CALCULATE YOUR SIP RETURNS

Vedanta Share Price Live

VEDL

Large Cap | Mining & Mineral products

497.50

0.70 (0.14%)

Live Vedanta Share Price Chart

O H L VOL


Days Range

Vedanta Ltd Corporate Actions

Data is not available currently. Please check back later.

About Vedanta

History of Vedanta

Incorporated on June 26, 1965, Vedanta Limited (formerly known as Sesa Sterlite Limited) is a subsidiary of Vedanta Resources Limited. Vedanta is a leading conglomerate worldwide for natural resources and technology operating across India, Liberia, South Africa and Namibia. The company manufactures a diverse range of essential products crucial for global decarbonisation and energy transition with material intensity. There are more than 87,500 direct and indirect employees in the company. The company has iron ore mining projects in India. They also export to other regions like the Middle East and South East Africa. Vedanta established a comprehensive framework to lead in ESG within the natural resources sector. The company is dedicated to achieving carbon neutrality by 2050 or even earlier, with a commitment to invest $5 billion over the next decade to accelerate the shift to net-zero operations. In March 1981, Vedanta Limited launched its IPO with 22,05,000 equity shares. The company has been recognised with several awards, including the Gold and Silver Award for Sesa Goa Iron Ore Karnataka Division, India’s Largest Silver Miner and Refiner by the AIGC Excellence Award Committee, and many more. Most importantly, the company was ranked 6 by S&P Global Corporate Sustainability Assessment 2022.

Vedanta Business Segments

The business range of Vedanta includes:
  • Oil & Gas - The company partnered with Cairn Oil & Gas in 2017 to fuel India's energy requirements. Vedanta and Cairn Oil & Gas have reduced the country’s dependency on imports by producing oil and gas locally. These two companies contribute more than 25% of India’s annual oil and gas production.Their Mangala field in Rajasthan is India's largest onshore oil discovery in over 10 years.
  • Iron Ore - Sesa Goa Iron Ore, part of the Vedanta Group, is involved in the exploration, mining, and processing of iron ore. The company produces 60 MW of clean power using waste heat recovery from its coke ovens and blast furnace gas at their two power plants of 30 MW each. The company’s product range also includes cement and nickel-cobalt.
  • Zinc, Lead, and Silver - The company is involved in zinc, lead and silver through Hindustan Zinc Limited (HZL) and Vedanta Zinc International (VZI).
  • Aluminium - Vedanta Aluminium is a global leader in producing top-quality aluminium products and specialised alloys widely used in various industries.
  • Copper - The copper business of Vedantais done under Sterlite Copper. It is one of the country’s leading contributors to copper production.
  • Power - Vedanta is in the power sector through its subsidiary Talwandi Sabo Power Limited (TSPL), which operates a 1980 MW thermal coal power plant in Punjab with 3 units of 660 MW each. TSPL provides all of its generated power to Punjab State Electricity Board (PSEB) for household electricity. Along with PSEB, the company has power purchase agreements with the state distribution companies of Odisha, Kerala, Tamil Nadu and Chhattisgarh for commercial use.
  • Ferrochrome - The company produces and exports ferro alloys through its subsidiary, Ferro Alloys Corporation Limited (FACOR).
  • Steel - The company manufactures steel through ESL Steel Limited, which was acquired by Vedanta in 2018.
A few of the subsidiary companies under Vedanta Limited include:
  • Hindustan Zinc Limited (HZL) - This is a publicly listed company where Vedanta holds a 64.92% stake. The company is involved in the business of exploring, extracting and processing zinc, lead and silver.
  • Bharat Aluminium Company Limited (BALCO) - This is one of the leading global aluminium producers. They produce ingots, wire rods, ingots and rolled products. Vedanta holds a 51% stake in this company.
  • Vedanta Zinc International - This company is involved in zinc mining and refining located in South Africa, Ireland and Namibia. It is a wholly-owned subsidiary of Vedanta.
  • Talwandi Sabo Power - This is a wholly-owned subsidiary of Vedanta, which is involved in power generation.
  • ESL Steel Limited - Vedanta holds a stake of 95.49% in ESL Steel Limited. The company manufactures and supplies ductile iron pipes, TMT bars, billets, and wire rods in India.
  • Ferro Alloys Corporation Limited (FACOR) - The company is involved in producing and exporting ferroalloys. Vedanta holds a 99.99% stake in this company.

