India’s private Vedanta Limited provides electricity, oil, and metallurgy services. It now operates mines in Goa, Rajasthan, Karnataka, and Orissa, making it one of the largest companies in the metallurgical sector of India. D.P. It has a number of notable subsidiaries, such as Bharat Aluminium Company, Hindustan Zinc, and Cairn India, among others.
Vedanta Share Price Target 2024-2030
Vedanta Ltd. is a company that explores, mines, and refines oil and gas, minerals, and other natural resources. Zinc, the sale of lead, silver, iron, copper, aluminum, oil, and natural gas are also included. India, Namibia, Ireland, Liberia, and the United Arab Emirates all have it. The construction of commercial power plants, steel production and harbor management facilities in India, as well as glass substrate factories in South Korea and Taiwan, are additional activities of the company. Malaysia comes after it with 9%, then, at that point, come China (3%), UAE (1%) just has 22%.
Vedanta Share Price Target Today Update
When investing in shares, smart decisions must be made based on extensive research and expert evaluation. You are in the right place if you are thinking about Vedanta shares. From 2024 to 2030, this blog will provide specific insights into the Vedanta percent price reason. Our evaluation is primarily based on the employer’s growth, average performance, and future possibilities to ensure that you have received the information you need to make an informed funding decision.
What Is Vedanta?
Vedanta, which was established in 1979, operates in a variety of industries, including electricity, metals, iron ore, zinc-lead-silver, copper, and aluminum, as well as oil and fuel. Vedanta is one of the most basic regular property enterprises in India. It plays a significant situation in the business and monetary improvement. Vedanta’s operations, which eventually span multiple nations, significantly contribute to the company’s sales and expansion.
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Vedanta Latest News
- Since the stock market opened today, Vedanta’s share price has dropped significantly by 7%. The VEDL NSE Stock decreased by -19.30 percent, going from Rs 268 to Rs 251. This is a direct result of the news reports of SEBI requesting Vedanta Limited to pay Rs 78 crores to Cairn UK over the postponed profit installment issue.
- Vedanta Limited subsidiary Vedanta Resources is planning to deleverage its remarkable obligation by as much as 3 Billion US dollars throughout the following three years. After a meeting with senior analysts and other members who were concerned, the report was released.
- Vedanta Limited launched the social media campaign #TheFutureOfMetal on March 8 in an effort to commemorate Women’s Day and promote women’s empowerment. This campaign aims to encourage women to enter the mining and metals industries.
Vedanta Business Profile
The following are the company’s production volumes in FY22: The company has had excellent operations diversification across several commodity segments.
- Market Presence: India, Namibia, South Africa, UAE, Australia, and Ireland are where The Co. works. Vedanta is now India’s sole nickel producer thanks to its successful acquisition of a Goa nickel and cobalt plant.
- Zinc, Lead & Silver: It runs its Indian Zinc operations through the subsidiary Hindustan Zinc Ltd. (HZL), in which it owns a 65% stake. It is additionally significant that HZL is as of now India’s biggest maker of essential zinc and expected to order around 80% portion of the overall industry come 2022. The commissioning of the 3000 KLD Zero Liquid discharge (RO-ZLD) plant at Zinc Smelter Debari marked a significant achievement.
- Oil & Gas: India’s biggest confidential area raw petroleum maker is The Co. It supplies about 25% of the country’s crude oil production.
Aluminum Business
With 2.3 million metric tons per annum (mtpa), Vedanta has installed the most aluminum in India. In the form of a refinery with a captive power plant in Lanjigarh and a smelter with captive power plants in Jharsuguda, both in Odisha, it controls 47% of the market for primary aluminum producers in India.
- Power Segment: Talwandi Sabo Power Ltd (TSPL), the company’s main power project, is in Punjab. With the Punjab State Electricity Board, the company has a 25-year long power purchase agreement.
- Iron Ore Segment: Vedanta is one of the largest Indian private iron ore miners. It has iron mineral plants in Goa and Karnataka. In Karnataka, this company’s annual iron ore business capacity is 5.9 million tonnes per annum (Mtpa). Be that as it may, Goa tasks were ended due to a statewide court request.
