Vedanta Ltd

Vedanta has received revision in credit ratings to ICRA AA+ / Stable / ICRA A1+ from ICRA AA / Watch Developing/ ICRA A1+).

Vedanta Ltd is up for a third straight session in a row. The stock is quoting at Rs 345.65, up 3.95% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 23997.6. The Sensex is at 76205, down 0.37%. Vedanta Ltd has risen around 24.4% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has risen around 3.71% in last one month and is currently quoting at 13345.65, up 0.88% on the day. The volume in the stock stood at 287.07 lakh shares today, compared to the daily average of 457.12 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 346.35, up 4.17% on the day. Vedanta Ltd is up 106.17% in last one year as compared to a 3.34% drop in NIFTY and a 44.84% drop in the Nifty Metal index.The PE of the stock is 71.54 based on TTM earnings ending March 26.Powered by Capital Market - Live

The domestic equity indices traded with minor gains in morning trade on Tuesday, supported by crude oil prices slipping below the $100-per-barrel mark and encouraging developments in U.S.'Iran talks. Investors remained focused on Q4 earnings, movements in crude oil and gold prices, and the Nifty's trajectory ahead of the monthly derivatives expiry on the NSE. The Nifty traded above the 24,050 mark. Metal shares extended gains for the fifth straight session. At 10:25 AM IST, the barometer index, the S&P BSE Sensex advanced 84.65 points or 0.11% to 76,568.01. The Nifty 50 index added 22.45 points or 0.09% to 24,054.15. The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.80% and the BSE 250 SmallCap Index jumped 1.22%. The market breadth was strong. On the BSE, 2,446 shares rose and 1,211 shares fell. A total of 220 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.97% to 16.21. In the commodities market, Brent crude for July 2026 settlement tanked $5.17 or 4.99% to $98.37 a barrel. Earnings Today: ONGC, Siemens, Brainbees Solutions, Venus Pipes, Transrail Lighting, Marksans Pharma, Morepen Laboratories, Jubiliant Ingrevia, RedTape, Aequs, Gujarat Fluorochemicals, Gujarat Gas AIA Engineering, AstraZeneca Pharma, Bayer, Camlin Fine Sciences, Gandhar Oil, IRCTC, JK Tyre, Landmark Cars, Senco Gold, Steep Strips Wheel will declare their quarterly results later today. Buzzing Index: The Nifty Metal index jumped 0.95% to 13,472.85. The index jumped 2.31% in five trading sessions. Vedanta (up 3.82%), Hindustan Copper (up 2.58%), Lloyds Metals & Energy (up 2.45%), Welspun Corp (up 2.42%) and Steel Authority of India (up 1.96%), National Aluminium Company (up 1.59%), Adani Enterprises (up 1.18%), Hindalco Industries (up 1.17%), Hindustan Zinc (up 0.94%) and JSW Steel (up 0.5%) surged. Stocks in Spotlight: Orchid Pharma rose 2.33% after the company reported a 6.68% increase in consolidated net profit to Rs 23.78 crore for the fourth quarter ended March 2026, compared with Rs 22.29 crore in the corresponding quarter last year. Venus Pipes & Tubes rallied 3.13% after the company announced the commencement of commercial operations of its fittings facility along with the commissioning of additional seamless pipes / tubes capacity. Royal Orchid Hotels slipped 4.91% after the company reported a 39.57% decline in consolidated net profit to Rs 7.94 crore for the fourth quarter ended March 2026, compared with Rs 13.14 crore in the corresponding quarter last year.Powered by Capital Market - Live

Vedanta Ltd is up for a third straight session today. The stock is quoting at Rs 320.85, up 5.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 23468.45. The Sensex is at 74886.66, up 0.44%. Vedanta Ltd has gained around 11.92% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has gained around 5.49% in last one month and is currently quoting at 12881.4, up 2.76% on the day. The volume in the stock stood at 504.47 lakh shares today, compared to the daily average of 384.58 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 323.25, up 5.86% on the day. Vedanta Ltd is up 93.67% in last one year as compared to a 4.86% slide in NIFTY and a 46.23% slide in the Nifty Metal index.The PE of the stock is 65.59 based on TTM earnings ending March 26.Powered by Capital Market - Live

Vedanta Ltd rose for a third straight session today. The stock is quoting at Rs 312.4, up 2.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 24018.3. The Sensex is at 76839.15, down 0.23%. Vedanta Ltd has added around 17.04% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has added around 10.87% in last one month and is currently quoting at 12989.6, up 0.4% on the day. The volume in the stock stood at 535.24 lakh shares today, compared to the daily average of 297.75 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 313.25, up 2.64% on the day. Vedanta Ltd is up 100.67% in last one year as compared to a 1.62% fall in NIFTY and a 51.5% fall in the Nifty Metal index.The PE of the stock is 65.35 based on TTM earnings ending March 26.Powered by Capital Market - Live

