₹208.35
Overview of Vedanta Ltd
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.
Source: S&P Global Market Intelligence
0.17%
Downside
Day's Volatility:2.47%
Upside
2.30%
0.17%
Downside
52 Weeks Volatility:63.71%
Upside
63.55%
Returns % | |
1 Month Return | -5.96 % |
3 Month Return | -19.99 % |
1 Year Return | -12.77 % |
Market Stats | |
Previous Close | ₹209.00 |
Open | ₹209.00 |
Volume | 1.74Cr |
Market Cap | ₹77,689.41Cr |
Organisation | Vedanta Ltd |
Headquarters | |
Industry | Mining & Mineral products |
E-voting on shares | Click here to vote |
Fundamentals of Vedanta Ltd
Revenue is up for the last 2 quarters, 35.72K Cr → 38.63K Cr (in ₹), with an average increase of 7.5% per quarter
Retail Investor have increased holdings from 13.62% to 14.28% in Jun 2023 quarter
Promoters holdings remained unchanged at 68.11% of holdings in Jun 2023 quarter
In the last 1 year, Gravita India Ltd has given 169.0% return, outperforming this stock by 181.8%
In the last 3 years, Gravita India Ltd has given 1495.8% return, outperforming this stock by 1434.7%
Foreign Institutions have decreased holdings from 7.89% to 7.48% in Jun 2023 quarter
Mutual Funds have decreased holdings from 0.45% to 0.25% in Jun 2023 quarter
In the last 3 months, VEDL stock has moved down by -20.0%
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 in the last 5 years
Lowest (-11.59x)
March 30, 2021
Industry (7.87x)
September 26, 2023
Today (9.45x)
September 26, 2023
Highest (14.48x)
January 25, 2018
Funds | Holdings |
![]() | 0.46% |
![]() | 0.57% |
![]() | 2.25% |
![]() | 0.25% |
![]() | 2.24% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 68.11% | 0.00 | |
Foreign Institutions | 7.48% | ||
Mutual Funds | 0.25% | ||
Retail Investors | 14.28% | 4.85 | |
Others | 9.88% |
Technicals of Vedanta Ltd share
News & Events of Vedanta Ltd
Vedanta is awaiting Government approval for incentives to build what kind of a manufacturing plant in Gujarat?
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
Which of the following firms canceled its Joint Venture to build semiconductors with Vedanta?
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
Vedanta paid off $1 billion in debt in April 2023. What is the total gross debt of Vedanta at the end of April 2023?
Vedanta's gross debt stands at $6.8 billion at the end of April 2023.
49.36% of INDmoney users answered correctly
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?
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
Why did Vedanta share price crash 18% in last 1-month?
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
Vedanta Ltd(VEDL | Price |
---|---|
52 Week High | ₹340.75 |
52 Week Low | ₹208 |
Vedanta Ltd(VEDL | Returns |
---|---|
1 Day Returns | -0.65% |
1 Month Returns | -5.96% |
3 Month Returns | -19.99% |
1 Year Returns | -12.77% |