April 7, 2026April 7, 2026 Shares of Vedanta Limited climbed over 4% on 7 April after the Supreme Court directed the National Company Law Appellate Tribunal to hear the company’s appeal in the Jaiprakash Associates Limited insolvency case on an expedited basis. The move comes ahead of a key…
Shares of Anil Agarwal-led Vedanta Ltd rallied as much as 5% to their intraday high of Rs 727.40 on the BSE on Wednesday after BofA Securities upgraded the stock to “Buy” from “Neutral” and sharply raised its target price to Rs 840 from Rs 480 — an increase of 75%. The international brokerage cited a…
If you’ve been sitting out of the metals trade, Hindustan Zinc just served another reminder of why investors are rushing back in. The stock jumped as much as 4.9% to Rs 547 on Friday, extending its four-session rally to 11.8%, a run that has put the counter within striking distance of its 52-week high and…
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’…
The Anil Agarwal-led Vedanta Ltd, on Saturday, reported record highs in aluminum, alumina, and mined metal production for the second quarter ended September 30, 2025. The company highlighted its highest-ever quarterly aluminum output of 617 kt, alongside record alumina production of 653 kt, up 31% year-on-year (YoY). Zinc India also marked its best-ever Q2 mined…
Vedanta Ltd.’s creditors will meet Tuesday to give their final verdict on a plan to split the Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden. Both secured and unsecured lenders will discuss the much-awaited overhaul plan…
January 10, 2025January 10, 2025 Vedanta Resources Ltd., owned by Indian billionaire Anil Agarwal, is negotiating with banks to obtain a loan of more than $450 million to settle existing debt. First Abu Dhabi Bank PJSC, Barclays Plc, Mashreqbank PSC, and Standard Chartered Plc are among the lenders negotiating…
Vedanta Resources Ltd has said it paid USD 869 million to bondholders in October to redeem bonds three to four years ahead of maturity. The repayments are part of a larger liquidity management exercise under which Vedanta Resources Finance II PLC (VRF) — a wholly-owned subsidiary of Vedanta Resources Ltd — is repaying bonds with…
August 20, 2024August 20, 2024 Hindustan Zinc Limited is a subsidiary of Vedanta Limited, which is ranked as one of the companies with the highest dividend payouts. On August 20, mining major Hindustan Zinc announced its decision to distribute a second interim dividend of Rs 19 per share for…