The stock traded at Rs 278.85 on the BSE, against a previous close of Rs 773.25. It moved between Rs 291.05 and Rs 271.50 so far. On the NSE, it quoted Rs 278.20 versus a previous close of Rs 773.60, with an intraday high of Rs 292 and low of Rs 271.50. The sharp decline reflects a mechanical adjustment following the demerger. The stock's ex-demerger price was discovered at Rs 289.5 during a special pre-open session conducted by exchanges today. Under the restructuring, Vedanta will spin off its aluminium, power, oil and gas, and iron ore businesses into separate listed entities. Shareholders as of the record date will receive one share in each new company for every share held. The record date for the demerger is May 1, which falls on a market holiday. Investors who bought shares on or before April 29 will be eligible for the share allotment in the spun-off entities. The adjusted share price now reflects only the residual business, while the value of the demerged verticals will be realised separately once the new entities are listed. The restructuring is aimed at creating focused, sector-specific businesses and improving transparency for investors. 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. On a consolidated basis, Vedanta's net profit jumped 88.51% to Rs 9,352 crore on 47.48% increase in revenue from operations to Rs 24,609 crore in Q4 FY26 over Q4 FY25. Net debt/ EBITDA improved to 0.95x in Q4 FY26 compared with 1.22x in Q4 FY25. Powered by Capital Market - Live

Profit before tax (PBT) climbed 77.36% YoY to Rs 5,908 in the quarter ended 31st March 2026. In Q4 FY26, EBITDA stood at Rs 18,447 crore, registering the growth of 59% compared with Rs 11,616 crore in Q4 FY25, mainly driven by higher LME, premiums, forex gains and higher volumes. EBITDA margin expanded to 44% in Q4 FY26 as against 35% in Q4 FY25. Net debt/ EBITDA improved to 0.95x in Q4 FY26 compared with 1.22x in Q4 FY25. On annual basis, the company's consolidated net profit jumped 22.21% to Rs 25,096 crore on 25.06% rise in revenue from operations to Rs 78,437 crore in FY26 over FY25. Arun Misra, executive director, Vedanta, said, 'FY26 was a year of strong execution for Vedanta, with record operational performance across the portfolio. We delivered 2.9 million tonnes of alumina, 2.46 million tonnes of aluminium, 1.1 million tonnes of mined metal at Zinc India, 895 kt of pig iron and 101 kt of ferrochrome, reflecting improved operating efficiency alongside the ramp up of new capacities. During the year, we deployed Rs 14,918 crore of growth capex, commissioning key projects including Lanjigarh Train II, the new BALCO smelter, downstream expansions at Jharsuguda, the Debari roaster at Zinc India, and 1.3 GW of power capacity. Our continued focus on operational excellence resulted in lowest costs in last five years at Aluminium and Zinc business.' Ajay Goel, CFO, Vedanta, said, 'The quarter marks a defining point for Vedanta, with the delivery of our strongest-ever financial performance recording all-time highs in Revenue, EBITDA, and PAT for both the quarter and the full year and a clear positioning for the next phase of growth with Demerger effective from 1st of May '26. Our revenue grew 15% YoY to Rs 1,74,075 crore, EBITDA 29% YoY to Rs 55,976 crore and PAT at Rs 25,096 crore, marking a 22% jump YoY. Our balance sheet strengthened further with Net Debt to EBITDA improving to 0.95x, from 1.22x an year ago, and both CRISIL and ICRA reaffirming VEDL's credit rating as AA / Watch with Developing Implications.' Meanwhile, in a recent development, the company's board on Monday, 20 April 2026, approved the implementation of the demerger scheme, which will become effective from 1 May 2026. The company has also fixed 1 May 2026 as the record date to determine eligible shareholders for the allotment of shares in the newly created entities. Under the scheme, Vedanta shareholders will receive shares in four separate businesses spanning aluminium, power, oil and gas, and iron ore. Each of the demerged entities will issue shares to existing shareholders in a 1:1 ratio. 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.Powered by Capital Market - Live

The board of Vedanta at its meeting held on 29 April 2026 has noted that Pallavi Joshi Bakhru (DIN: 01526618) will step down from the position of Independent Director of the Company with effect from the close of business hours on 30 April 2026. The board has approved the appointment of Dr. Meena Hemchandra (DIN: 05337181) as an Additional Director designated as a Non Executive Independent Director of the Company for a first term of 1 year effective from 01 May 2026 to 30 April 2027 subject to approval of the shareholders of the Company

Vedanta will hold a meeting of the Board of Directors of the Company on 29 April 2026.

The company has fixed 1 May 2026 as the record date to determine eligible shareholders for the issuance of shares in the newly carved-out entities. Under the approved scheme, shareholders of Vedanta will receive shares in four separate businesses covering aluminium, power, oil and gas, and iron ore. Each of these demerged entities will issue shares in a 1:1 ratio to existing shareholders. As part of the restructuring, Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy and Vedanta Iron and Steel will emerge as independent entities aligned to specific business verticals. The company also noted that Talwandi Sabo Powerand Malco Energy will be renamed Vedanta Power and Vedanta Oil and Gas, respectively, subject to regulatory approvals. In a parallel move, Vedanta approved the transfer of its shareholding in Bharat Aluminium Company (BALCO) to Vedanta Aluminium Metal, further consolidating its aluminium business under a single vertical. The transaction will be executed through the issuance of compulsorily convertible debentures by the aluminium entity. The restructuring is being carried out under a composite scheme of arrangement in line with applicable regulatory provisions. The move is part of its ongoing reorganisation process aimed at simplifying business structure. Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. On a consolidated basis, Vedanta's net profit surged 60.98% to Rs 5,710 crore while revenue from operations jumped 36.95% YoY to Rs 23,369 crore in Q3 December 2025. Shares of Vedanta fell 2.15% to Rs 770.65 on the BSE today.