Copper Business
The plant in Silvassa has a refinery, a rod mill, and a processing plant for 133000 MT of secondary and blister material. This plant is used to refine copper to 216000 tpa and has the potential to produce 258000 tpa. It also operates copper mines in Tasmania, Australia. Some of these mines are currently being looked after but are not in use, and others are being evaluated to see if they can be reopened.
Upcoming Growth Projects
In the Oil & Gas sector, the company has budgeted $687 million for new growth capex projects. Over the course of two years, the Aluminum segment’s growth capex will amount to $1.4 billion. By the third quarter of FY24, it will have increased its aluminum capacity to 3 MTPA, increased its alumina capacity to 6 MTPA, and made three coal mines fully operational by that time.
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Vedanta Fundamentals & Quarterly Results
| Metric | Value |
| Market Cap | ₹ 1,64,988 Cr. |
| Current Price | ₹ 444 |
| High / Low | ₹ 507 / 208 |
| Stock P/E | 44.8 |
| Book Value | ₹ 82.6 |
| Dividend Yield | 6.63 % |
| ROCE | 20.9 % |
| ROE | 10.5 % |
| Face Value | ₹ 1.00 |
| Debt to Equity | 2.85 |
| Debt Capacity | 0.12 |
| Debt Preceding Year | ₹ 80,329 Cr. |
| Debt | ₹ 87,706 Cr. |
| Reserves | ₹ 30,350 Cr. |
| EPS | ₹ 11.4 |
| EPS Last Year | ₹ 11.4 |
| Pledged Percentage | 100.0 % |
| FCF Prev Ann | ₹ 19,411 Cr. |
| EV/EBITDA | 6.56 |
| Industry PE | 23.5 |
| PEG Ratio | -3.77 |
| Piotroski Score | 4.00 |
| Earnings Yield | 10.8 % |
| Sales Growth (5 Years) | 9.32 % |
Vedanta Quarterly Results
| Period | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| Sales (₹ Cr) | 39,822 | 38,622 | 36,654 | 34,102 | 37,930 | 33,733 | 38,945 | 35,541 | 35,509 |
| Expenses (₹ Cr) | 26,189 | 28,425 | 28,955 | 27,035 | 28,471 | 27,313 | 27,466 | 27,010 | 26,741 |
| Operating Profit (₹ Cr) | 13,633 | 10,197 | 7,699 | 7,067 | 9,459 | 6,420 | 11,479 | 8,531 | 8,768 |
| OPM % | 34% | 26% | 21% | 21% | 25% | 19% | 29% | 24% | 25% |
| Other Income (₹ Cr) | 275 | 733 | 931 | 1,619 | -631 | 2,326 | 1,863 | 779 | 383 |
| Interest (₹ Cr) | 1,333 | 1,206 | 1,642 | 1,572 | 1,805 | 2,110 | 2,523 | 2,417 | 2,415 |
| Depreciation (₹ Cr) | 2,379 | 2,464 | 2,624 | 2,720 | 2,765 | 2,550 | 2,642 | 2,788 | 2,743 |
| Profit before tax (₹ Cr) | 10,196 | 7,260 | 4,364 | 4,394 | 4,258 | 4,086 | 8,177 | 4,105 | 3,993 |
| Tax % | 29% | 23% | 38% | 30% | 26% | 19% | 111% | 30% | 43% |
| Net Profit (₹ Cr) | 7,261 | 5,593 | 2,687 | 3,091 | 3,132 | 3,308 | -915 | 2,868 | 2,275 |
| EPS in ₹ | 15.60 | 11.89 | 4.86 | 6.63 | 5.06 | 7.10 | -4.80 | 5.42 | 3.68 |
CAGR Report
| Metric | Value |
| Compounded Sales Growth | |
| 10 Years | 8% |
| 5 Years | 9% |
| 3 Years | 18% |
| TTM | -2% |
| Compounded Profit Growth | |
| 10 Years | -5% |
| 5 Years | -12% |
| 3 Years | -33% |
| TTM | -66% |
| Stock Price CAGR | |
| 10 Years | 4% |
| 5 Years | 23% |
| 3 Years | 21% |
| 1 Year | 60% |
| Return on Equity | |
| 10 Years | 14% |
| 5 Years | 22% |
| 3 Years | 22% |
| Last Year | 10% |
Vedanta Shareholding Pattern
| Shareholding Pattern | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2024 |
| Promoters | 50.14% | 50.14% | 50.14% | 55.11% | 69.69% | 68.11% | 61.95% | 59.31% |
