Today, in this post we’ll discuss about Vedanta latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
Based on the report by the news agency Bloomberg, Vedanta Limited (NSE: VEDL) is going to seek to raise funds through bonds.
JPMorgan is working with Chase & Co to raise Rs 2,500 crore (about $300 million) through rupee-denominated bonds. The money is used to pay back the loan and other programs
According to sources, the financing solutions department of JP Morgan is headed by Nitin Rungta.
He is contacting investors on behalf of Vedanta Limited. According to news – the duration of the bond will be between three to five years.
Vedanta Limited will use the amount received from the bond for its business activities.
A spokesperson of Vedanta Limited said that the company is continuing to refinance and capital-raising activities.
The company aims to reduce its debt. Earlier this month, a committee of directors of Vedanta Limited had approved a plan to raise Rs 2,500 crore through private placement of non-convertible bonds.
About Vedanta Ltd
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 segment consists of a refinery as well as an electric power plant that is captive at Lanjigarh as well as a smelter. an energy-based thermal coal captive power facility in Jharsuguda located inside Odisha, a State of Odisha in India.
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 developing, exploring, and extracting 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 | ₹ 1,37,686 Cr. |
| Current Price | ₹ 371 |
| 52-wk High | ₹ 384 |
| 52-wk Low | ₹ 208 |
| Stock P/E | 27.6 |
| Book Value | ₹ 85.0 |
| Dividend | 27.4 % |
| ROCE | 21.2 % |
| ROE | 20.4 % |
| Face Value | ₹ 1.00 |
| P/B Value | 4.36 |
| OPM | 24.6 % |
| EPS | ₹ 12.8 |
| Debt | ₹ 75,064 Cr. |
| Debt to Equity | 2.38 |
Vedanta 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 | 10.59% |
| 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 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 | 1.68 |
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 Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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