The Supreme Court on Friday stayed a lower court order to close Sterlite Industries' copper smelter in Tuticorin, television channels said.
Shares in Sterlite, a metal producing unit of London-listed Vedanta Resources, rose nearly 6 per cent to 176.75 rupees, while the main stock index was up 1.6 per cent.
{{^htLoading}} {{/htLoading}}
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Advertisement
{{/htLoading}}{{#usCountry}}