The government today increased the import duty on gold and silver from 6 per cent to 15 per cent; analysts see this as a positive move for Hindustan Zinc.
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Analysts said that the metal space is again a renewed strength after a healthy consolidation phase. They said that strong metal prices will help support or boost the company's profits going forward.
At 11:32 AM on Wednesday, Vedanta quoted 3 per cent higher at ₹312.65 on the BSE, as compared to a 0.26 per cent rise in the BSE Sensex.
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Vedanta plans to double aluminium capacity, scale oil output and expand power portfolio as it pursues aggressive growth across sectors following its demerger
At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent
Market participants expect four new demerged businesses of Vedanta Group to likely list on the exchanges by mid June
Vedanta's demerger is expected to improve transparency, enable focused capital allocation, and unlock value by allowing each business to be independently valued
Vedanta's five-way demerger is seen reducing debt, improving leverage and unlocking value across businesses, with stronger balance sheet visibility ahead
As Vedanta splits into five separate listed entities, the immediate focus has shifted from business fundamentals to the technical mechanics of fund rebalancing
Vedanta will file with stock exchanges this week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June.
The restructuring aims to create pure-play companies that can attract sector-focused investors, improve operational efficiency, and enable sharper capital allocation
Vedanta plans to add three critical minerals in five years and is evaluating rare earth magnet manufacturing as it deepens its play in India's strategic minerals ecosystem
Mining major targets portfolio expansion and evaluates entry into rare earth magnet manufacturing as it deepens its role in India's strategic minerals ecosystem
As Vedanta splits into independent verticals, the move signals India's evolving mining sector, focused on supply chain control, critical minerals, and specialised companies
Vedanta remains firm on its deleveraging plans, and going forward, higher cash flows will support both its expansion plans and deleveraging efforts.
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Vedanta reported record FY26 earnings and expects further profit growth in FY27, supported by strong commodity prices, cost efficiencies, and favourable global conditions
The mining conglomerate posted record-high revenue of ₹51,524 crore for the fourth quarter of FY2025-26; full-year profit came in 22 per cent higher at ₹25,096 crore, up from ₹20,535 crore in FY25