlite Industries (India) Ltd. (Amalgamated) Profit Loss, Sterlite Industries (India) Ltd. (Amalgamated) Balancesheet, Bonus Ratio: 1 share(s) for every 1 shares held, Rights ratio: 1 share for every 2 held at a price of Rs 550.0. MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price. Sterlite Copper has steadily grown to become one of the leading contributors to copper production in India, contributing upto 40% of India's demand for refined copper. By using this site, you agree to the Terms of Service and Privacy Policy. DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The promoter of this company tried to cheat the retail investors by trying to delist this share at a very low price but fortunately failed. Promoters have fixed the price range between Rs 150 and Rs 160 per share for the offer. At 9:19 am, Vedanta was up 6.45 per cent at Rs 160.15, while benchmark Sensex climbed 0.61 per cent to 46,725.63 points. Vedanta Limited. Highest Quality Products. We'll assume you're ok with this, but you can opt-out if you wish. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time. India's Leading Copper Producer. Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time). Sterlite Copper (A Unit of Vedanta Limited) SIPCOT Industrial Complex, Madurai Bypass Road, Thoothukudi, Tamilnadu- 628002 +91-461-424 2591 (10 Lines) Registered Office. Sterlite Copper, Tuticorin(Thoothukudi), India. Our manufacturing processes are best-in-class, benchmarked against the leading copper manufacturers globally. With this transaction, promoters stake in the company will likely to increase from 50.14 per cent to 55.04 per cent. In 1992 Maharashtra Industrial Development Corporation (MIDC) allotted plot in Ratnagiri district's Zadgaon village.On December 13, 1993, over 30,000 people of the city marched to the unit and demolished the quarters for the construction workers and some other structures. Share in India a percentage of face value of a company as a percentage of the stock, the it! Report on Form 20-F, sterlite Industries ( India ) ( Amalgamated stock. 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