Vedanta Oil and Gas shares jump 14% in 2 days, m-cap swells by Rs 1,600 crore after Q2 results

What happened: Vedanta Oil and Gas shares rose to Rs 31.90 apiece on Monday, extending a two-day rally after the company reported Q2 FY27 results on Thursday. Key numbers: Net profit Rs 746 crore versus a Rs 91 crore net loss a year ago, down from Rs 945 crore in Q1 FY27. Revenue rose over 6% YoY to Rs 2,488 crore from Rs 2,342 crore. EBITDA jumped 34% YoY to Rs 1,393 crore. Why it matters: The company said the EBITDA increase reflected higher price realisations and continued focus on cost optimisation. The stock has rallied 14% over two days following the results.

Vedanta Oil and Gas shares rose to Rs 31.90 apiece on Monday, extending a two-day rally after the company reported Q2 FY27 results on Thursday.

The company said the EBITDA increase reflected higher price realisations and continued focus on cost optimisation. The stock has rallied 14% over two days following the results.