Vedanta
442.75
+3.55(+0.81%)
Market Cap₹1,73,132.40 Cr
PE Ratio12.90
Company Performance:
1D+0.81%
1M-5.66%
6M+7.02%
1Y-1.11%
5Y+293.91%
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More news about Vedanta
09Jul 25
Vedanta Strongly Refutes Viceroy Research Report, Questions Timing and Motives
Vedanta, a major mining and metals company, has strongly refuted a report by Viceroy Research, calling it false and misleading. The company questions the report's timing and suggests it may be an attempt to undermine upcoming corporate initiatives. Vedanta alleges that the report's authors might have financial motives, possibly aiming to create market hype for personal gain. The company's response highlights the potential impact on investor sentiment and market perception, though specific rebuttals to individual claims were not provided.
09Jul 25
Vedanta Grapples with Mounting Debt Pressure as Parent Company Drains Cash Reserves
Vedanta, an Indian mining and metals conglomerate, is experiencing increased financial strain due to escalating debt concerns, as reported by Viceroy. The company's financial stability is under scrutiny as its parent entity, Vedanta Resources Limited (VRL), continues to extract funds from the subsidiary's cash reserves. Vedanta's consolidated balance sheet shows a 6.54% increase in total assets, but an 8.40% rise in non-current liabilities. While total equity grew by 27.77%, current liabilities still significantly outweigh current assets, potentially leading to liquidity issues. The company has not yet responded to the report or allegations regarding cash extractions by VRL.
03Jul 25
Vedanta Achieves Record Alumina Production and Boosts Zinc Output in Q1 FY26
Vedanta has achieved its highest ever alumina production and increased zinc output in the first quarter of fiscal year 2026. The company set a new benchmark in alumina production, showcasing operational efficiency in this crucial raw material for aluminum. Additionally, Vedanta reported growth in zinc output, indicating strong performance in the base metals sector. These achievements signal a robust start to FY26 for Vedanta, potentially impacting financial performance positively, subject to market conditions and metal prices.
03Jul 25
Vedanta Ltd. Sees Significant Block Trades on NSE Totaling Over Rs. 114 Crore
Vedanta Ltd. experienced significant block trades on the National Stock Exchange (NSE). Two major transactions occurred: one for 1,375,269 shares at Rs. 459.50 per share, totaling Rs. 63.19 crore, and another for 1,118,541 shares at Rs. 460.20 per share, amounting to Rs. 51.48 crore. The combined trades involved 2,493,810 shares with a total value of Rs. 114.67 crore. These substantial trades may indicate significant moves by institutional investors or large shareholders, potentially impacting the stock's trading patterns and liquidity.
03Jul 25
Vedanta's Demerger Plan Faces Hurdles, Stock Remains Resilient
Vedanta Ltd's proposed demerger has hit a roadblock at the NCLT due to objections from the petroleum ministry. SEBI is verifying compliance related to the demerger. The NSE has granted a No Objection Certificate for the process. The NCLT hearing is scheduled to resume on August 20. Despite these challenges, Vedanta's stock remains resilient due to potential value unlocking, attractive valuation, and favorable currency dynamics for metal stocks.
30Jun 25
DGTR Launches Mid-Term Review of Anti-Dumping Duty on Chinese Stainless Steel Products
The Directorate General of Trade Remedies (DGTR) has launched a mid-term review to refine the product scope of anti-dumping duty on stainless steel seamless tubes and pipes imported from China. This review aims to clarify which products are subject to the existing anti-dumping measures. The outcome could significantly impact domestic steel manufacturers, importers, and end-users, potentially affecting market dynamics, pricing strategies, and investment decisions in the steel industry.
23Jun 25
Vedanta Ltd: Last Chance to Secure Rs 7 Per Share Final Dividend
Vedanta Ltd has declared a final dividend of Rs 7 per share for FY2025. June 23 is the last day for shareholders to purchase shares to qualify for this dividend, with the record date set for June 24. This final dividend contributes to a total dividend of Rs 39 per share for FY2025, amounting to a total payout of Rs 2,737 crore.
18Jun 25
Vedanta Declares ₹7 Per Share Dividend
Vedanta Limited, a diversified natural resources company, has declared a dividend of ₹7 per share. The announcement lacks specifics on the record date and total payout amount. This dividend is expected to be positively received by shareholders as a direct return on investment. Vedanta operates in sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium.
