Share Name Share Symbol Market Type Share ISIN Share Description
Vedanta Resources LSE:VED London Ordinary Share GB0033277061 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +18.00p +1.93% 951.00p 947.00p 948.50p 964.00p 923.00p 931.50p 1,197,876.00 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 7,474.2 -3,469.1 -463.4 - 2,569.49

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Date Time Title Posts
08/12/201614:06Vedanta - Indian Mining Co.7,735.00
21/10/201615:12Vedanta with Charts & News47.00
11/2/201616:08 V-D-A-N_TA13.00
30/7/201517:54Vedanta Resources24.00
23/5/201215:39vedanta2.00

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Vedanta (VED) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:48:26949.533,89136,946.23NT
16:45:52944.9314,440136,447.89NT
16:43:41951.7322,452213,682.42NT
16:35:27951.00134,3531,277,697.03UT
16:30:34947.509468,963.35O
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Vedanta (VED) Top Chat Posts

DateSubject
08/12/2016
08:20
Vedanta Daily Update: Vedanta Resources is listed in the Mining sector of the London Stock Exchange with ticker VED. The last closing price for Vedanta was 933p.
Vedanta Resources has a 4 week average price of 848p and a 12 week average price of 707.86p.
The 1 year high share price is 964p while the 1 year low share price is currently 195.90p.
There are currently 270,188,747 shares in issue and the average daily traded volume is 1,020,457 shares. The market capitalisation of Vedanta Resources is £2,569,494,983.97.
30/10/2016
12:56
smurfy2001: Vedanta Limited Q2 net profit rise10 per cent Vedanta Limited, India's largest non-ferrous metal company, today announced a 10 per cent rise in its net profit for the second quarter ended September owing to reasons like higher metal prices, improved cost efficiencies at Aluminium business and ramp up of volumes in the Power business. New Delhi: Vedanta Limited, India's largest non-ferrous metal company, today announced a 10 per cent rise in its net profit for the second quarter ended September owing to reasons like higher metal prices, improved cost efficiencies at Aluminium business and ramp up of volumes in the Power business. Vedanta Ltd's net profit stood at Rs 2,277.9 crore for the quarter ended 30 September as compared to Rs 2,057.5 crore in the same period a year ago. “We have made significant progress in operations and working capital initiatives, we maximised free cash flow. We have substantially reduced our debt and remain focused on strengthening our balance sheet," said Tom Albanese, Chief Executive Officer, Vedanta Limited. The total income of the company dipped marginally to Rs 16,777.68 crore compared to Rs 17,528.87 crore last year. "Simplifying the group structure continues to be a priority, and the Cairn India - Vedanta Limited merger remains on track for completion in first quarter of 2017,” the Vedanta CEO added. Vedanta also posted free cash flow growth capex of Rs 2,613 crore driven by operating performance and working capital initiatives. The free cash flow lead to a strong financial position with total cash and liquid investments of Rs 54,833 crore and net debt reduction of Rs 2,259 crore. Vedanta, Sterlite Energy's parent company also attributed it's good performance on the capitalization of the 3rd unit of Talwandi Sabo Power Limited's (TSPL) 660 Megawatt unit. Vedanta Limited, a subsidiary of London listed Vedanta Resources, The company with it's headquarters in also announced interim dividend of Rs. 1.75 per share. The company's share price at the Bombay Stock Exchange (BSE) today closed at Rs 201.55 up 1.10 per cent over previous close. hTtp://energy.economictimes.indiatimes.com/news/power/vedanta-announces-q2-net-profit-rise-of-10-per-cent/55115375
31/7/2016
19:01
linton5: Check out the goings on at Tsg end of last week,ufg asset management took Ashanti,s 20%shareholding so they now have 80% and a director bought 5million odd to take him to6%. There banking big on golds next leg up,share price should be 70p anyway it was that in 2010 when gold was 1380
28/2/2016
00:15
creddy: I don't think this news is catalyst for share price increase on mon. Its not earnings enhancing in the short term, couple years before mine becomes productive. Likely to be a drain on capex during that time.
22/1/2016
20:58
temmujin: results on 29th VED Vedanta Resources. http://content.screencast.com/users/marketsniper/folders/Default/media/01e6294c-bc8f-4a32-81a7-c5b8456d5705/ved.jpg Oil has ‘definitely’ bottomed: Vedanta Resources Katy Barnato 1 Hour Ago CNBC.com As crude oil prices rally back above $30 per barrel, the chairman of India's Vedanta Resources told CNBC that the only way for the commodity was up. "Definitely we are at the bottom, but in India a lot more has to happen. The (new) Modi government has come and people have a lot of expectations. The sense of urgency has come," Anil Agarwal, the group chairman of the London-listed commodities giant told CNBC on Friday from the World Economic Forum in Davos, Switzerland. Agarwal added that low prices were "hurting everybody," but that Vedanta was advantaged by being diversified across commodities including oil, copper, iron ore and aluminium. U.S. light (WTI) crude futures rallied by around 4 percent early on Friday to trade above $30 a barrel, having plummeted to 2003 lows below $27 a barrel on Wednesday. Oil prices have plummeted since mid-2014 by around 70 percent due to a worsening supply-demand gap. The U.S. and Iraq have increasedproduction, while the OPEC group of oil-producing countries has held supply. Meanwhile, demand growth for energy has slowed, largely due to the deceleration in the Chinese economy. The International Energy Agency warned on Tuesday that continued oversupply would put extra strain on the market. The rout in oil prices has hit commodity producers like Vedanta Resources hard. Its share price has declined by around 22 percent this year. Vedanta's oil and gas operations comprise of the assets of Cairn India in India, Sri Lanka and South Africa. Vedanta Resources has revenue of around $13 billion.
22/1/2016
07:59