Vedanta Management Team

  • Anil Agarwal, Founder
Anil Agarwal is the Founder and Non-Executive Chairman of Vedanta Limited. He possesses over 40 years of experience in mining and entrepreneurship. He is the director of Anil Agarwal Foundation, Conclave PTC Limited and Sterlite Technologies Limited.
  • Arun Misra, Executive Director
Arun Misra is the Executive Director of Vedanta Ltd. He is also the CEO of Vedanta’s Zinc business, Hindustan Zinc Limited (HZL), the Vice President of the Indian Institute of Mineral Engineers and the Vice Chairman of Confederation of Indian Industry (CII), Rajasthan. Previously, he was managing the growth and operations of Vedanta Zinc International.

Vedanta Corporate Actions

In 2008, Vedanta declared a bonus share of 1:1 ratio and an ex-date of August 8, 2008.

Vedanta SWOT Analysis 

Strengths
  • Vedanta has a customer base all over the world. They hold a strong network.
  • The company has a successful track record in developing new products.
Weakness
  • There were instances where the company’s name was involved in alleged illegal mining activities.
  • Government interference in mining operations may lead to operational inefficiencies.
Opportunities 
  • The company can venture in new market segments.
  • The company can expand the business in new regions through the London headquarters.
Threats
  • Being involved in mining activities, the company needs to follow environmental rules.

Parent Organisation
Vedanta
Managing Director
Anil Agarwal
Founded
1965
NSE Symbol
VEDL

Peer Comparision

Peer Comparision

StocksLTP (₹)Market Cap (cr)52 Week Low-High (₹)

Community Discussion

R
rishit.dedhia13
18th Jun, 2024
Vedanta eyes USD 10 billion EBITDA on strength of growth projects and demerger plans Explore Vedanta’s strategic roadmap to achieve USD 10 billion EBITDA through high-impact growth projects, highlighting the potential long-term benefits for the company’s stock performance. Vedanta’s Strategic Roadmap to USD 10 Billion EBITDA Vedanta, a prominent mining conglomerate, has laid out an ambitious plan to achieve a near-term EBITDA of USD 10 billion. This strategy is underpinned by the timely execution of over 50 high-impact growth projects spanning various sectors, including zinc, aluminium, oil and gas, and power. These projects are at an advanced stage of completion, demonstrating Vedanta’s commitment to enhancing its operational efficiency and market presence. Aluminium Business Expansion Vedanta’s aluminium business is a key pillar of its growth strategy. The company has several projects underway to achieve an integrated supply of 3.1 million tonnes per annum. Currently, the business operates at multi-year low production costs of USD 1,711 per tonne, positioning it in the first quartile of the global cost curve. With a 100% vertically integrated supply chain, Vedanta’s aluminium business is well-poised to capitalise on the strong demand outlook in India, where the domestic market is expected to double every five years. Zinc Business Growth Vedanta’s zinc business is another critical component of its growth strategy. The company produces 1.2 million tonnes of zinc metal annually at a cost of USD 1,000 per tonne. Additionally, its silver volumes are at 800 million tonnes per year. With a 75% market share in India’s primary zinc market, Vedanta is developing plans to increase its production capacity to 2 million tonnes. This expansion is expected to reinforce Vedanta’s dominant position in the zinc market and contribute significantly to its EBITDA goals. Oil and Gas Expansion Vedanta’s oil and gas business is focusing on expanding its resource base to 2 billion barrels of oil equivalent over the next three years. The company aims to double its production to 300,000 barrels of oil equivalent per day. This ambitious target underscores Vedanta’s efforts to enhance its oil and gas output, aligning with its broader strategy to diversify and strengthen its energy portfolio. Power Generation Capacity Increase Vedanta is also investing in major projects to expand its power generation capacity. The company plans to increase its capacity from 2.9 GW to 5 GW, supporting its energy needs and ensuring a stable supply for its industrial operations. These projects include capacity expansions at the Lanjigarh alumina refinery from 3.5 to 5 million tonnes and the BALCO smelter from 0.6 to 1 million tonnes. Investment and Financial Projections Vedanta is investing around USD 8 billion in its ongoing growth projects. This significant investment is expected to generate substantial returns, with the company potentially achieving USD 5 billion in free cash flows. The projected USD 10 billion EBITDA includes USD 4.2 billion from aluminium, USD 2.7 billion from Zinc India (zinc and silver), and USD 0.9 billion from oil and gas. Long-Term Stock Performance and Market Positioning Vedanta’s comprehensive growth strategy positions the company well to capitalise on India’s economic growth. With the country’s GDP expected to reach USD 7 trillion by 2030, Vedanta’s focus on expanding its core businesses and investing in high-impact projects aligns with broader economic trends. Additionally, Vedanta’s proposal to vertically split its businesses and list five additional entities on the stock exchanges by the end of the year further underscores its commitment to creating value for shareholders. Potential Benefits for Stockholders Vedanta’s growth projects, operational efficiency improvements, and the planned demerger are positive signs for its stock in the long term. These factors could lead to increased profitability, improved cash flow generation, and potentially a higher stock valuation. Investors should monitor the company’s progress on these initiatives and their impact on the overall financial performance.
0 Likes
0 Replies