18Jun 25
Vedanta Declares Rs 7 Per Share Dividend, Sets Record Date Amid Capital Increase Plan
Vedanta Ltd. has announced plans to increase its capital to reduce debt and improve its financial position. The company has approved a first interim dividend of Rs 7 per share and reduced its stake in Hindustan Zinc. Recent financial data shows a slight decrease in total assets, a decline in total equity, and an increase in non-current liabilities. The capital increase is expected to improve Vedanta's debt-to-equity ratio, enhance financial flexibility, boost investor confidence, and allow for greater focus on operational improvements.
17Jun 25
Vedanta to Offload 1.6% Stake in Hindustan Zinc for ₹3,020 Crore
Vedanta Ltd plans to sell 1.6% stake (6.67 crore shares) in Hindustan Zinc Ltd for ₹3,020 crore ($350 million) at ₹452.50 per share. Simultaneously, Hindustan Zinc approved a ₹12,000 crore expansion plan to increase refined metal production capacity by 250 kilo tonnes annually.
13Jun 25
Vedanta Ltd. to Consider First Interim Dividend for FY26 in Upcoming Board Meeting
Vedanta Limited has announced a board meeting on June 18 to discuss and potentially declare the first interim dividend for the financial year 2025-26. The company has set June 24 as the record date for determining eligible shareholders. No information about the possible dividend amount has been provided. This decision comes amid volatile global commodity markets and could offer insights into the company's financial outlook.
10Jun 25
Vedanta Sets Ambitious Goal to Slash Debt by $2 Billion by 2027
Vedanta has announced plans to reduce its debt from $5 billion to $3 billion by 2027, marking a $2 billion reduction. The company has not disclosed specific methods to achieve this goal, but the strategy aims to improve its balance sheet and financial health. This move is expected to enhance Vedanta's financial flexibility and potentially boost investor confidence.
05Jun 25
Vedanta Raises Rs 5,000 Crore Through Oversubscribed NCDs to Reduce High-Cost Debt
Vedanta has successfully raised Rs 5,000 crore through oversubscribed unsecured non-convertible debentures (NCDs) via private placement. Rs 3,400 crore will be used to refinance high-cost debt, potentially saving Rs 350 crore annually in interest costs. The remaining funds will be allocated for capital expenditure and general corporate purposes. The NCDs, attracting diverse institutional investors, have coupon rates ranging from 8.95% to 9.45%.
05Jun 25
Vedanta Calls for Aluminium Industry Protection Amid US Tariffs and Import Surge
Vedanta highlights challenges faced by the Indian aluminium industry, including US tariffs and increasing imports. The company advocates for 'duty guardrails' similar to those in the steel sector to protect domestic producers. Vedanta emphasizes the negative impact of US aluminium tariffs and the surge in imports on the industry's competitiveness and profitability.
04Jun 25
Vedanta Slams Trump's Aluminum Tariffs, Cites Pressure on Indian Industry
Vedanta Limited, a major Indian metals and mining company, has strongly criticized aluminum tariffs imposed by the former U.S. administration. The company argues these tariffs are negatively affecting the Indian aluminum industry, causing increased import pressures on the domestic sector. This criticism reflects broader concerns within the Indian metals industry about global trade policies and their impact on emerging market economies.
03Jun 25
Vedanta Ltd Launches Rs 4,100 Crore Bond Issue for Debt Repayment and Expansion
Vedanta Ltd has announced a Rs 4,100 crore bond issue through unsecured non-convertible debentures (NCDs), with an option to increase to Rs 5,000 crore. The issue has attracted major mutual funds and insurance companies as anchor investors. Funds will be used for debt repayment, capital expenditure, and general corporate purposes. CRISIL has assigned an 'AA' rating with a 'developing' outlook to the NCDs.
30May 25
Vedanta to Raise Rs 5,000 Crore via Non-Convertible Debentures
Vedanta Limited has approved raising up to Rs 5,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The company plans to issue 5 lakh unsecured, rated, listed, redeemable NCDs with a face value of Rs 1 lakh each. These NCDs will be listed on the Bombay Stock Exchange, providing liquidity to investors. The move is expected to enhance Vedanta's liquidity, alter its debt profile, and potentially fund strategic investments or expansion plans.
