Vedanta share price surges over 4%. Check key factors behind today's rally
1 week, 5 days ago

Vedanta share price surges over 4%. Check key factors behind today's rally

India Today  

Vedanta Ltd.’s share price surged over 4.5% on December 11, 2024, reaching an intraday high of Rs 525.15 from an opening of Rs 499. Vedanta’s rally can be attributed to several factors, including operational enhancements, bullish market sentiment, and positive brokerage ratings. CLSA upgraded Vedanta’s rating to ‘Buy’ and raised its target price from Rs 430 to Rs 520, citing operational improvements and growth potential. Fundamentally, Vedanta operates across key sectors like oil and gas, metals, and power generation, with solid cash flows supporting its growth and debt management strategies. Existing shareholders might choose to ‘Hold’ as the stock edges closer to target prices set by analysts, reflecting continued growth potential.

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History of this topic

Vedanta share price jumps as board sets date to consider fourth interim dividend for FY25
1 week, 4 days ago

Vedanta share price jumps as board sets date to consider fourth interim dividend for FY25

Live Mint  

Stock Market Today: Shares of metal & mining major Vedanta Ltd jumped nearly 2 per cent on Thursday, December 12 after the company said its board will meet next week to consider and approve the fourth interim dividend for the financial year 2024-2025. “Board of Directors of the Company is proposed to be scheduled on Monday, December 16, 2024, to …

Explained: Why Vedanta share price gained 2% in early trade today
1 week, 4 days ago

Explained: Why Vedanta share price gained 2% in early trade today

India Today  

Shares of Vedanta Limited rose 2% in early trade on Thursday, driven by investor optimism following the company’s announcement of a crucial board meeting scheduled for December 16, 2024. So far in FY25, Vedanta has already announced three interim dividends: Rs 11, Rs 4, and Rs 20 per share, highlighting its consistent shareholder returns. In its official filing, the company …

Multibagger Vedanta share price rises 7%: Should you buy, sell or Hold the stock?
2 weeks, 3 days ago

Multibagger Vedanta share price rises 7%: Should you buy, sell or Hold the stock?

Live Mint  

Stock Market Today: Vedanta share price gained up to 7% during intraday trades on Fiday. While the share price gains are being led rising base metal prices, the company is also progressing towards demerger that can unlock value for shareholders. Should you Buy, Sell or Hold the stock Multibagger returns Vedanta share price opened at ₹474.85 on the BSE on …

Explained: Why Vedanta share price jumped over 6% today
2 weeks, 3 days ago

Explained: Why Vedanta share price jumped over 6% today

India Today  

Shares of Vedanta Ltd. surged over 6% on Friday, reaching a high of Rs 505.45 on the Bombay Stock Exchange. The rise came after the mining company informed stock exchanges about the release of encumbrance over its equity shares by its parent, Vedanta Resources, and its subsidiaries, including Twin Star Holdings, Welter Trading Limited, and Vedanta Holdings Mauritius. The bond …

Vedanta Q2 review: Top brokerage firms see solid double-digit upside; here’s what they say
1 month, 1 week ago

Vedanta Q2 review: Top brokerage firms see solid double-digit upside; here’s what they say

Live Mint  

At first glance, it seems the market had set a high bar for Vedanta's September-quarter results. EBITDA increased by 44 per cent to ₹10,364 crore, attributed to favourable commodity prices, efforts in structural cost savings, and higher premiums across various business segments, according to the company. Brokerages upbeat about the stock Vedanta's Q2 earnings have sparked optimism among top brokerage …

Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY
1 month, 2 weeks ago

Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY

Live Mint  

Vedanta Q2 Results: Mining major Vedanta Ltd on Friday reported a consolidated net profit for the fiscal's second quarter ended September to ₹5,603 crore as against a net loss of ₹915 crore in the year-ago period. The firm's consolidated net profit stood at ₹4,352 crore versus net loss of ₹1,783 crore. The mining conglomerate owned by Anil Agarwal reported a …

