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Vedanta Ltd Share Price (VEDL)

₹208.350.31%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Vedanta Ltd

Key events for Vedanta Ltd

  • Vedanta Plans Demerger and Spin-Off of Businesses - 28 Sep, 2023

    Vedanta Ltd. plans to demerge its businesses into multiple listed entities to alleviate the group's debt burden and unlock better valuations. The company will carve out separate companies for its metals, power, aluminium, and oil and gas businesses.

  • Moody's Downgrade Hits Vedanta Shares - 27 Sep, 2023

    Vedanta shares plunge to a 52-week low as Moody's Investors Service downgrades the corporate family rating (CFR) of its parent company Vedanta Resources Ltd from Caa1 to Caa2, citing concerns over growing debt and risks of debt restructuring.

  • Vedanta Ltd Faces Downgrade in Corporate Family Rating - 26 Sep, 2023

    Moody's has downgraded the corporate family rating of Vedanta Resources Ltd., the parent company of India-listed Vedanta Ltd. over elevated risks of debt restructuring.

  • Vedanta Resources faces resistance from bondholders over restructuring plan - 25 Sep, 2023

    Investors in Hong Kong and Singapore have expressed discomfort with Vedanta Resources' proposed bond restructuring plan, which requires approval from at least two-thirds of bondholders. The plan suggests a 50% upfront payment for the $1bn January 2024 bond, along with payments for other bonds, with remaining amounts to be restructured.

  • Vedanta Ltd's Intrinsic Value Suggests 41% Undervaluation - 24 Sep, 2023

    According to a recent article, Vedanta Ltd's projected fair value is ₹382 based on the Discounted Cash Flow model. The current share price of ₹225 suggests that the stock is potentially undervalued by 41%.

  • Vedanta Plans to Raise Funds Through NCDs - 22 Sep, 2023

    Mining company Vedanta Ltd plans to raise up to Rs 2,500 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The company's board and committee of directors have approved the fundraising plan.

  • Vedanta Resources in Talks for Short-Term Loan, Shares Fall to 52-Week Low - 21 Sep, 2023

    Vedanta Resources is discussing a $1 billion short-term loan to address its upcoming debt maturities while simultaneously modifying repayment timelines with bondholders. The company's shares fell to a 52-week low ahead of a board meeting to consider the issuance of non-convertible debentures.

  • Vedanta Stock Has 20% Upside Potential - 19 Sep, 2023

    According to Trendlyne, Vedanta Ltd's average target price is Rs. 283, indicating a potential upside of 20%. The stock may need to double from current levels to revisit its April 2010 high.

  • Vedanta Board Meeting to Consider Issuing NCDs - 18 Sep, 2023

    Vedanta Ltd will hold a board meeting on September 21 to discuss the proposal of issuing non-convertible debentures (NCDs) on a private placement basis, as part of its routine refinancing process. The proceeds may be used towards repayment of bonds.

  • Vedanta Plans to Issue NCDs, Reports Growth in Profit - 17 Sep, 2023

    Mining company Vedanta Ltd announces plan to issue NCDs and reports 6% sequential growth in profit for June quarter with an interim dividend of Rs 18.5 per share.

  • Vedanta Appoints New CEO, Faces Potential Downgrade by S&P - 15 Sep, 2023

    Vedanta Resources announces appointment of new CEO for Base Metals and President of International Businesses. S&P warns of possible credit rating downgrade due to change in financial policy.

  • Chris Griffith appointed as CEO for base metals and president of international businesses at Vedanta Resources - 14 Sep, 2023

    Vedanta Resources has announced the appointment of Chris Griffith as its Chief Executive Officer for base metals and president of international businesses.

  • Mixed News Affects Vedanta Stock - 13 Sep, 2023

    Vedanta Ltd's stock was affected by news of Anil Agarwal's plan to transfer Konkola Copper Mines, MF increasing its holding, and concerns over parent company's debt repayment. However, GE Power India received a purchase order worth Rs 25 crore from Vedanta.

  • GE Power India receives INR 25 crore order from Vedanta Ltd - 12 Sep, 2023

    Vedanta Limited has placed a purchase order worth INR 25 crores plus GST 18% for NOX Reduction at Lanjigarh CGPP unit 3 x 30 MW with GE Power India Limited.

  • Vedanta Among Weak Stock Futures - 11 Sep, 2023

    Stock futures for Vedanta Ltd are looking weak, according to recent reports.

  • Vedanta Faces Repayment of $2 Billion Notes Next Year - 08 Sep, 2023

    Vedanta Ltd's parent company, Vedanta Resources, is planning to meet bondholders in Singapore and Hong Kong while considering an option to redeem a small portion of bonds ahead of schedule.