market sniper3: VED Vedanta Resources. Oil has ‘definitely217; bottomed: Vedanta Resources Katy Barnato 1 Hour Ago CNBC.com As crude oil prices rally back above $30 per barrel, the chairman of India's Vedanta Resources told CNBC that the only way for the commodity was up. "Definitely we are at the bottom, but in India a lot more has to happen. The (new) Modi government has come and people have a lot of expectations. The sense of urgency has come," Anil Agarwal, the group chairman of the London-listed commodities giant told CNBC on Friday from the World Economic Forum in Davos, Switzerland. Agarwal added that low prices were "hurting everybody," but that Vedanta was advantaged by being diversified across commodities including oil, copper, iron ore and aluminium. U.S. light (WTI) crude futures rallied by around 4 percent early on Friday to trade above $30 a barrel, having plummeted to 2003 lows below $27 a barrel on Wednesday. Oil prices have plummeted since mid-2014 by around 70 percent due to a worsening supply-demand gap. The U.S. and Iraq have increasedproduction, while the OPEC group of oil-producing countries has held supply. Meanwhile, demand growth for energy has slowed, largely due to the deceleration in the Chinese economy. The International Energy Agency warned on Tuesday that continued oversupply would put extra strain on the market. The rout in oil prices has hit commodity producers like Vedanta Resources hard. Its share price has declined by around 22 percent this year. Vedanta's oil and gas operations comprise of the assets of Cairn India in India, Sri Lanka and South Africa. Vedanta Resources has revenue of around $13 billion.
14/1/2016
12:35
beeezzz: Barclays lowers share price target.... hTTp://www.emqtv.com/barclays-lowers-vedanta-resources-plc-ved-price-target-to-gbx-200/127529/
26/11/2015
19:25
bobsidian: It is interesting to see the switch around in EBITDA contributions caused by the decline in commodity prices during the 6 month period to 30 September 2015. When once oil was the major contributor to EBITDA now it is a drag with zinc now being the major contributor by far. No wonder the decision to cancel the interim dividend. And if the further deterioration in commodity prices beyond the average for the 6 month period to 30 September 2015 persists up to 31 March 2016 then in all likelihood the final dividend will be cancelled. You can sense from the tone of the interim financial statements just how concerned management seem to be about operations. With all of the manoeuvring in debt maturities in the context of a negative outlook by ratings agencies the management are suggesting they will only be able to extend the maturity profile by half a year. Like the majority of mining entities VED are facing the real prospect of being affected by a technical breach of its debt covenants. Its management are undoubtedly working hard to prevent this from happening. The share price of VED is where it is for good reason. And bearing in mind the hefty discounts the share prices of other mining entities are trading at relative to their respective Net Tangible Asset Values per share, there is good reason to suggest share price outperformance by VED despite its hefty collapse. Circumstances can change. Imagine the impact on the share price of VED were there foundation to the soundings that OPEC and non-OPEC nations are seeking an accord on a collective withdrawal of excess supply. Imagine if OPEC was to announce such an accord at the end of the next scheduled meeting during the first week of December.
10/11/2015
14:52
shawzie: As posted at 6718 - target is still 400p unless Cairn India takeover goes through. Target might then change to 401p. Vedanta - Indian Mining Co. - VED shawzie - 04 Sep 2015 - 10:24:36 - 6718 of 6936 Target for re-entry around 400p which is roughly the share price in 2009.
15/1/2015
16:26
nickgrant2: Thanks Smurfy (and others for comment). Bobsidian, I see an oil price that is not sustainable for producers. Not for shale and not for the large no of countries who are heavily dependent on it. That part of me says this is just part of a larger, vicious price war and will cause production to shrink but it might take 3-6 months. As collateral damage (reasonably) well arranged companies are getting a pasting while Mr Market is in the depth of despair. The figures for VED indicate they are asset rich and still have a decent amount of cash and this is heavily overdone, made worse because VED have just gone through their restructuring and so still carrying costs for it in their figures. Its also made worse by perceived slow growth in key countries (is 7% slow in China!) Its still increasing demand and Euro fears. What a storm. So, its either time to man up and hunker down and dont look at the share price for 6 month OR some new black swan? One fear is that the chairman might take the company private at this price. As I recall the price they must pay to do so is a function of the share price over the last x months which if the chairman is confident of the structure of the business then its almost giving it away at this price. Does all that appear plausible or am I missing something fundamental?
30/10/2014
12:01
bobsidian: So what now ? With the confirmation of the cessation of the current Quantitative Easing programme conducted by the US, does this then set the scene for a further strengthening in the US Dollar which in turn triggers a further weakening in the price of commodities including crude oil ? The chart for crude oil suggests a further move lower is relatively imminent. It looks as though share prices of O&E companies are now being moved in anticipation of such a fall. However, market forces have a habit of operating in a counter-intuitive fashion. If the price of oil "inexplicably" reverses back up, then the scale of share price moves in the O&E sector could be significant. VED really belongs to its debt holders. With the vast majority of its underlying profit generation being derived from oil, little wonder the uncertainty being fed into its share price.
Vedanta share price data is direct from the London Stock Exchange
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