Vedanta promoter to sell 2.5% stake in couple of weeks
6 months ago

Vedanta promoter to sell 2.5% stake in couple of weeks

New Indian Express  

NEW DELHI: Billionaire Anil Agarwal-led Vedanta Resources is reportedly planning to sell a 2.5% stake in Indian listed firm Vedanta Ltd through block deals in the next couple of weeks. Finsider International, which is part of Vedanta Resources, sold more than 6.55 crore Vedanta shares at Rs 265.14 apiece for Rs 1,700 crore. In the last two years, Vedanta Resources, …

Vedanta shares hit 52-week high with 'buy' tag from CLSA: Will rally continue?
8 months, 1 week ago

Vedanta shares hit 52-week high with 'buy' tag from CLSA: Will rally continue?

Hindustan Times  

Vedanta share price: The shares of Vedanta rose over 7 per cent to a 52-week high of ₹364.60 today. Vedanta share price: CLSA upgraded Vedanta's rating from 'reduce' to 'buy' and raised the target price to ₹ 390 from ₹ 360. Vedanta share price: Stakes rise in Vedanta BlackRock, Abu Dhabi Investment Authority, ICICI Mutual Fund and Nippon India Mutual …

Vedanta Ltd shares surge 5% following major business restructuring announcement
1 year, 2 months ago

Vedanta Ltd shares surge 5% following major business restructuring announcement

India TV News  

Shares of Vedanta Ltd witnessed a notable surge of 5 percent on Tuesday, following a significant announcement regarding a major business shake-up. As part of this strategic move, Vedanta's flagship company has given the green light to spin off its metals, power, aluminum, and oil and gas businesses into separate listed entities. This demerger process, contingent upon approvals from shareholders, …

Vedanta shares hit 52-week low despite ₹2500 crore fund raise move
1 year, 3 months ago

Vedanta shares hit 52-week low despite ₹2500 crore fund raise move

Live Mint  

Stock market today: Downtrend in Vedanta shares continued for third straght session during Friday morning deals. Vedanta share price today opened higher at ₹228.50 per share levels but profit booking triggerd within few minutes of stock market's opening bell and the stock hit new 52-week low of ₹222.55 apiece on NSE. While hitting new 52-week low, Vedanta shares hit 14-month …

Vedanta Shares Down 3% Post Q1 Results; Here's What Investors Should Know
1 year, 4 months ago

Vedanta Shares Down 3% Post Q1 Results; Here's What Investors Should Know

News 18  

Vedanta shares succumbed to selling pressure on Monday after the mining major disappointed the Street with its quarterly performance. The scrip fell 3 per cent to Rs 271 in Monday’s trade on BSE after the company reported a consolidated net profit of Rs 2,640 crore for the quarter ended June, down about 40 per cent from Rs 4,421 crore reported …

Why Vedanta share price is nosediving — explained
1 year, 9 months ago

Why Vedanta share price is nosediving — explained

Live Mint  

Vedanta share price has been nosediving for last four straight sessions. Vedanta share price today opened lower on fourth day in a row and hit intraday low of ₹261.95 apiece on NSE, logging around 13.50 per cent dip in this time. According to stock market experts, Vedanta shares are under sell off pressure due to negative sentiments after the road …

Tata Motors Shares Jump 8% Post Q4 Results; Should Investors Book Profit or Hold?
2 years, 7 months ago

Tata Motors Shares Jump 8% Post Q4 Results; Should Investors Book Profit or Hold?

News 18  

Tata Motors’ share price jumped 8 per cent in early trade on May 13 – a day after the company reported its March quarter earnings. We expect performance to improve through the year as the China COVID-19 and semiconductor supplies improve and aim to deliver strong EBIT improvement and free cash flows in FY 23 to get to near net …

All about Vedanta's 'failed' delisting plan and what investors should do
4 years, 2 months ago

All about Vedanta's 'failed' delisting plan and what investors should do

Business Standard  

On May 12, 2020, billionaire Anil Agarwal announced the intention to take his Indian listed firm Vedanta Ltd private by buying out shares held by the public. The company had said that Agarwal-controlled Vedanta Resources, the promoter of the company, will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd to execute the delisting …

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