{
  "id": 17761733,
  "title": "Vedanta Oil and Gas shares jump 14% in 2 days, m-cap swells by Rs 1,600 crore after Q2 results",
  "url": "https://urgent.news/2026/11/02/vedanta-oil-and-gas-shares-jump-14-in-2-days-m-cap-swells-by-rs-1-600",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T06:30:46.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/vedanta-oil-and-gas-shares-jump-14-in-2-days-m-cap-swells-by-rs-1600-crore-after-q2-results/articleshow/135448408.cms"
  },
  "original_language": "en",
  "account": "Vedanta Oil and Gas stocks surged by 14% over two days, boosting the company's market capitalization by Rs 1,600 crore following its Q2 results. The sharp increase followed the firm's strong financial performance, with a consolidated net profit of Rs 746 crore for the second quarter of FY27, a significant improvement from the Rs 91 crore net loss reported a year earlier. The company's Q2 revenue from operations grew over 6% year-over-year to Rs 2,488 crore, while EBITDA climbed 34% YoY to Rs 1,393 crore, driven by higher price realizations and cost optimization efforts. Vedanta Oil and Gas, a recently spun-off company including Vedanta Aluminium Metal, Vedanta Iron and Steel, and Vedanta Power, saw its shares rise to Rs 31.90 apiece on Monday, up from Rs 26.41 last week.",
  "summary": "Vedanta Oil and Gas shares jumped 6% on Monday after rallying 8.5% in the previous session, adding nearly Rs 1,600 crore to its market capitalisation. The gains followed a strong Q2 performance, with the company reporting a net profit of Rs 746 crore against a loss of Rs 91 crore a year ago, despite a sequential decline.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}