29May 25
NCLAT Grants Interim Stay on NCLT Order, Offering Temporary Relief to Vedanta
The National Company Law Appellate Tribunal (NCLAT) has issued an interim stay on a National Company Law Tribunal (NCLT) order that had rejected a scheme proposed by Vedanta Limited. This temporary halt allows Vedanta to address issues raised and potentially revise or defend its proposed scheme. The case highlights the complex regulatory environment for large corporations in India, with potential implications for Vedanta's corporate strategy and financial planning. Further legal proceedings are expected, and stakeholders are awaiting more details on the nature of Vedanta's scheme and the grounds for NCLT's initial rejection.
27May 25
Vedanta to Consider Issuance of Non-Convertible Debentures in Upcoming Board Meeting
Vedanta Limited has scheduled a board meeting for May 30 to discuss the issuance of non-convertible debentures (NCDs) through private placement. This move could be part of the company's strategy to raise capital, manage debt, or strengthen its financial position. The decision to opt for private placement may indicate a preference for a quicker and more cost-effective fundraising method.
16May 25
Vedanta Hit with ₹1.46 Billion Penalty for Special Additional Excise Duty
Vedanta Limited, a major Indian mining and metals company, has received a penalty order of ₹1.46 billion (₹146.00 crore) related to Special Additional Excise Duty (SAED). The exact nature of the violation is undisclosed. This penalty comes amid challenges in the mining sector, including increased regulatory scrutiny. The company has not yet commented on its plans to address the penalty, and the impact on Vedanta's financial position and operations remains to be seen.
02May 25
Vedanta Q4 Results: Stable EBITDA Meets Expectations, Analysts Cautious on Outlook
Vedanta Limited reported robust financial results for Q4 and FY25, with consolidated revenue increasing 13.9% YoY to ₹40,455.00 crore in Q4. The company's EBITDA grew 30% YoY to ₹11,618.00 crore, marking its second-highest quarterly EBITDA. For FY25, consolidated revenue rose 6.4% to ₹1,52,968.00 crore, with EBITDA up 37% YoY. Net profit more than tripled to ₹14,988.00 crore. Vedanta also announced plans for a demerger by September 2025 to unlock value. The company's net debt stands at ₹53,300.00 crore. Analysts maintain mixed views, with CLSA rating it 'Outperform' and BofA maintaining a 'Neutral' stance.
30Apr 25
Vedanta Limited Advances Demerger Plan, Reports Strong Q4 and FY25 Results
Vedanta Limited is on track to complete its demerger by September 2025, creating six separate companies. The company reported robust Q4 FY25 results with revenue up 14% to ₹39,789 crore, EBITDA up 30% to ₹11,618 crore, and PAT surging 118% to ₹4,961 crore. For FY25, revenue increased 10% to ₹1,50,725 crore, EBITDA rose 37% to ₹43,541 crore, and PAT grew 172% to ₹20,535 crore. Operational highlights include record aluminium production and Zinc India becoming the world's largest integrated zinc producer. The company's Net Debt to EBITDA ratio improved to 1.2x, and its credit rating was upgraded to AA by CRISIL and ICRA.
30Apr 25
Vedanta Reports Strong Q4 Results as Demerger Plans Progress
Vedanta Limited announced robust financial results for Q4 and FY25, with significant year-on-year growth in revenue, EBITDA, and profit after tax. The company's demerger process is expected to complete by September 2025, with shareholder and creditor approvals in place. Q4 FY25 saw a 14% increase in revenue to ₹39,789.00 crore and a 118% surge in PAT to ₹4,961.00 crore. For FY25, Vedanta achieved record revenue of ₹1,50,725.00 crore, up 10% year-on-year, with PAT jumping 172% to ₹20,535.00 crore. Operational highlights include record production in Aluminum and Zinc India. The company's financial position improved with reduced net debt and a better net debt to EBITDA ratio of 1.2x.
