"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Agarwal said and the investments will be focused on technology, electronics, and glass businesses apart from the other activities that the group is engaged in.
Short Call: Aluminium shines, Vedanta on a roll, Dalmia on bears' radar, ICICI Bank, HCL Tech, Restaurant Brands in focus moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Vedanta stock rose 2% to a 52 week high of Rs 396.95 on BSE in early deals. Later, the stock turned flat and was trading at Rs 388.85 against the previous close of Rs 388.90 on BSE.
Vedanta shares climbed 5.63 per cent to hit high of Rs 357.25. At this price, CLSA's target price still suggests a 9.16 per cent potential upside ahead.