  • Vedanta Faces Repayment of $2 Billion Notes Next Year; Power Mech Wins Order Worth ₹396.01 Crores. - 07 Sep, 2023

    Vedanta Ltd's shares decline by nearly 22%. Vedanta Resources is planning to meet bondholders in Singapore and Hong Kong as it faces repayment of about $2 billion of notes next year. Power Mech Projects has won an order worth ₹396.01 crores from Vedanta Limited.

  • Vedanta Regains Control of Konkola Copper Mines - 06 Sep, 2023

    The Zambian government has returned ownership of Konkola Copper Mines to Vedanta Resources, allowing the company to resume copper operations in Zambia. Vedanta is also discussing a loan with Standard Chartered Bank, while its acquisition of KCM marks a significant milestone for the global mining industry.

  • Vedanta Stock Falls While Others Rise - 05 Sep, 2023

    Vedanta Ltd's stock has fallen by 15.8% this month, while JSW Steel and Hindustan Zinc have seen moderate gains.

  • Vedanta Ltd among stocks with weak futures - 04 Sep, 2023

    Stock futures for Vedanta Ltd are looking weak along with ABB, Escorts, Kotak Bank, GMR Infra, HUL, and BPCL.

Analyst Rating for Vedanta Ltd stock

based on 14 analysts

HOLD
28.57%
Buy
28.57%
Hold
42.86%
Sell

Based on 14 analysts offering long term price targets for Vedanta Ltd. An average target of ₹307.86

Source: S&P Global Market Intelligence

Vedanta Ltd share Performance

  • ₹208
    ₹213.15
    ₹208.35
    downward going graph

    0.17%

    Downside

    Day's Volatility:2.47%

    Upside

    2.30%

    downward going graph
  • ₹208
    ₹340.75
    ₹208.35
    downward going graph

    0.17%

    Downside

    52 Weeks Volatility:63.71%

    Upside

    63.55%

    downward going graph
1 Month Return-5.96 %
3 Month Return-19.99 %
1 Year Return-12.77 %
Previous Close₹209.00
Open₹209.00
Volume1.74Cr
Market Cap₹77,689.41Cr

Vedanta Ltd Company Information

Vedanta Ltd. is a global diversified natural resources company founded in 1976 and headquartered in Mumbai, India. It is one of the world's largest producers of aluminum, copper, zinc, lead, and iron ore. The company operates in four core business lines: Metals & Mining, Energy, Copper, and Iron Ore. It produces a wide range of products, including aluminum, copper, zinc, lead, iron ore, and crude oil. Its popular brands include Hindustan Zinc, Bharat Aluminium Company, and Sterlite Copper. Vedanta is one of the world's largest producers of zinc, lead, and iron ore, and has significant operations in India, South Africa, Namibia, and Ireland. It is the largest private sector producer of aluminum in India and has operations in Australia, Zambia, and South Africa.

Share Price: ₹208.35 per share as on 28 Sep, 2023 04:01 PM
Market Capitalisation: ₹77,689.41Cr as of today
Revenue: ₹38,635.00Cr as on March 2023 (Q1 23)
Net Profit: ₹1,881.00Cr as on March 2023 (Q1 23)
Listing date: 09 Nov, 1994
Chairperson Name: Anil Agarwal
OrganisationVedanta Ltd
Headquarters
IndustryMining & Mineral products
E-voting on sharesClick here to vote

Fundamentals of Vedanta Ltd

Insights on Vedanta Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich
    img

    Revenue is up for the last 2 quarters, 35.72K Cr → 38.63K Cr (in ₹), with an average increase of 7.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up
    img

    Retail Investor have increased holdings from 13.62% to 14.28% in Jun 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 68.11% of holdings in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Gravita India Ltd has given 169.0% return, outperforming this stock by 181.8%

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Gravita India Ltd has given 1495.8% return, outperforming this stock by 1434.7%

  • imgNEGATIVE IMPACT

    FII Holding Down
    img

    Foreign Institutions have decreased holdings from 7.89% to 7.48% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down
    img

    Mutual Funds have decreased holdings from 0.45% to 0.25% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip
    img

    In the last 3 months, VEDL stock has moved down by -20.0%

  • imgNEGATIVE IMPACT

    Profit Down
    img

    Netprofit is down for the last 2 quarters, 2.46K Cr → 1.88K Cr (in ₹), with an average decrease of 23.7% per quarter

Vedanta Ltd share Valuation

Vedanta Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-11.59x)

