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’…
Metal major Vedanta on Friday reported a 59% decline in its consolidated Q2 net profit at Rs 1,798 crore, compared to Rs 4,352 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s total revenue from operations for the quarter stood at Rs 39,868 crore,…
Shares of Hindalco and Vedanta gained up to 2% during Tuesday’s trading session amid a surge in trade volumes and an optimistic outlook among traders toward the steel sector. The Nifty Metal Index rose 1.10%, adding 114.85 points to trade at 10,582 around 10 am, compared to its previous close of 10,467.15. Among the constituents,…
Vedanta Dividend: Vedanta Ltd on Thursday announced a second interim dividend of Rs 16 per share for FY26, after market hours. The record date for the payout has been set for August 27, 2025, the company stated in an exchange filing. The dividend declaration came after the conclusion of the company’s board meeting later in the…
Stock Market Opening: Despite mixed signals from global markets, Indian equity indices opened flat on Tuesday, August 19. The Sensex was up 94.98 points or 0.12 per cent at 81,368.73, while the Nifty gained 24.45 points or 0.10 per cent to 24,901.40 in early trade. Nifty Bank, IT, Metal and FMCG traded higher. Broader market indices…
Several companies have consistently rewarded shareholders with healthy dividend payouts over the last three financial years, according to data from SBI Securities. The dividend yield, calculated using closing stock prices as of 31st July 2025, reflects the companies’ commitment to returning value to investors across FY22, FY23, and FY25/24. Here’s the list: Source link