Vedanta’s share price took a sharp hit in early morning trade on April 4, slipping nearly 6%. The stock hit an intraday low of Rs 414.35, pulling back sharply as the broader market also opened weak, with the Sensex down 1%.
While other metal stocks also came under pressure, Vedanta underperformed the Nifty Metal index, which fell around 4% during the same window.
Let’s take a look at the key development of the company in recently –
Vedanta: Record output, Yet market reaction turns bearish
Interestingly, the price dip came just a day after the company reported record-breaking production across several business verticals for the March quarter and FY25.
For the quarter and financial year ending March 31, 2025, Vedanta reported record highs in aluminium and zinc production. The company also logged strong growth in oil, gas, steel, iron ore, and power sales. But clearly, the market had other priorities.
Vedanta: The demerger- delayed, But on track
The buzz around Vedanta’s much-anticipated demerger into five standalone companies continues. Initially planned for completion by March 31, 2025, the deadline has now been extended to September 30, 2025, as the company awaits approvals from the NCLT and other authorities. The breakup will look like:
- Vedanta Aluminium Metal
- Vedanta Oil and Gas
- Vedanta Power
- Vedanta Steel and Ferrous Materials
- Vedanta (will continue with base metals)
Vedanta: Big bets, Big budget – $20 billion expansion plan
In April 2025, Vedanta made headlines with its $20 billion investment plan, spread over the next three years to grow across its core sectors – aluminium, copper, zinc, steel, oil & gas, and power.
To manage debt and fund its expansion, Vedanta has set aside Rs 30,000 crore from a mix of institutional placements, dividends, and cash reserves.
Vedanta share performance so far
Vedanta’s share price has been on a volatile ride in recent times. In today’s trading session, the stock continued to trade lower, extending its weak momentum. Over the past five days, the stock has declined by around 10%, while it registered a marginal gain of 2% over the last one month.
On a six-month basis, Vedanta’s share price has dropped by approximately 18%. However, on a year-on-year basis, the stock has delivered a strong gain of 34%. So far in 2025, the stock is down nearly 7% on a year-to-date (YTD) basis.
Currently, the share price is fluctuating between its 52-week high of Rs 526.95 and its 52-week low of Rs 301.70. Vedanta’s market capitalisation stands at around Rs 1.55 lakh crore.