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Business Line

Hindustan Zinc eyes expansion into zinc-based batteries

Vedanta-promoted will take a call by year-end

The Economic Times

Vedanta rises 1.4% as Sensex climbs

The stock traded at a P/E multiple of 33.77, while the price-to-book value ratio stood at 3.29.

CNBC TV18

Vedanta Alumina refinery functioning but environmental worries loom — Know its significance

Even as the Alumina unit is currently functioning, the fear is that environmental issues could return to haunt the company in case there is an escalation from here.

Mint

Stocks to Watch: Reliance Infra, JK Tyre, Vedanta, Adani Wilmar, Poly Medicure, and more

Here?s a quick look at stocks likely to be in focus in today's trade.

CNBC TV18

The Marketbuzz Podcast: Nifty consolidates but Bajaj Housing Finance may see more upside

Marketbuzz Podcast: Indian markets may see a subdued start according to the GIFT Nifty. Watch out for stocks like Bajaj Housing Finance, Vedanta, JK Tyre.

Business Standard

Stocks To Watch: M&M, LIC, Adani Wilmar, Trent, Vedanta

Stocks To Watch: Adani Enterprises and Wilmar International plan to sell a 13 per cent stake in their listed consumer joint venture, Adani Wilmar, to meet Indian shareholding norms.

Business Standard

Water storage breach in Odisha impacts agricultural areas, says Vedanta

Vedanta Aluminium is actively addressing the breach occurred on Sep 15 as extreme weather caused elevated water levels and pressure in the facility's catchment area, a Vedanta spokesperson said

CNBC TV18

Reliance Infra, TVS Motor, JK Tyre, Vedanta, Firstsource and more: Top stocks to watch out for on September 17

stocks to watch, Reliance Infrastructure, TVS Motor, JK Tyre & Industries, Vedanta, Firstsource Solutions and more, these are the stocks to watch for today.

CNBC TV18

Vedanta Aluminium responds to dam breach at Lanjigarh refinery in Odisha

Though no injuries or loss of livestock have been reported, agricultural areas were affected by the overflow. Shares of Vedanta Ltd ended at ₹446.25, down by ₹7.65, or 1.69%, on the BSE.

Business Standard

Nifty September futures trade at premium

Reliance Industries, Vedanta and LIC Housing Finance were the top traded contracts.

The Economic Times

Vedanta shares up 1.56% as Nifty gains

A total of 206,840 shares changed hands on the counter till 10:09AM (IST).

The Economic Times

Centre grants in-principle approval to oil and gas exploration in Assam's hoolock gibbon sanctuary

The Union environment ministry has approved the diversion of 4.50 hectares of forest land in Assam for oil and gas exploration by Vedanta Group's Cairn Oil & Gas. The project, located in the ecosensitive zone of Hoollongapar Gibbon Wildlife Sanctuary, aims to balance development with wildlife conservation efforts.

Mint

Vedanta Aluminium doubles down on value-added AL to cash in on India’s construction boom, EV drive

As Vedanta Aluminium prepares for a significant demerger, the company is focused on ramping up its production of high-margin, environmentally friendly aluminium products. This move comes at a time when domestic demand is expected to double.

Business Standard

Vedanta plans to expand nickel sulphate production, to tap overseas demand

Unlike Japan and South Korea, India's electric vehicle market is still in its nascent stage

Mint

Vedanta targets global EV market: Plans to expand nickel, nickel sulphate production

Vedanta, a leading Indian conglomerate, plans to expand its nickel and nickel sulphate production to cater to the growing demand for EV battery materials in Northeast Asia.

The Economic Times

Vedanta plans to expand nickel sulphate production, to tap overseas demand

Vedanta, an Indian metals-to-oil conglomerate, plans to increase its nickel and nickel sulphate production to meet the rising demand for EV battery materials in northeast Asia. The company has urged India's government to push Japan and South Korea to remove import duties on nickel sulphate. Vedanta aims to contribute to India's export targets and support cleaner technologies in transport.

Business Standard

Vedanta climbs 2% on demerger timeline update, first dollar-bond issue

Vedanta's demerger of its businesses into six separate entities is likely to be completed by the end of FY25, while its parent raised $900 million in its first dollar bond issue

The Economic Times

Vedanta shares up 1.29% as Nifty gains

A total of 175,353 shares changed hands on the counter till 10:40AM (IST).

Business Standard

Stocks To Watch: Tata Steel, APSEZ, Vedanta, BPCL, Nazara Technologies

Stocks To Watch: Tata Steel has secured a £500 million grant from the UK government for the green steel project at its Port Talbot facility.

Business Standard

Demerger of Vedanta's key businesses likely to happen by end of FY25

The demerger of mining conglomerate Vedanta Ltd's key businesses, including aluminium, into separate listed companies is expected by the end of FY25, a top official of the company said on Wednesday. Vedanta Ltd has filed an application for its demerger scheme before the National Company Law Tribunal (NCLT) after receiving a nod from lenders. Asked when is the demerger happening, John Slaven, CEO of aluminium business of Vedanta, said, "it's not within our control. It's the NCLT process. They typically take, I don't know, four to six months, to run that process. So by end of this fiscal year, by the end of this fiscal year (I see it happening)." Slaven was speaking during the launch of Vedanta Aluminum's two new products for power sector. The first product offers superior electrical conductivity, making it ideal for remelting. The second product is the electrical conductor grade wire rod, designed for winding strip applications with a balance of strength, conductivity, workability,

