Market News

3 min read | Updated on August 13, 2026, 10:55 IST
SUMMARY
In July 2026, Vedanta Chairman Anil Agarwal unveiled a growth roadmap, saying the company will nearly treble zinc and lead production, double silver output, and accelerate exploration of critical and strategic minerals including lithium and rare earths, while committing $5 billion in investments to expand its oil and gas business.

Vedanta group's four demerged entities -- Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas and Vedanta Iron and Steel -- made their stock market debut on June 15, 2026. Image: Shutterstock
Shares of Vedanta Group companies were trading mixed in the morning trade on Thursday, August 13.
At 10:34 AM, Vedanta Aluminium Metal traded 0.86% lower at ₹457.50 on the NSE, while parent company Vedanta Ltd quoted 0.62% lower at ₹274.10. Vedanta Power shares, on the other hand, were trading at ₹36.94 apiece on the NSE, and Vedanta Oil and Gas traded 0.34% higher at ₹38.53.
Vedanta Iron and Steel shares traded over 2% higher at ₹39.88 apiece on the NSE.
Hindustan Zinc (HZL) shares were trading 1.2% higher at ₹591.60.
In July 2026, Vedanta Chairman Anil Agarwal unveiled a growth roadmap, saying the company will nearly treble zinc and lead production, double silver output, and accelerate exploration of critical and strategic minerals including lithium and rare earths, while committing $5 billion in investments to expand its oil and gas business.
Agarwal unveiled an ambitious vision for 'Vedanta Unlimited' at Vedanta Ltd's 61st Annual General Meeting (AGM).
Speaking at the AGM, the chairman said the company plans to nearly treble zinc and lead output to 3 million tonnes by 2031, double silver production to 1,500 tonnes, and raise copper production to 1 million tonnes by the end of the decade.
Agarwal said ferrochrome capacity would be ramped up to 5 lakh tonnes by FY28 and nickel output increased to 60,000 tonnes. He added the firm would accelerate exploration across its ten critical and strategic mineral blocks, covering lithium, cobalt, gold, copper, nickel, manganese, rare earths and potash.
Vedanta Group reiterated bullish expansion plans across its demerged businesses, saying it would sharply scale up capacities over the next three to five years.
Vedanta Aluminium would double its capacity to 60 lakh tonnes per year within three years and aims to operate at the lowest cost globally.
Vedanta group's four demerged entities -- Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas and Vedanta Iron and Steel -- made their stock market debut on June 15, 2026.
Shares of Vedanta Aluminium Metal began trading at ₹527 on the BSE
Vedanta Power was listed at ₹41.30 and further climbed to ₹43.35.
Shares of Vedanta Oil and Gas started trading at ₹39.
Vedanta Iron And Steel shares listed at ₹22.25.
All these firms got listed on the NSE also.
Vedanta Aluminium Metal started trading at ₹522, Vedanta Power listed at ₹41.80, Vedanta Oil and Gas at ₹38, and Vedanta Iron and Steel at ₹20 on the NSE.
Vedanta's demerger was approved by the National Company Law Tribunal in December last year. Under the approved 1:1 demerger scheme, shareholders will receive one share of each demerged company for every one share held in the currently listed Vedanta Ltd.
As part of the latest index rejig announced by the NSE, 27 stocks will be added to the NIFTY500 index, including Vedanta Aluminium Metal Ltd., Vedanta Iron and Steel Ltd., Vedanta Oil and Gas Ltd., and Vedanta Power Ltd.
Related News
About The Author

Next Story