Page 3 - Vedanta

Stocks to Watch today, Dec 17: Ola Electric, Vedanta, HDFC Bank, Akzo Nobel

Stocks to Watch today, December 17, 2025: From Ola Electric to Vedanta, here is a list of stocks that will be on traders' and investors' radar

Vedanta surges 5% in 2 days after NCLT approves demerger; brokerages upbeat

Brokerages believe Vedanta's demerger represents a value unlocking event with high growth Aluminium and Power business expected to command better valuations.

NCLT Mumbai okays demerger of Vedanta into five distinct entities

After clearance at the first motion stage, SEPCO moved an intervention application relating to disputes with Talwandi Sabo Power Limited

Vedanta's demerger plan gets NCLT nod; can now split business into 5 units

The ruling clears way for Vedanta's vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively

Vedanta shares trades higher for 5th straight day, rallies 8%; upside left?

Analysts remain positive on Vedanta given the robust non-ferrous prices, strategic expansion at aluminium and zinc India, controlled leverage on B/S, return ratios >20%, dividend yield of 6%.

Vedanta shares gain as it wins bid for Genjana nickel, chromium, PGE block

Vedanta shares rose 2 per cent after the company won the Genjana nickel, chromium and PGE block in the latest critical minerals auction

Stocks to watch, Dec 12: Tata Power, Astra Microwave, NBCC, Vedanta, Honasa

Stocks to watch today, December 12: Piramal Pharma, Kansai Nerolac and Oswal Pumps are other top stocks to track today.

Vedanta to invest ₹1 trn in Rajasthan to double production: Anil Agarwal

Vedanta Chairman Anil Agarwal said the latest investment will be used for the establishment of a zinc park to boost small and medium zinc manufacturing industries in the state

Vedanta rallies 10% in 8 days, hits new high; what's driving metal stock?

Vedanta stock has outperformed the market by surging 24% in the last six months. The company's portfolio of resources business provides advantages of scale, diversification and strong balance sheet.

S&P raises Vedanta's outlook to 'positive' on strong earnings, lower costs

S&P Global Ratings has upgraded its rating outlook on Vedanta Resources to 'positive' from 'stable'. In a statement, the rating agency said it has also affirmed the issue rating of 'B' on the Vedanta Resources' senior unsecured notes. S&P has cited factors like a timely ramp-up of Vedanta Resources' recently commissioned facilities in the aluminium business, which will improve the company's cost structure and support its earnings and cash flow. It has also noted the lower interest expenses at the holding company level, that will aid in deleveraging the balance sheet. "The positive rating outlook reflects the potential for an upgrade if Vedanta Resources continues its track record of reducing debt at the holding company and operating at a lower consolidated leverage, even as it pursues growth opportunities. "This could materialise as the company improves its cost structure from deeper backward integration. In our base case, we see a path for the company's FFO-to-debt (funds ...

Emkay favours non-ferrous over steel; sees earnings upgrade in VEDL, Nalco

If current spot prices for aluminium, zinc and silver hold through FY27, Emkay estimates Vedanta and Nalco to see Ebitda upgrades of about 5.5 per cent and 4.9 per cent

Vedanta soars 20% in 2 months, hits new high; brokerages see more upside

In the past one week, Vedanta stock has outperformed the market by surging 6 per cent, as compared to a 2.2 per cent rise in the BSE Sensex and 4.8 per cent gain in the BSE Metal index.

Confident Odisha will lead India in investments soon, says CM Manjhi

CM Majhi says Odisha is witnessing record industrial activity, signing projects worth ₹50,000 crore in maritime development and ₹13 trillion in overall investments

Adani may pip Vedanta to emerge highest bidder for Jaiprakash Associates

Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than Vedanta's bid to make payments in five years, sources said. In early September, mining conglomerate Vedanta Group had beaten Adani Group to emerge as the highest bidder, with an offer of Rs 12,505 crore as net present value (NPV), in an auction carried out by lenders to find suitors for JAL, whose interests span real estate, cement, power, hotels, and road. Dalmia Cement (Bharat) Ltd, Jindal Power Ltd, and PNC Infratech Ltd did not bid in the auction process. Later, the lenders held negotiations with these five players to enhance the bid value and maximise realisation. On October 14, these five bidders submitted fresh signed resolution plans in sealed envelopes. According to sources, the committee of creditors (CoC) of JAL met last week to deliberate on these comprehens

Vedanta's power business secures 500 MW power purchase deal from Tamil Nadu

Meenakshi Energy will supply 300 MW and VLCTPP will supply 200 MW of power to Tamil Nadu under a five-year contract

Vedanta Q2 revenue, Ebitda hit record; brokerages see strong H2 outlook

Vedanta's consolidated revenue for Q2FY26 rose 6 per cent Y-o-Y to ₹39,218 crore, while Ebitda jumped 12 per cent Y-o-Y to ₹11,612 crore, with margins expanding 69 bps to 34 per cent.

'Vedanta poised to gain from commodity cycle, deleveraging efforts'

Vedanta's second-quarter results met street expectations on robust operational performance, with analysts viewing the miner as well-positioned to benefit from the commodity rebound while advancing its deleveraging strategy. Brokerages Nuvama, Citi, ICICI Securities and Investec maintained a strong bullish stance on metals and natural resources major Vedanta Ltd. They cited factors such as Vedanta Resources' leverage being at comfortable levels, potential medium-term upside in aluminium on the London Metal Exchange (LME), volume growth, likely lower costs, and the likely completion of the demerger process as reasons for the bullish call. Nuvama said Vedanta's focus on demerger and delivery is on the verge of paying off, supported by tailwinds from commodity prices. The brokerage expects this to contribute to higher third-quarter earnings. "Q3 FY26 EBITDA is likely to jump 20 per cent QoQ led by higher prices, volume, and lower aluminium cost of production," Nuvama said. It increase

Vedanta's consolidated net profit plunges 59% to ₹1,798 crore in Q2FY26

The exceptional loss included a write off of ₹1,407 crore in Talwandi Sabo Power (TSPL), a wholly owned subsidiary of Vedanta, in pursuant to a Supreme Court order dated in August 19

Sebi puts Vedanta Group's Sterlite Electric public listing on hold

The company, part of mining and metals conglomerate Vedanta Group, filed draft papers for the IPO in early October

Vedanta raises $500 mn via bond issuance to repay near-term obligations

Anil Agarwal-led Vedanta Resources Ltd (VRL) has raised 500 million dollars through bonds in October and will use the proceeds to repay near-term obligations. As per the letter to the bondholders, the company stated that "the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits, reflecting a stronger, more resilient capital structure". The company said that it has completed "a 500 million dollar bond issuance, using proceeds to repay near-term obligations, including a 550 million dollar Private Credit Facility (PCF), in line with its deleveraging roadmap." With this, the Group now has no material maturities until FY27, ensuring a well-balanced liability structure, it said. The Group maintains robust liquidity, supported by dividend inflows from operating subsidiaries and healthy free cash generation, the company added. The company has tied up a 500 million dollar term loan facility with a consortium o