Business Standard

Vedanta Resources gets $900 mn via first dollar bond issue to prepay loans

Vedanta Resources, the parent firm of mining conglomerate Vedanta Ltd, on Wednesday raised USD 900 million in its first dollar bond issue in more than two years to prepay existing bonds. In a statement, the firm said it has raised UDS 900 million at a coupon rate of 10.875 per cent in the five-year US dollar-denominated bond. "The net proceeds from the offering of the bonds will be used to repay certain of Vedanta's existing bonds (including any accrued interest thereto) and to pay any related transaction costs in connection thereto," it said. This is the first US dollar bond issued by Vedanta since February 2021. The bond received final orders of USD 1.45 billion from investors across the globe representing an oversubscription of over 1.6 times, reinforcing the confidence of these investors in the Vedanta story, the statement said. "The final allocation of the bonds represented the broad-based support which Vedanta enjoys, including 41 per cent from Asia, 24 per cent from EMEA an

Business Standard

Vedanta urges govt to talk with Japan, S Korea to end nickel sulphate duty

Vedanta and some smaller firms turn nickel ores imported primarily from Australia, Indonesia and Turkey into nickel sulphate before shipping it to South Korea, Japan and other countries

The Economic Times

Demerger of Vedanta likely by end of FY25: Top official

Vedanta Ltd's demerger of its key businesses, including aluminium, into separate listed companies is expected by the end of FY25. The company has filed an application with the National Company Law Tribunal after receiving lender approval. This move aims to simplify Vedanta's corporate structure and offer direct investment opportunities in pure-play companies.

The Economic Times

Vedanta Resources raises $900 million via dollar bonds

UK-based Vedanta Resources, parent of India's Vedanta, has raised $900 million in its first dollar bond issue in more than two years at a coupon of 10.875%, the miner said on Wednesday.

Business Line

Vedanta Resources raises $900 million via bond issuance

Vedanta is confident of continuing to provide market-leading returns to all global and domestic investors in coming days, said CFO of Vedanta

The Economic Times

Vedanta urges India to push Japan, South Korea to remove import tax on an EV battery component

Vedanta has asked the Indian government to push Japan and South Korea to eliminate import duties on nickel sulphate used in EV batteries. Vedanta, which imports nickel ores and converts them into nickel sulphate, aims to boost exports due to low domestic demand. Nickel is critical for India's clean technology goals.

The Economic Times

Vedanta Resources gets offers of $1.6 bn for bond issue

Vedanta Resources has launched a dollar bond issue at a final price guidance of 10.875%, with an order book of $1.6 billion. The proceeds will refinance bonds due in 2027 and 2028, potentially reducing funding costs by over 300 basis points. The bonds are rated B- by S&P and have a five-year tenure.

Business Standard

HZL supplies zinc to country's heaviest transmission steel pole structure

Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said it has supplied zinc for the country's heaviest transmission steel pole structure weighing over 200 metric tonnes. The company said that its top-quality zinc has been used in the galvanization process for the transmission steel pole structure. The 400 kV (kilovolts) dual pole structure standing approximately 57 meters tall, underwent galvanisation process utilising a mix of Hindustan Zinc's low-dross jumbo special high grade zinc and special high grade (SHG) zinc ingots. The structure, designed and manufactured by Skipper Ltd, is part of the 400 kV Quad Moose DC Transmission Lines Project under the proposed Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh, Hindustan Zinc said in a statement.

The Economic Times

Vedanta supplied zinc to India's heaviest transmission steel pole structure

Hindustan Zinc Ltd has supplied zinc for India's heaviest transmission steel pole structure, weighing over 200 metric tonnes. The 400 kV dual pole structure, standing approximately 57 meters tall, is part of the Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh. The galvanization process used Hindustan Zinc's high-grade zinc ingots.

The Economic Times

Vedanta Aluminium appoints David Stone as CEO-coal mines

Vedanta Aluminium has appointed David Stone as CEO of coal mines to oversee its coal mining operations. Stone will focus on optimizing resource efficiency and sustainable mining practices. Vedanta Aluminium operates five coal mines with a combined capacity of 40 million tonnes per annum, aiming for backward integration and cost reduction.

The Economic Times

SBI Life, Vedanta among 5 stocks with short buildup

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment.

Business Standard

Dividend, Bonus, Buyback: Vedanta among 9 stocks to turn ex-date today

Here is the list of stocks that will trade ex-dividend today for the purpose of dividend, rights issue, bonus issue, and share buyback

The Economic Times

Shares of Vedanta fall as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 354.78.

CNBC TV18

Dividend, Stock Split, Buyback Record Dates: Vedanta payout among other corporate actions this week

From Vedanta' dividend payout to Jai Corp's share buyback, these are the corporate actions to watch out for this week.

Mint

Vedanta to progress from asset manager to asset owners, says chairman Anil Agarwal

Vedanta will progress from being asset manager to asset owner with demerger: Anil Agarwal

Mint

Dividend Stocks: Vedanta, Gujarat Gas, Harsha Engineering, among others to trade ex-dividend next week; Full list here

Dividend Stocks: Several companies, including Hisar Metal Industries, Jindal Worldwide, and Strides Pharma Science among others are trading ex-dividend in the coming week.

The Economic Times

Vedanta, BEML, among 140 stocks to remain in focus next week for dividend, bonus, split. Do you own any?

The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.

Mint

Can Vedanta investors expect another 10,000% dividend in FY25?

After paying a record 10,150% dividend in FY24, the company has already declared or paid three dividends amounting to 1,100%, 400% and 2,000% in FY25.

The Economic Times

Vedanta shares gain 2% after long-term ratings upgrade from ICRA

Vedanta Share Price: Vedanta shares climbed 2% after ICRA upgraded the company’s long-term ratings. This upgrade was based on the anticipated improvement in Vedanta's credit metrics.

The Economic Times

Vedanta shares rise 1.6% as Nifty drops

The stock quoted a 52-week high price of Rs 506.85 and a 52-week low of Rs 207.85.