A
AngelOne
29th Apr, 2024
Rising Commodity Prices has placed Vedanta in a Favourable Position Mining Conglomerate Vedanta Ltd. benefits from rising commodity prices and is placed in a favourable position in the market with this surge. Vedanta Ltd. is an Indian Multinational Company headquartered in Mumbai, having its main operations in iron ore, gold and aluminium mines across Goa, Karnataka, Rajasthan and Odisha. The stock of Vedanta Ltd. has been in focus now as the company would benefit from the rising prices of commodities. How Will Rise in Commodities Benefit Vedanta? Rising commodity prices will benefit the mining conglomerate by increasing revenue and profitability. When prices for commodities like Silver, Copper or Iron Ore rise, companies like Vedanta can sell their products at higher prices and this will lead to an increase in revenue for them, which will thus increase the profits and margins. As there has been a rise in prices of commodities, The Mining Conglomerate Vedanta Ltd. is looking itself in a favourable position, The company has performed well recently reporting an EBITDA of Rs.87600 crores in Q4 FY 2023-24, This was driven by lower cost of production in aluminium and zinc. Furthermore, The volumes for its aluminium business are set to improve ahead and the start of coal mines in FY 2025-26 will also lower its cost of production. Street View on Vedanta Ltd. Post its earnings note, analysts have said they believe that Vedanta is best placed to ride rising commodity prices as this rise will further improve cash flows. They also stated that commodity prices have legroom to improve from here driven by factors like China Stimulus and improved demand, This rise will give further support to the cash flows of the company and one can factor in 6% higher aluminium and 9% higher zinc prices, which raises the FY 25/26 EBITDA by 11% and 15% respectively. Conclusion: The rising commodity prices would be a great benefit for Vedanta on both top-line and bottom-line frontiers. The company is also on the path to deleverage and demerger, The deleveraging and demerging plans look promising for the Company and the streets also reacted positively to the demerging plans last year. The stock is up by more than 75% from there and currently trades at Rs.408 a piece as of April 29, and with this rising commodity prices the earnings for the next quarter are expected to be strong on both top line as well as bottom line basis. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions. Angel One Vedanta Share Price Today - Vedanta Live NSE, BSE Stock Price | Angel One Vedanta Share Price - Get Live BSE, NSE Vedanta stock price with latest research reports, balance sheet, stock analysis and share price history at Angel One.
0 Likes
0 Replies

Vedanta Limited FAQs

Vedanta Limited (VEDL) share price as of October 11, 2024, on NSE is Rs 497.5 (NSE) and Rs 497.5 (BSE) on BSE.
Yes, You can buy Vedanta Limited (VEDL) shares by opening a Demat account with Angel One.
Vedanta Limited (VEDL) share can be bought through the following modes:
1. Direct investment: You can buy Vedanta Limited (VEDL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Vedanta Limited (VEDL) shares.
The Indian subsidiaries that comes under Vedanta are Hindustan Zinc Limited (HZL), Sterlite Copper, Sesa Goa Iron Ore, Bharat Aluminium Company (BALCO), Cairn Oil and Gas, and Talwandi Sabo Power Limited (TSPL). Vedanta's South African subsidiaries include Vedanta Zinc International and Konkola Copper Mines plc (KCM).
The total asset of Vedanta is Rs. 194, 165 Crores.
The main business of Vedanta is to focus on oil and gas, zinc, lead, silver, copper, iron ore, steel, aluminium, and commercial power in India, and South Africa. It is a world-class diversified natural resources company.
Open Free Demat Account!

Enjoy ₹0 Account Opening Charges

Join our 2 Cr+ happy customers

+91
Top Stocks





VIEW ALLView All Stocks

Top Gainers





VIEW ALLView All Stocks

Top Losers





VIEW ALLView All Stocks

Enjoy ₹0 Account Opening Charges
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges