Vedanta Ltd

The domestic equity benchmarks closed with strong gains on Friday, supported by positive global cues after the US Federal Reserve announced a 25-basis-point rate cut. Investor sentiment also remained upbeat ahead of India's inflation data release. Further, investors will monitor IPO activity and global cues. The Nifty ended the session near the 26,050 mark. Metal, realty and consumer durables shares advanced while FMCG and media shares declined. As per provisional closing data, the S&P BSE Sensex surged 449.52 points or 0.53% to 85,267.66. The Nifty 50 index added 148.40 points or 0.57% to 26,046.95. In the broader market, the S&P BSE Mid-Cap index rose 1.14% and the S&P BSE Small-Cap index added 0.65%. The market breadth was strong. On the BSE, 2,589 shares rose and 1,597 shares fell. A total of 182 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.81% to 10.11. IPO Update: ICICI Prudential Asset Management Company received bids for 1,60,66,788 shares as against 3,50,15,691 shares on offer, according to stock exchange data at 13:21 IST on Friday (12 December 2025). The issue was subscribed 0.46 times. The issue opened for bidding on 12 December 2025 and it will close on 16 December 2025. The price band of the IPO is fixed between Rs 2,061 and 2,165 per share. Park Medi World received bids for 24,48,81,920 shares as against 4,18,18,182 shares on offer, according to stock exchange data at 13:24 IST on Friday (12 December 2025). The issue was subscribed 5.86 times. The issue opened for bidding on 10 December 2025 and it will close on 12 December 2025. The price band of the IPO is fixed between Rs 154 and 162 per share. Nephrocare Health Services received bids for 12,70,06,368 shares as against 1,33,87,854 shares on offer, according to stock exchange data at 13:25 IST on Friday (12 December 2025). The issue was subscribed 9.49 times. The issue opened for bidding on 10 December 2025 and it will close on 12 December 2025. The price band of the IPO is fixed between Rs 438 and 460 per share. Buzzing Index: The Nifty Metal index jumped 2.63% to 10,536.45. The index rallied 4.19% in the three consecutive trading sessions. Hindustan Zinc (up 7.46%), Hindustan Copper (up 7.07%), National Aluminium Company (up 5.41%), NMDC (up 3.49%), Tata Steel (up 3.38%), Hindalco Industries (up 3.37%), Vedanta (up 2.75%), Steel Authority of India (up 1.89%), JSW Steel (up 1.81%) and Jindal Steel (up 1.59%). Stocks in Spotlight: Vedanta added 2.61% after the company announced that it has been declared the successful bidder for the Genjana Nickel, Chromium and PGE Block. This receipt of the successful bidder for the Genjana Nickel, Chromium and PGE Block under critical mineral auctions tranche III shall further strengthen the company's critical minerals portfolio. Dynacons Systems & Solutions surged 13.39% after the company announced that it has secured a prestigious Device-as-a-Service (DaaS) contract worth Rs 74.99 crore from Jammu & Kashmir Bank. Astra Microwave Products advanced 0.25%. The company secured a procurement order for Doppler Weather Radars (DWRs) from the Indian Meteorological Department (IMD). The said order is valued at Rs 171.38 crore (inclusive of GST) and is expected to be completed within 18 months. NBCC (India) rose 1.06%. The company announced that it has received new orders worth a total of Rs 289.39 crore, including major contracts from NALCO and SAIL Bokaro. Tata Power Company rose 0.55%. The company announced that it has received a letter of intent (LoI) from REC for the acquisition of Jejuri Hinjewadi Power Transmission, a project SPV formed to develop a key 400 kV transmission corridor in Maharashtra. PNB Housing Finance rallied 4.21% after the company's board approved the appointment of Ajai Kumar Shukla as managing director & chief executive officer (MD & CEO) for period of 5 years with effect from 18 December 2025. JSW Energy surged 5.30% after the company's subsidiary, JSW Energy (Utkal) has signed a power purchase agreement (PPA) with multiple Karnataka DISCOMs for the supply of 400 MW of power starting 1 April 2026. The agreement spans 25 years at a tariff of Rs 5.78 per kWh. Global Markets: European stocks advanced on Friday as inflation data is expected from Germany, France, and Spain today. The U.K. economy unexpectedly contracted 0.1% in the three months to October, according to official figures released Friday. It contracted 0.1% as services output stalled, construction output fell 0.3% and production output fell 0.5%. Most Asian markets ended higher, taking their cues from Wall Street after two major U.S. benchmarks set fresh records following the Federal Reserve's widely expected rate cut. The Fed lowered interest rates by 25 basis points on Wednesday and signaled a softer tone than markets had braced for. Chair Jerome Powell noted that the central bank will begin purchasing Rs 40 billion worth of Treasury bills each month, a move that injects additional liquidity and gently loosens financial conditions, giving risk assets more room to run. Sentiment in Asia was further supported by signals from Beijing. China's top leadership concluded its annual economic planning meeting by committing to broad support measures in the year ahead, with an emphasis on lifting consumption, stabilising the property market and strengthening domestic tech capabilities as the next five-year plan approaches in 2026. On Wall Street, the Dow Jones Industrial Average and the S&P 500 notched new closing highs as investors shifted from high-growth tech names toward stocks more closely tied to U.S. economic expansion after the Fed's policy action. The Dow advanced 1.34% to 48,704.01, buoyed by gains in Visa after an upgrade from Bank of America. The S&P 500 edged up 0.21% to finish at 6,901.00, while the Nasdaq Composite eased 0.25% to close at 23,593.86.Powered by Capital Market - Live

This receipt of the successful bidder for the Genjana Nickel, Chromium and PGE Block under critical mineral auctions tranche III shall further strengthen the company's critical minerals portfolio. The declaration was made via a letter dated 10 December 2025, received by the company. Vedanta is a global producer of critical minerals, energy transition metals, power, and technology, with operations across India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan. It is the world's largest integrated zinc producer, the fourth-largest silver producer, and among the top aluminum producers globally. Vedanta is also India's only private oil and gas producer and one of the country's largest private power generators. The company's consolidated revenue rose 6% YoY to Rs 39,218 crore in Q2 FY26, up from Rs 37,171 crore in Q2 FY25. However, profit after tax (PAT) declined 38% YoY to Rs 3,479 crore, compared to Rs 5,603 crore in Q2 FY25. Powered by Capital Market - Live

Vedanta Ltd is up for a third straight session today. The stock is quoting at Rs 530.1, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 25894.8. The Sensex is at 84792.13, up 0.48%. Vedanta Ltd has gained around 1.82% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has gained around 3.06% in last one month and is currently quoting at 10159, up 0.6% on the day. The volume in the stock stood at 87.17 lakh shares today, compared to the daily average of 90.35 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 530.8, up 1.11% on the day. Vedanta Ltd is up 1.55% in last one year as compared to a 5.48% jump in NIFTY and a 7.49% jump in the Nifty Metal index.The PE of the stock is 21.78 based on TTM earnings ending September 25.Powered by Capital Market - Live

Vedanta Ltd gained 0.9% today to trade at Rs 537.7. The BSE Metal index is up 0.42% to quote at 34179.25. The index is down 1.68 % over last one month. Among the other constituents of the index, Jindal Stainless Ltd increased 0.72% and Hindalco Industries Ltd added 0.68% on the day. The BSE Metal index went up 9.73 % over last one year compared to the 4.98% surge in benchmark SENSEX. Vedanta Ltd has added 5.84% over last one month compared to 1.68% fall in BSE Metal index and 1.83% rise in the SENSEX. On the BSE, 11728 shares were traded in the counter so far compared with average daily volumes of 3.74 lakh shares in the past one month. The stock hit a record high of Rs 541.45 on 03 Dec 2025. The stock hit a 52-week low of Rs 362.2 on 07 Apr 2025.Powered by Capital Market - Live

Vedanta Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 532.25, up 1.19% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 26164.95. The Sensex is at 85592.35, down 0.13%. Vedanta Ltd has added around 3.75% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has added around 2.89% in last one month and is currently quoting at 10293.05, up 0.5% on the day. The volume in the stock stood at 70.14 lakh shares today, compared to the daily average of 83.96 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 534.2, up 0.83% on the day. Vedanta Ltd is up 15.57% in last one year as compared to a 7.78% gain in NIFTY and a 13.26% gain in the Nifty Metal index.The PE of the stock is 21.83 based on TTM earnings ending September 25.Powered by Capital Market - Live