March 30, 2021

Industry (7.87x)

September 26, 2023

Today (9.45x)

September 26, 2023

Highest (14.48x)

January 25, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth0.46%
ICICI Prudential Equity Arbitrage Fund Direct Plan GrowthICICI Prudential Equity Arbitrage Fund Direct Plan Growth0.57%
ICICI Prudential Nifty Next 50 Index Fund Direct Plan GrowthICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth2.25%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.25%
UTI Nifty Next 50 Index Fund Direct GrowthUTI Nifty Next 50 Index Fund Direct Growth2.24%

Vedanta Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
68.11%
0.00
Foreign Institutions
7.48%
-5.17
Mutual Funds
0.25%
-45.70
Retail Investors
14.28%
4.85
Others
9.88%
-0.46

Technicals of Vedanta Ltd share

News & Events of Vedanta Ltd

QnA on Vedanta Ltd

  • QuestionAsked on: 19 Jul, 2023

    Vedanta is awaiting Government approval for incentives to build what kind of a manufacturing plant in Gujarat?

    QnA Result : 20 Jul, 2023User Profile Icon1478 people participated in the quiz

    Vedanta is awaiting approval from the Indian Government to build a semiconductor plant in the Dholera Special Investment Region in Ahmedabad district, Gujarat.

    85.52% of INDmoney users answered correctly

    Semiconductor plant
    85.52%blue tick
    Metal scrapping plant
    10.49%
    Paint manufacturing plant
    3.99%
  • QuestionAsked on: 11 Jul, 2023

    Which of the following firms canceled its Joint Venture to build semiconductors with Vedanta?

    QnA Result : 12 Jul, 2023User Profile Icon1366 people participated in the quiz

    Semiconductor maker Foxconn which also produces chips for Apple canceled its JV with Vedanta to make semiconductors in India.

    64.93% of INDmoney users answered correctly

    Broadcom
    21.01%
    Foxconn
    64.93%blue tick
    Taiwan Semiconductor
    14.06%
  • QuestionAsked on: 05 Jun, 2023

    Vedanta paid off $1 billion in debt in April 2023. What is the total gross debt of Vedanta at the end of April 2023?

    QnA Result : 06 Jun, 2023User Profile Icon1552 people participated in the quiz

    Vedanta's gross debt stands at $6.8 billion at the end of April 2023.

    49.36% of INDmoney users answered correctly

    0 Debt
    13.34%
    $6.8 billion
    49.36%blue tick
    $10.8 billion
    37.31%
  • QuestionAsked on: 29 Mar, 2023

    Vedanta recently announced a dividend of Rs 20.5 per share. How much dividend has it already paid since the start of the year 2022?

    QnA Result : 30 Mar, 2023User Profile Icon1625 people participated in the quiz

    Vedanta has already paid Rs. 94 per share since the start of the year 2022. The record date for payment of the latest Rs. 20.5 per share dividend is Friday, April 07, 2023.

    59.32% of INDmoney users answered correctly

    Rs. 94 per share
    59.32%blue tick
    Rs. 75 per share
    22.15%
    Rs. 25 per share
    18.52%
  • QuestionAsked on: 01 Mar, 2023

    Why did Vedanta share price crash 18% in last 1-month?

    QnA Result : 02 Mar, 2023User Profile Icon1928 people participated in the quiz

    Vedanta share price in under pressure due to concerns over success of its $2 billion fund raising plans as well as S&P Global Ratings report of strain on credit rating if the fund raising fails.

    89.42% of INDmoney users answered correctly

    Concern over credit rating
    4.98%
    Concern over $2 billion fundraising
    5.60%
    Both of the above
    89.42%blue tick

Frequently Asked Questions

Vedanta Ltd (VEDL) share price today is ₹208.35

  • Today’s highest price of Vedanta Ltd is ₹213.15.
  • Today’s lowest price of Vedanta Ltd is ₹208.

Today’s traded volume of Vedanta Ltd(VEDL) is 1.74Cr.

Today’s market capitalisation of Vedanta Ltd(VEDL) is ₹77689.41Cr.

Vedanta Ltd(VEDLPrice
52 Week High
₹340.75
52 Week Low
₹208

Vedanta Ltd(VEDL) share price is ₹208.35. It is down -38.86% from its 52 Week High price of ₹340.75

Vedanta Ltd(VEDL) share price is ₹208.35. It is up 0.17% from its 52 Week Low price of ₹208

Vedanta Ltd(VEDLReturns
1 Day Returns
-0.65%
1 Month Returns
-5.96%
3 Month Returns
-19.99%
1 Year Returns
-12.77%