VEDL.NS - Vedanta Limited

NSE - NSE Real Time Price. Currency in INR
280.10
+2.00 (+0.72%)
At close: 03:30PM IST
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Previous Close278.10
Open279.65
Bid0.00 x 0
Ask0.00 x 0
Day's Range278.65 - 281.25
52 Week Range206.00 - 340.75
Volume4,846,280
Avg. Volume10,220,277
Market Cap1.039T
Beta (5Y Monthly)1.36
PE Ratio (TTM)5.75
EPS (TTM)48.72
Earnings DateJul 26, 2023 - Jul 31, 2023
Forward Dividend & Yield74.00 (26.61%)
Ex-Dividend DateMay 30, 2023
1y Target Est336.64
  • Bloomberg

    A $2 Billion Debt Bill Shows Risks Ahead for India’s Vedanta

    (Bloomberg) -- A moment of reckoning is approaching for Vedanta Resources Ltd. Indian billionaire Anil Agarwal’s miner has $2 billion of bonds due in 2024 — a record annual bill for the company. While the group settled some debts on Wednesday, pricing data indicate investors have lingering concerns about repayments down the road. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTwitter Is Now

  • Bloomberg

    Billionaire Agarwal’s Debt-Cut Blitz Turns Heat on Vedanta Units

    (Bloomberg) -- Billionaire Anil Agarwal’s mining conglomerate has bonds coming due at the end of this month that cast the spotlight on the long-term financial health of his group’s India-listed units.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set

  • Reuters

    Vedanta raises about $850 million via JPMorgan, Oaktree loan - Bloomberg News

    The billionaire Anil Agarwal-led group is relying on money from its units to tackle its debt burden, after its efforts to sell some zinc assets to Hindustan Zinc Ltd for $3 billion failed. Earlier this month, Vedanta reported an 8% slump in its fourth-quarter profit as prices of metals declined. JPMorgan and Oaktree declined to comment, while Vedanta did not immediately respond to a Reuters' request for comment.

  • Reuters

    Vedanta raises about $850 mln via JPMorgan, Oaktree loan - Bloomberg News

    Vedanta Group, the promoter of metals-to-oil conglomerate Vedanta Ltd, has signed a five-year loan for about $850 million with JPMorgan and Oaktree, Bloomberg News reported, citing people familiar with the matter. The billionaire Anil Agarwal-led group is relying on money from its units to tackle its debt burden, after its efforts to sell some zinc assets to Hindustan Zinc Ltd for $3 billion failed. Earlier this month, Vedanta reported an 8% slump in its fourth-quarter profit as prices of metals declined.

  • Bloomberg

    Vedanta Extends Record Dividend Spree With $830 Million Payout

    (Bloomberg) -- Vedanta Ltd. will award a dividend of 68.8 billion rupees ($830 million), the first payout in the fiscal year to March 2024 after five rounds of generous payments last year.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekMexico Raises Alert Level o

  • Bloomberg

    Agarwal’s Vedanta Seeks Cash With $500 Million Bond Maturing

    (Bloomberg) -- Billionaire Anil Agarwal’s Vedanta Group is looking to free up cash and raise funds, possibly via a loan, as its $500 million junk-rated bond matures at the end of this month. Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antig

  • Bloomberg

    India Expands Incentives for Chip, Display Units in Renewed Push

    (Bloomberg) -- India is wooing semiconductor and display makers to the country by increasing financial incentives for setting up manufacturing units under a $10 billion plan.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsEverything-Selloff on Wall Street Deepens on 98% Recession OddsUS Housing Prices Fall for First Time Since 2012Alzheimer’s Progression Slowed by Drug in Major TrialPrime Minister Nar

  • Reuters

    UPDATE 2-Vedanta sees no funding problems for Indian chip JV with Foxconn

    India's Vedanta does not see any funding problems for a $19.5 billion semiconductor venture with Taiwan's Foxconn, its chairman told CNBC-TV18 on Wednesday, adding he hoped the project would foster local electronics clusters. Metals-to-oil conglomerate Vedanta on Tuesday signed an agreement with the western Indian state of Gujarat for the project, which it expects will start commercial production in about two years. "With the reputation of ours and Foxconn, money will never be a constraint."

  • Reuters

    Vedanta sees no funding problems for Indian chip JV with Foxconn

    India's Vedanta does not see any funding problems for a $19.5 billion semiconductor venture with Taiwan's Foxconn, its chairman told CNBC-TV18 on Wednesday, adding he hoped the project would foster local electronics clusters. Metals-to-oil conglomerate Vedanta on Tuesday signed an agreement with the western Indian state of Gujarat for the project, which it expects will start commercial production in about two years. "With the reputation of ours and Foxconn, money will never be a constraint."

  • Bloomberg

    iPhone Maker Foxconn Strikes Pact for Chip Plant in Western India

    (Bloomberg) -- Hon Hai Precision Industry Co., the assembler of most of the world’s iPhones, plans to build a chipmaking facility in India with a local partner to tap rising demand for semiconductors and the government’s support for such projects.Most Read from BloombergJeff Bezos Loses Spot as World’s Second Richest Person to Gautam AdaniPatagonia Billionaire Who Gave Up Company Skirts $700 Million Tax HitGermany Tightens Control Over Industry With Russian Oil GrabPutin Acknowledges Xi’s ‘Conce

  • Reuters

    Vedanta, Foxconn to invest $19.5 billion in India's Gujarat for chip, display project

    NEW DELHI (Reuters) -Vedanta Ltd and Taiwan's Foxconn will invest $19.5 billion under pacts signed on Tuesday to set up semiconductor and display production plants in Gujarat, the home state of Indian Prime Minister Narendra Modi. Reuters was first to report on Monday that the joint venture obtained subsidies including on capital expenditure and electricity from Gujarat to set up units near the western state's largest city, Ahmedabad. The showpiece investment of 1.54 trillion rupees, which Gujarat said was the largest ever by any group in an Indian state, comes ahead of key local elections in the state where Modi's ruling group is facing a tough challenge from opposition parties.

  • Reuters

    Vedanta picks Modi's home state for $20 bln India semiconductor foray -sources

    Vedanta Ltd has selected Indian Prime Minister Narendra Modi's home state of Gujarat for its semiconductor project, two sources told Reuters, the first major step in its $20 billion joint venture with Taiwan's Foxconn. Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, the first source with knowledge of the matter said. The project will include display and semiconductor facilities near the largest city of Ahmedabad in the western state, the source added, declining to be named ahead of an official announcement.

  • Reuters

    Vedanta puts up for sale Indian copper smelter shut after deadly protests

    India's oil-to-metals conglomerate Vedanta Ltd on Monday offered to sell a copper smelter complex in southern Tamil Nadu state that was closed four years ago after police opened fire during protests which culminated in 13 deaths. Prospective buyers have until July 4 to submit expressions of interest, the company said, without giving financial details. Vedanta's 400,000 tonnes per annum copper smelter in the port city of Thoothukudi was ordered shut in May 2018 by the southern Tamil Nadu state, a week after the deadly protests that sought the plant's closure for alleged pollution.