Symbol: COPPER| Contract: Apr, 2020| Category: Metal
Color code for performance of Peers
Shukla started his career at Central Coalfields, where he worked for more than 21 years. Shukla also worked as Executive Director in NMDC. On deputation from NMDC, he had served as managing director at Jharkhand State Mineral Development Corporation.
Vedanta shares traded lower by 2.5 per centtracking the fall in copper prices, while Hindalco was down 2.1 per cent.
The company has seen a muted year in terms of commodity prices, with the benchmark three-month copper on the London Metal Exchange rising only 0.2 per cent, and zinc falling 1.8 per centthis year.
The state government appealed against the environment court's order in December to set aside Tamil Nadu's order to close the copper smelter permanently.
Revenue from operations for the company, which also manufactures copper products and fertilisers, rose about 5 per cent to Rs 10,833 crore.
Vedanta must be immediately delisted from the London Stock Exchange to remove its cloak of respectability, demanded John McDonnell MP, Labour's Shadow Chancellor,
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