![Vedanta shares rise 2%; here’s why](https://images.assettype.com/fortuneindia%2F2023-05%2Fba54d9de-8405-4b95-8496-9a3c0b50d27d%2FVedanta.jpg?w=300&q=95)
Vedanta shares rise 2%; here’s why
For the first time, Hindustan Zinc has paid a royalty of 1.7% of the annual revenue to Vedanta, which will be used by parent, Vedanta Resources, to pare some of its debt.
For the first time, Hindustan Zinc has paid a royalty of 1.7% of the annual revenue to Vedanta, which will be used by parent, Vedanta Resources, to pare some of its debt.