Shares of Anil Agarwal-led Vedanta Ltd jumped 5 per cent to Rs 239 on the BSE in the intra-day deals on Monday amid report that Tamil Nadu chief minister K Palaniswami has allowed the company to operate its Tuticorin plant to produce oxygen amid sharp surge in Covid-19 cases in the country.
According to a PTI report, an All-party meeting by Tamil Nadu CM K Palaniswami, convened earlier today, allowed Vedanta's Sterlite Industries in Tuticorin to produce oxygen for four months.
The order, however, added that Vedanta cannot involve the plant in copper production or any other activities, the report