Vedanta Ltd. share price target

*over or under performance to benchmark index Vedanta's financial performance was moderate in Q1FY26, characterised by commodity price volatility and changing global trade dynamics. Despite the macro headwinds, domestic demand was strong, helping support market premiums. Margins were strong across key businesses, driven by operational excellence and cost discipline. The company's commitment to deleveraging and improving its capital efficiency, along with a robust business model, strong governance framework and transparent disclosures,...

VED reported a steady Q4FY25 with EBITDA of Rs116.2bn (+4.5% vs Emkay; +3.0% QoQ); the performance was mainly led by sequentially better profitability in its Aluminium and Zinc India businesses.

Vedanta (VEDL) reported consolidated net sales of INR405b (+14% YoY and +3% QoQ), in line with our estimates. The QoQ growth was driven by favorable market prices and higher premiums.

Vedanta Limited - Company Update - Demerger (Not Rated)

We resume coverage on Vedanta (VEDL) with a BUY rating. We see VEDL weaving its growth story around two ‘Vs’ and one ‘C’ viz. volume, value, and cost reduction–across segments.

Vedanta (VEDL) posted consol. net sales of INR358b (+6% YoY/flat QoQ), in line with our estimate. The growth was driven by favorable market prices.

Post the recent rally in the share prices, timely execution of the growth and backward integration projects, progress on strategic actions/demerger and headway towards deleveraging will assume further importance for the stock performance in future.

VEDL is continuously striving to reduce costs across its businesses through
backward integration, operational efficiencies, and captive power usage (including renewables).

Consensus from 14 analysts on Vedanta stock is Hold, with a share price target of Rs. 254.2