The Latest Breaking News from Vedanta Group

Vedanta group announces Rs 1 lakh crore investment drive in Odisha; targets 50,000 jobs

Vedanta Group Chairman Anil Agarwal announced plans for a Rs 1 lakh crore investment drive in Odisha. The investments will focus on aluminium, mining, refining, and downstream manufacturing to enhance industrial activity. Agarwal emphasized the need for faster land allocation and government clearances to advance these projects. The proposed expansion…

The Economic Times · Sep 26

Hindustan Zinc shares gain 2% as Q1 net profit soars 145% YoY. Should you buy, sell or hold?

Hindustan Zinc shares: The company posted a robust Q1 FY27 performance, prompting several brokerages to reiterate their 'Buy' ratings. The Vedanta Group firm's net profit jumped 145% YoY to Rs 5,469 crore, while revenue surged 77% YoY to Rs 13,747 crore. Total expenses rose 33% YoY to Rs 6,749 crore,…

The Economic Times · Jul 27

Hindustan Zinc Q1 Results: Net profit spikes 145% YoY to Rs 5,469 crore, revenue jumps 77%

Hindustan Zinc reported a Rs 5,469 crore net profit for Q1 FY27. This marks a substantial 145% year-on-year increase in earnings. The company's revenue from operations also saw a 77% rise. Total expenses for the quarter increased by over 33% year-on-year. These financial results cover the period ending June 30,…

The Economic Times · Jul 24

Vedanta Aluminium vs Power vs Oil & Gas vs Iron & Steel: Which stock should you buy?

Four Vedanta Group companies debuted on the market, with aluminium, iron & steel, and oil & gas shares tumbling while power stocks rose. Analysts advise patience, focusing on business quality over price action. Experts suggest aluminium offers the best risk-reward for long-term investors due to strong demand and cost efficiencies.

The Economic Times · Jun 18

Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why

Vedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with 'Buy' ratings and target prices of Rs 560 and Rs 600, respectively. Analysts cited a positive aluminium outlook, growth potential, cost efficiencies, and improving leverage as key drivers for their bullish calls.

The Economic Times · Jun 18

Vedanta Iron and Steel shares rally 16% in 3 days as Azim Premji-backed fund buys shares worth Rs 102 crore

Vedanta Iron and Steel shares are on a strong rally, hitting the upper circuit for a third day. This surge follows an investment by Premji Invest. The stock has seen significant gains since its market debut. In contrast, other Vedanta demerged entities like Vedanta Aluminium and Vedanta Oil & Gas…

The Economic Times · Jun 17

Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?

Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following a mega demerger. Vedanta Aluminium listed as the sole large-cap, opening at Rs 527, surpassing its parent. The special pre-open session facilitated price discovery for…

The Economic Times · Jun 15

Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demerger

Four demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expected to emerge as the biggest winner. Analysts believe the pure-play aluminium business could see the strongest listing gains, backed by robust fundamentals and favourable industry dynamics.

The Economic Times · Jun 14

Vedanta says no penalty, restrictions imposed after ED searches

India's financial crime-fighting agency searched Vedanta group locations. The company stated no penalty or restriction has been imposed. Vedanta is cooperating with the foreign exchange law probe. Operations and financial activities remain unaffected. The searches were conducted in connection with a probe.

The Economic Times · Jun 4

Vedanta group's iron ore mining, steel biz cut 2.5 MT of carbon emissions in last 5 yrs

Vedanta's iron ore and steel business has significantly cut carbon emissions. Over five years, nearly 2.5 million tonnes of emissions were reduced, avoided, or sequestered. Initiatives include electric vehicles, sustainable logistics, waste heat recovery power, and extensive tree plantation drives. These efforts align with national and global climate goals, showcasing…

The Economic Times · Jun 4