Vedanta Ltd (NSE: VEDL): According to bulk deal data released by BSE, Finsider International Company has sold 6.55 crore shares or 1.76 percent stake in Anil Aggarwal’s Vedanta Limited. The exchange has not released the names of the buyers.
Vedanta shares closed 4 percent lower at ₹268 per share on the BSE on Thursday. The stake was offered for sale through Finsider International Company Limited, an entity that promotes shares, at an average cost in the range of Rs265.14 for each share. Which is a discount of 5 percent on Wednesday’s price.
Finsider International Company got Rs 1,737 crore from the stake sale. The company is a part of the promoter group, which owned a 4.40 percent stake up to December 31st.
Vedanta Has A Debt Of About $6.4 Billion
Media reports suggested that the promoters sought to offer a share of $1 billion to Rajiv Jain’s investment company GQG Partners. The stake sale comes at a time when Vedanta has a debt of about $6.4 billion, which includes payment of $4.5 billion due by financial year 2025.
As of December 20, 2023, the promoter and the group owned a total of 63.71 percent stake in Vedanta. In the last year in the past year, the portfolio investment fund of foreign investors GQG.
Partners have boosted the stake it holds in Indian businesses, such as Adani Ports and GMR Airport Infrastructure.
About Vedanta Ltd Company
Vedanta Ltd. is a company that deals in natural resources and focuses on mining, exploration, and processing of oil, minerals, or gas-related properties.
It is a company that operates in four segments: Copper Aluminum, Iron Ore, Power as well as Oil and Gas.
The segment for Copper concentrates on custom smelting and includes a copper smelter refinery, a phosphoric acid plant sulfuric acid plant as well as a copper rod facility, and three captive power plants.
This Iron Ore segment explores, mines, and refines iron ore, pig iron, and coke that is metallurgical.
The Power section is comprised of 600 MW of thermal commercial power facility based on coal located at Jharsuguda within Odisha, a State of Odisha in Eastern India.
The Oil and Gas segment is involved in the development, exploration, and extraction of gas, and oil.
This company was established on the initiative of Anil Kumar Agarwal, who was born on the 25th of June 25, 1965. It is located in Panaji, India.
Fundamental Analysis of Vedanta Ltd
| Market Cap | ₹ 99,361 Cr. |
| Current Price | ₹ 267 |
| 52-wk High | ₹ 318 |
| 52-wk Low | ₹ 208 |
| Stock P/E | 20.0 |
| Book Value | ₹ 85.0 |
| Dividend | 38.1 % |
| ROCE | 21.2 % |
| ROE | 20.4 % |
| Face Value | ₹ 1.00 |
| P/B Value | 3.22 |
| OPM | 24.6 % |
| EPS | ₹ 12.8 |
| Debt | ₹ 75,064 Cr. |
| Debt to Equity | 2.38 |
Vedanta Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 312 | ₹ 395 |
| 2025 | ₹ ₹440 | ₹ 520 |
| 2026 | ₹ 585 | ₹ 632 |
| 2027 | ₹ 700 | ₹ 742 |
| 2028 | ₹ 800 | ₹ 841 |
| 2029 | ₹ 890 | ₹ 940 |
| 2030 | ₹ 1025 | ₹ 1124 |
Vedanta Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 69.68% |
| Mar 2023 | 68.11% |
| June 2023 | 68.11% |
| Sept 2023 | 63.71% |
| Dec 2023 | 63.71% |
| FII Holding | |
| Dec 2022 | 7.90% |
| Mar 2023 | 7.89% |
| June 2023 | 7.48% |
| Sept 2023 | 7.82% |
| Dec 2023 | 7.74% |
| DII Holding | |
| Dec 2022 | 11.05% |
| Mar 2023 | 10.20% |
| June 2023 | 9.98% |
| Sept 2023 | 10.59% |
| Dec 2023 | 11.19% |
| Govt. Holding | |
| Dec 2022 | 0.07% |
| Mar 2023 | 0.07% |
| June 2023 | 0.07% |
| Sept 2023 | 0.07% |
| Dec 2023 | 0.07% |
| Public Holding | |
| Dec 2022 | 11.07% |
| Mar 2023 | 13.63% |
| June 2023 | 14.29% |
| Sept 2023 | 17.74% |
| Dec 2023 | 17.23% |
| Others Holding | |
| Dec 2022 | 0.22% |
| Mar 2023 | 0.11% |
| June 2023 | 0.08% |
| Sept 2023 | 0.08% |
| Dec 2023 | 0.06% |
Vedanta Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 92,048 Cr |
| 2020 | ₹ 84,447 Cr |
| 2021 | ₹ 88,021 Cr |
| 2022 | ₹ 132,732 Cr |
| 2023 | ₹ 146,149 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 9,698 Cr |
| 2020 | ₹ -4,744 Cr |
| 2021 | ₹ 15,032 Cr |
| 2022 | ₹ 23,710 Cr |
| 2023 | ₹ 8,393 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.93 |
| 2020 | 1.08 |
| 2021 | 0.8 |
| 2022 | 0.81 |
| 2023 | 0.68 |
Last 10 Years’ Profit Growth:
| 10 Years: | 17% |
| 5 Years: | 4% |
| 3 Years: | -10% |
| Current Year: | -65% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 14% |
| 5 Years: | 21% |
| 3 Years: | 24% |
| Last Year: | 20% |
Sales Growth Over 10 Years:
| 10 Years: | 49% |
| 5 Years: | 10% |
| 3 Years: | 20% |
| Current Year: | -2% |
Conclusion
This article is a complete guide about Vedanta Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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