30Apr 25
Vedanta Reports Record Revenue and Second-Best EBITDA in FY25
Vedanta Limited announced its financial results for FY25, achieving its highest-ever consolidated revenue of ₹150,725.00 crore, a 10% year-on-year increase. The company's EBITDA grew by 37% to ₹43,541.00 crore, with an expanded margin of 34%. Profit after tax surged by 172% to ₹20,535.00 crore. Q4 FY25 saw revenue increase by 14% to ₹39,789.00 crore, EBITDA by 30% to ₹11,618.00 crore, and PAT by 118% to ₹4,961.00 crore. Operational highlights include record annual production in Aluminum and Zinc India segments. The company's financial position improved with a reduced net debt to EBITDA ratio of 1.2x.
30Apr 25
Vedanta Reports Strong Q4 Financial Results, Surpassing Expectations
Vedanta Ltd announced impressive Q4 FY2024 results with revenue reaching ₹39,800.00 crore, up 14.04% year-over-year. Consolidated net profit more than doubled to ₹3,480.00 crore. EBITDA rose to ₹11,500.00 crore with margin expansion to 28.89%. The company significantly exceeded analyst expectations across key financial metrics, showcasing strong performance in the natural resources sector.
23Apr 25
Vedanta Resources Eyes US IPO for Zambian Copper Assets
Vedanta Resources, parent of India-listed Vedanta Limited, is considering listing its Zambian copper assets, Konkola Copper Mines (KCM), on the US stock market. The company has hired banks to advise on the potential IPO. This move could provide access to more capital, increase global visibility, potentially boost valuation, and allow for focused management of the Zambian copper business. The decision comes amid growing demand for copper in renewable energy and electric vehicle sectors.
22Apr 25
Vedanta Ltd Unveils Major Restructuring Plan Amid Promoter Group's New Facility Agreement
Vedanta Ltd plans to split into five separate listed entities: Aluminum, Oil & Gas, Power, Iron & Steel, and Core Operations. This restructuring aims to reduce debt, enhance transparency, and focus on critical minerals. Simultaneously, the company's promoter group secured a $530 million facility agreement with a consortium of lenders. The agreement imposes certain restrictions on Vedanta Ltd's activities, including limitations on asset sales, investments, and corporate actions.
21Apr 25
Vedanta's Promoter Group Secures $530 Million Facility Agreement
Vedanta Limited's promoter group entities, including Vedanta Resources, Twin Star Holdings, and Welter Trading, have secured a $530 million facility agreement with global financial institutions. The facility aims to service existing debts, cover transaction expenses, and support corporate purposes. Twin Star Holdings, holding a 40.02% stake in Vedanta Limited, is a key beneficiary. Vedanta Limited is not a party to this agreement. Encumbrances have been placed on Vedanta Limited shares held by the promoter entities, with restrictions on further encumbrances and requirements to maintain control over the company.
11Apr 25
Vedanta Faces ₹71.17 Crore Environmental Compensation Demand Amid Fly Ash Disposal Allegations
Vedanta Limited has been directed by the Odisha State Pollution Control Board to deposit ₹71.17 crore as environmental compensation for alleged unauthorized disposal of fly ash. The company received the order on April 10, 2025, citing violations of the Fly Ash Notification. Vedanta contests the allegations, stating the decision was made without considering their compliances and submissions. The company plans to pursue legal action and believes it has a strong case on merits. Vedanta does not anticipate any material financial impact on its operations from this order.
07Apr 25
Vedanta Shares Plunge 18% in Three Days as Demerger Timeline Extends to 2025
Vedanta Ltd's stock price has fallen 18% over three trading sessions, with a 7% drop on April 7 alone. The sharp decline is attributed to the company's announcement of a delayed demerger timeline, now extended to September 2025. The stock's RSI has reached 26.00, indicating oversold conditions. The extended timeline for the demerger, citing need for regulatory approvals, has created uncertainty among investors and delayed potential benefits of the restructuring.
03Apr 25
Vedanta Reports Robust Q4 Performance: Iron Ore and Zinc Production Surge
Vedanta Limited achieved significant production growth in Q4 across multiple segments. Iron ore production increased 22% year-over-year and 36% quarter-on-quarter. Annual aluminium production rose 2% to 2,421 kilotonnes. Zinc India set records with 1,095 kilotonnes of mined metal and 1,052 kilotonnes of refined metal. Zinc International saw 52% year-on-year growth in Q4. Power sales increased 18% quarter-on-quarter. Copper cathode production grew 41% year-over-year in Q4. Oil & Gas average daily production was 63.10 kboepd, while steel production increased 4% year-over-year in Q4.