| FIIs | 18.05% | 16.45% | 15.18% | 16.27% | 9.35% | 7.89% | 8.77% | 10.23% |
| DIIs | 13.02% | 18.70% | 18.79% | 11.62% | 11.60% | 10.20% | 13.15% | 14.78% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.07% | 0.07% |
| Public | 18.54% | 14.31% | 15.51% | 16.67% | 9.13% | 13.63% | 15.86% | 15.41% |
| Others | 0.25% | 0.40% | 0.39% | 0.33% | 0.23% | 0.11% | 0.18% | 0.18% |
| No. of Shareholders | 4,94,993 | 6,07,162 | 7,31,363 | 5,86,557 | 7,43,582 | 14,11,551 | 17,85,798 | 17,92,821 |
Vedanta Share Price Target 2024-2030 Forecast
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹574 | ₹711 | ₹793 |
| 2025 | ₹810 | ₹762 | ₹909 |
| 2026 | ₹927 | ₹872 | ₹1041 |
| 2027 | ₹1062 | ₹998 | ₹1191 |
| 2028 | ₹1215 | ₹1142 | ₹1364 |
| 2029 | ₹1391 | ₹1307 | ₹1560 |
| 2030 | ₹1591 | ₹1495 | ₹1785 |
Vedanta Share Price Target 2025
| Month | Target |
| January | ₹810 |
| February | ₹826 |
| March | ₹843 |
| April | ₹815 |
| May | ₹788 |
| June | ₹762 |
| July | ₹792 |
| August | ₹824 |
| September | ₹857 |
| October | ₹874 |
| November | ₹891 |
| December | ₹909 |
Vedanta Share Price Target 2026
| Month | Target |
| January | ₹927 |
| February | ₹946 |
| March | ₹965 |
| April | ₹933 |
| May | ₹902 |
| June | ₹872 |
| July | ₹907 |
| August | ₹943 |
| September | ₹981 |
| October | ₹1001 |
| November | ₹1021 |
| December | ₹1041 |
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Vedanta Share Price Target 2027
| Month | Target |
| January | ₹1062 |
| February | ₹1083 |
| March | ₹1105 |
| April | ₹1068 |
| May | ₹1032 |
| June | ₹998 |
| July | ₹1038 |
| August | ₹1080 |
| September | ₹1123 |
| October | ₹1145 |
| November | ₹1168 |
| December | ₹1191 |
Vedanta Share Price Target 2028
| Month | Target |
| January | ₹1215 |
| February | ₹1239 |
| March | ₹1264 |
| April | ₹1222 |
| May | ₹1181 |
| June | ₹1142 |
| July | ₹1188 |
| August | ₹1236 |
| September | ₹1285 |
| October | ₹1311 |
| November | ₹1337 |
| December | ₹1364 |
Vedanta Share Price Target 2029
| Month | Target |
| January | ₹1391 |
| February | ₹1419 |
| March | ₹1447 |
| April | ₹1399 |
| May | ₹1352 |
| June | ₹1307 |
| July | ₹1359 |
| August | ₹1413 |
| September | ₹1470 |
| October | ₹1499 |
| November | ₹1529 |
| December | ₹1560 |
Vedanta Share Price Target 2030
| Month | Target |
| January | ₹1591 |
| February | ₹1623 |
| March | ₹1655 |
| April | ₹1600 |
| May | ₹1547 |
| June | ₹1495 |
| July | ₹1555 |
| August | ₹1617 |
| September | ₹1682 |
| October | ₹1716 |
| November | ₹1750 |
| December | ₹1785 |
Final Words
Vedanta Limited is a main worldwide regular assets organization with a different portfolio, including zinc, lead, silver, copper, iron metal, aluminum, power, and oil and gas. Vedanta Limited, which has its headquarters in Mumbai, India, conducts business on a number of continents and has a significant presence in India and Africa. Vedanta has established itself as a major player in the mining and metals industry since its founding in 1976. The company is committed to sustainable development, with an emphasis on reducing its impact on the environment and enhancing the well-being of the community.
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