Vedanta Limited Latest News and Stock Analysis

Vedanta Limited Latest News and Stock Analysis


Vedanta Latest Trading Price

NSE Jun 11, 10:00 105.55 -0.55 (-0.52%) Volume 2,878,514

Vedanta Finance

QuarterlyMAR 2020MAR 2019
Net Profit-12,083.003,218.00

Current Scenario in Vedanta

Vedanta company’s Market Capital valuation was around Rs 32,000 crore when Chairman Anil Agarwal an Board decided to delist the company, as promoter own about half of the stake in company and other half can be bought at Rs 16,000 crore only.

Latest News in Vedanta

Vedanta booked Rs 12,000 crore loss in Q4, 2020.

  • Sources says that this loss booking is said to be one of company’s reason to get company de list at good price and easily. But this point is not validated by any official source.
  • Exceptional Items booked Rs -17,000 crore. It’s a non-business category, meaning loss not related to business of company. This loss is due to Impairment is assets valuation, meaning company claims that the assets value was incorrectly valued earlier. That is why in balance sheet assets values is reduced and shown as loss in quarter.
  • Due to this loss booking and reduction in assets value new Book Value is reduced from Rs 185 to Rs 146.
  • Due the lowed Book Value now shareholder power to bargain for better price at time of de listing is also reduced.

Anil Agarwal Vedanta Chairman Anil Agarwal Writes To PM Modi

  • Requested to open operations in Thoothukudi Sterlite Plant. Plant is closed since 2018.
  • Mentioned Pakistan is Gaining At India’s Cost. As, Pakistan’s copper shipments to China increased to $550 million last year, up 400 per cent from $106 million three years ago.
  • over $1.2 billion in precious foreign exchange was lost in (import) payments ie loss of around Rs 40,000 crore

Disclaimer: These is only for educational purpose don’t use this information for investment, contact your financial advisor and make your own assessment before making any investment.


Vedanta Limited Latest News and Stock Analysis

Leave a Comment

Your email address will not be published.