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VEDANTA DELEVERAGING PLAN
Vedanta demerger done. Should investors buy or sell the stock now?Vedanta shares adjusted sharply post demerger, reflecting exclusion of four business units. While strong Q4 earnings and broker targets ind...- Vedanta’s historic year, strong margins and deleveraging path: Management on post-demerger strategy, listing timeline and capital allocationVedanta anticipates a historic FY26, driven by record profitability in its aluminium and zinc businesses with margins at 38% and 50% respec...
- Vedanta announces demerger record date, shareholders to get 1:1 shares in new entitiesVedanta's board has approved May 1, 2026, as the effective and record date for its demerger. Shareholders will receive shares in newly carv...
- Vedanta sees better Q4 after solid Q3Vedanta's CFO Ajay Goel anticipates a "significantly bigger and better" March quarter performance, projecting full-year EBITDA exceeding $6...
- Vedanta Chairman bats for transformation amid record FY25 performance, demerger pushAnil Agarwal unveils Vedanta 2.0, targeting global leadership in transition metals and energy. The company reported record revenue and EBIT...
- Vedanta sells 1.6% stake in Hindustan Zinc for Rs 3,028 crore to boost balance sheetThe sale of 66.7 million Hindustan Zinc shares forms part of Vedanta’s larger plan to reduce debt and enhance financial agility, as the com...
- Vedanta declares Rs 7 per share interim dividendVedanta Ltd announced a first interim dividend of Rs 7 per equity share for the fiscal year 2025-26, totaling approximately Rs 2,737 crore....
- Hindustan Zinc shares slide 6% as Vedanta offloads Rs 3,000 crore worth of shares in block dealVedanta sold 1.6% equity in Hindustan Zinc for Rs 3,028 crore through a block deal, causing HZL shares to drop over 6%. This move aims to d...
- Neutral on Vedanta, target price Rs 520: Motilal Oswal SecuritiesMotilal Oswal Securities has given a neutral rating for Vedanta stock, setting a target price of Rs 520. The company's recent performance f...
- Vedanta Resources plans to sharply reduce cost of funding by AprilThe $850 million private credit facility from Standard Chartered Bank, which carries a high interest rate of 18%, is secured against future...
- Vedanta readies Rs 30,000-cr war chest to pursue further deleveraging, growthVedanta Ltd, led by Anil Agarwal, raised Rs 30,000 crore through various means, including a qualified institutional placement and an offer ...
- Vedanta readies Rs 30,000-crore war chest to pursue further deleveraging, growthVedanta Ltd prepared a Rs 30,000 crore war chest from various funding sources to accelerate debt reduction and pursue growth. This includes...
- Vedanta shares rally 3% post Q1 results. What analysts say?Vedanta Share Price: Vedanta's shares increased by 3% following its report of a 37% year-on-year growth in consolidated net profit, reachin...
- Parent of India's Vedanta proposes to cut debt by $3 billion over next three yearsVedanta Resources, the UK-based parent company of Indian miner Vedanta Ltd, plans to cut its debt by $3 billion over the next three years. ...
- Blackrock, ADIA, domestic funds hike stake in VedantaThe world's largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mut...
- Vedanta Resources to deleverage debt by USD 3 bn over 3 yearsThe company recently divested a significant portion of its shares through its promoter entity Finsider International, and set the stage for...
- S&P Global upgrades Vedanta Resources post maturity extensionsS&P Global has also raised its long-term issue ratings on the company's outstanding bonds due January 2024, August 2024, and March 2025 to ...
- Vedanta Resources cuts gross debt by USD 1 billionThe firm's gross debt now stands at USD 6.8 billion, down from USD 7.8 billion at the end of March 2023 and from USD 9.7 billion at the end...
- Vedanta Q3 Results: Net profit rises 27% to 4,189 croreAnil Agarwal-led Vedanta has reported a consolidated net profit of 4,189 crore during the December quarter of FY22, up 27% year-on-year, th...
- Fitch upgrades Vedanta Resources outlook to positiveFitch Ratings today revised the outlook on mining major Vedanta Resources to positive from stable citing strong market position.
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