28Mar 25
Vedanta Extends Deadline for Scheme of Arrangement to September 2025
Vedanta Limited has extended the timeline for completing its complex scheme of arrangement from March 31, 2025, to September 30, 2025. The extension is due to pending approvals from the NCLT Mumbai Bench and certain government authorities. The scheme involves multiple Vedanta group entities and aims to demerge and reorganize various business units. This decision, approved by Vedanta's Board on March 28, 2025, allows more time to fulfill necessary conditions for the corporate restructuring plan.
27Mar 25
Vedanta Ltd Fulfills ₹2,500 Crore NCD Obligation, Appoints New Aluminium Business CEO
Vedanta Ltd has made a timely payment of ₹2,500 crore NCDs, announced plans to reduce debt by $1 billion this year, and appointed Rajiv Kumar as CEO of its Aluminium Business. The company's stock closed 1.50% higher at ₹471.00. Vedanta aims to continue debt reduction over the next two years and expects Kumar to drive strategy for the Aluminium business, including demerger approach, strategic alliances, and ESG initiatives.
26Mar 25
Vedanta Bolsters Leadership: Tata Steel Veteran Rajiv Kumar Takes Helm of Aluminium Business
Vedanta Ltd. has appointed Rajiv Kumar, a seasoned professional from Tata Steel, as the new CEO of its Aluminium Business for a three-year term. This strategic move aims to strengthen Vedanta's position in the aluminium sector, leveraging Kumar's extensive experience in metals and mining to drive growth and innovation. The appointment comes as global demand for aluminium continues to grow across various industries.
20Mar 25
Vedanta Considers Potential Exit from Steel Business, Says Chairperson
Vedanta's Chairperson has indicated the company's openness to divest its steel assets if offered the desired price, as reported by CNBC TV18. This potential move suggests Vedanta is evaluating its business segments and may restructure operations to optimize its portfolio. The decision could impact the Indian steel industry's competitive landscape. However, no concrete decisions or deals have been announced yet.
12Mar 25
Vedanta Ltd Slashes Debt by $550M, Improves Financial Health
Vedanta Ltd has repaid a $900 million high-cost loan using proceeds from a QIP and a new $350 million facility at 9.6% interest rate. This move has resulted in net deleveraging of $550 million, projected annual interest savings of $90 million, and improved net debt-to-EBITDA ratio from 1.9x to 1.4x. The company's balance sheet shows a slight contraction in total assets and equity over the past year, but also a reduction in current liabilities, aligning with its deleveraging efforts.
05Mar 25
Vedanta's Spinoff Plan Hits Roadblock as NCLT Rejects Scheme for Power Unit
Vedanta Limited's restructuring efforts faced a setback as the National Company Law Tribunal (NCLT) rejected the scheme of arrangement presented by its subsidiary, Talwandi Sabo Power Limited (TSPL). The rejection was based on non-disclosure of material information, discrepancies in creditor information, and potential impact on valuation. This decision affects Vedanta's plan to demerge its businesses into six separate entities. TSPL intends to appeal the NCLT order, citing legal grounds.
21Feb 25
Vedanta Expands Mining Portfolio: Secures Preferred Bidder Status for Kauhari Diamond Block
Vedanta Limited has been declared the 'preferred bidder' for the Kauhari Diamond Block, covering 643.4169 hectares. The block is at the G4 level of exploration, indicating early-stage prospecting. This move marks Vedanta's potential entry into diamond mining, diversifying its natural resources portfolio. The company also disclosed the full redemption of USD 1 billion in senior bonds and released associated encumbrances. Vedanta's promoter group maintains a 56.38% stake in the company.
20Feb 25
Vedanta Explores Nuclear Energy Option, Seeks EOI for 5000MW Power Plant
Vedanta Limited is seeking Expressions of Interest for a 5000MW captive nuclear power plant, indicating a potential shift towards nuclear energy for its operations. The company has also approved the issuance of non-convertible debentures worth ₹2,600 crore. Additionally, Vedanta has received strong shareholder and creditor approval for a proposed scheme of arrangement involving several subsidiaries.
Vedanta
442.75
+3.55
(+0.81%)
1 Year Returns:-1.11%
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