Vedanta shares surged 2.47% to hit a new 52-week high of Rs 616.00 on the BSE, driven by strong investor interest in metal stocks and the company's recent success in securing the Depo Graphite-Vanadium mining block. The rally coincided with a broader sectoral strength in metals and a significant uptick in silver prices globally.

Stock Performance and Market Rally

The metal and mining major's strong performance was supported by a remarkable rally in its subsidiary, Hindustan Zinc Ltd, whose shares touched a fresh all-time high of Rs 646.80 during intraday trade. Hindustan Zinc has demonstrated exceptional momentum, rising consistently over the past 19 sessions amid a sharp global surge in silver prices.

Critical Minerals Block Acquisition

Vedanta has been officially declared the successful bidder for the Depo Graphite-Vanadium block under Critical Mineral Auctions Tranche IV. The company announced that it received confirmation from the Ministry of Mines, Government of India, after fulfilling all required statutory compliances as per the letter dated December 23, 2025.

Silver Price Impact on Performance

The sustained rally in Vedanta and its subsidiary has been closely linked to the unprecedented surge in silver prices. Internationally, silver breached the USD 82.00 per ounce mark for the first time, while domestic silver futures crossed Rs 2.50 lakh per kilogram. This strong price action in precious metals has been particularly beneficial for companies with exposure to base and precious metals operations.

Strategic Portfolio Expansion

The acquisition of the Depo Graphite-Vanadium block represents a strategic expansion into critical minerals that are increasingly important for various industrial applications. Graphite serves as a crucial component in battery manufacturing and steel production, while vanadium is essential for steel alloys and energy storage systems. Vedanta noted that this win would further strengthen the company's critical minerals portfolio, positioning it well in the evolving commodities landscape.

Vedanta has successfully secured the bid for the Depo graphite-vanadium mining block, marking a significant milestone in the company's mineral resource expansion strategy. The mining conglomerate achieved this acquisition after fulfilling all necessary legal requirements and regulatory conditions.

Strategic Mineral Acquisition

The Depo graphite-vanadium block represents a valuable addition to Vedanta's diverse mining portfolio. This acquisition provides the company access to two critical minerals that serve essential roles in modern industrial applications.

Regulatory Compliance Achievement

Vedanta's successful bid completion demonstrates the company's commitment to meeting stringent regulatory standards. The mining giant navigated through all required legal procedures and compliance measures to secure the mining rights for this strategic block.

Portfolio Diversification Impact

This acquisition aligns with Vedanta's broader strategy of expanding its presence in critical mineral segments. The addition of graphite and vanadium resources enhances the company's position in materials that are increasingly important for industrial and technological applications.

The successful bid for the Depo graphite-vanadium block reinforces Vedanta's capabilities in securing valuable mineral assets through proper regulatory channels, positioning the company for potential growth in the critical materials sector.