Net profit of Vedanta declined 58.69% to Rs 1798.00 crore in the quarter ended September 2025 as against Rs 4352.00 crore during the previous quarter ended September 2024. Sales rose 5.51% to Rs 39218.00 crore in the quarter ended September 2025 as against Rs 37171.00 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales39218.0037171.00 6 OPM %29.0626.44 - PBDT9882.008461.00 17 PBT7014.005765.00 22 NP1798.004352.00 -59 Powered by Capital Market - Live

While revenue and EBITDA showed healthy year-on-year growth, the bottom line fell sharply due to higher exceptional losses. The company's consolidated revenue rose 6% YoY to Rs 39,218 crore in Q2 FY26, up from Rs 37,171 crore in Q2 FY25, driven by higher LME prices, improved premiums, and forex gains, partially offset by lower volumes. Sequentially, revenue increased 5% from Rs 37,434 crore in Q1 FY26, aided by higher LME, premia, forex gain and higher volume. EBITDA stood at Rs 11,612 crore, up 12% YoY, supported by higher premiums and forex gains, though partially offset by elevated costs and reduced production volumes. On a sequential basis, EBITDA improved 8% over Rs 10,746 crore in Q1 FY26. The EBITDA margin remained stable at 34%, unchanged from last year, but slightly lower than 35% in Q1 FY26. Profit before tax (PBT) grew 22% YoY to Rs 7,015 crore from Rs 5,765 crore, and rose 16% QoQ from Rs 6,053 crore in Q1 FY26. However, profit after tax (PAT) declined 38% YoY to Rs 3,479 crore, compared to Rs 5,603 crore in Q2 FY25, due to exceptional losses of Rs 1,547 crore during the quarter. Sequentially, PAT dropped 22% from Rs 4,457 crore in Q1 FY26. Depreciation and amortization rose 6% YoY to Rs 2,868 crore, mainly led by higher production at Zinc International, while finance costs fell 21% YoY to Rs 2,110 crore on account of lower interest rates. On a QoQ basis, however, finance costs were up 4% due to one-off charges in Q1 FY26. Investment income declined 3% YoY to Rs 701 crore, impacted by a change in the investment mix, and fell 10% sequentially due to higher interest refunds in Q1 FY26. On the balance sheet front, gross debt stood at Rs 83,544 crore as of 30 September 2025, while net debt stood at Rs 62,063 crore, translating into a comfortable net debt-to-EBITDA ratio of 1.37x. The company maintained a strong liquidity position with cash and cash equivalents of Rs 21,481 crore. Vedanta is a global producer of critical minerals, energy transition metals, power, and technology, with operations across India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan. It is the world's largest integrated zinc producer, the fourth-largest silver producer, and among the top aluminium producers globally. Vedanta is also India's only private oil and gas producer and one of the country's largest private power generators. Powered by Capital Market - Live

Net profit of Vedanta declined 79.20% to Rs 2195.00 crore in the quarter ended September 2025 as against Rs 10553.00 crore during the previous quarter ended September 2024. Sales rose 7.96% to Rs 19436.00 crore in the quarter ended September 2025 as against Rs 18003.00 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales19436.0018003.00 8 OPM %20.1020.69 - PBDT3746.009065.00 -59 PBT2705.008014.00 -66 NP2195.0010553.00 -79 Powered by Capital Market - Live

Vedanta will hold a meeting of the Board of Directors of the Company on 31 October 2025.Powered by Capital Market - Live

Vedanta Ltd is up for a third straight session in a row. The stock is quoting at Rs 496.05, up 2.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.21% on the day, quoting at 25835.95. The Sensex is at 84295.59, down 0.31%. Vedanta Ltd has risen around 7.45% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has risen around 2.78% in last one month and is currently quoting at 10241.85, up 1.18% on the day. The volume in the stock stood at 199.75 lakh shares today, compared to the daily average of 100.9 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 497.3, up 2.9% on the day. Vedanta Ltd is up 8.93% in last one year as compared to a 6.84% spurt in NIFTY and a 14.52% spurt in the Nifty Metal index.The PE of the stock is 12.55 based on TTM earnings ending June 25.Powered by Capital Market - Live