VED.L - Vedanta Resources plc

LSE - LSE Delayed price. Currency in GBp
830.80
+7.20 (+0.87%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous close823.60
Open817.80
Bid740.00 x 22400
Ask855.00 x 40000
Day's range812.80 - 847.20
52-week range558.50 - 981.80
Volume1,023,771
Avg. volume791,239
Market cap2.324B
Beta2.29
PE ratio (TTM)N/A
EPS (TTM)-8.70
Earnings date23 May 2018
Forward dividend & yield0.45 (6.00%)
Ex-dividend date2017-11-23
1y target est12.00
  • Reuters2 days ago

    Vedanta says Indian copper smelter shutdown causing deficit, price rise

    Vedanta Resources Plc's shutdown of its South Indian copper smelter, one of India's biggest, is causing a copper deficit and increased prices in India, its subsidiary Vedanta Ltd said on Friday. The smelter, located in a sleepy port city near the tip of the Indian peninsula, has a share of about 35 percent in the India's primary copper market and exports mainly to Gulf and Asian countries, Vedanta said.

  • Reuters - UK Focus2 days ago

    Vedanta says Indian copper smelter shutdown causing deficit, price rise

    Vedanta Resources Plc (Other OTC: VDNRF - news) 's shutdown of its South Indian copper smelter, one of India's biggest, is causing a copper deficit and increased prices in India, its subsidiary Vedanta Ltd said on Friday. The smelter, located in a sleepy port city near the tip of the Indian peninsula, has a share of about 35 percent in the India's primary copper market and exports mainly to Gulf and Asian countries, Vedanta said. "Due to non-availability of our production, there is a deficit of copper supply in the country impacting prices and availability," Vedanta Ltd said in a statement on Friday.

  • Reuters4 days ago

    Vedanta's Indian copper smelter to remain shut until at least June 6

    Vedanta Resources Plc's Thootukudi copper smelter, one of India's biggest, will remain shut until at least June 6, a lawyer petitioning against the plant reopening said on Thursday. The Tamil Nadu Pollution Control Board has adjourned a hearing to grant Vedanta a renewal of consent to operate the smelter until that date, said V Ramasubbu, a local lawyer who filed the petition because of environmental concerns. Benchmark three-month copper contract on the London Metal Exchange rose to as much as $6,900 per tonne but pared its gains to trade at $6,870.50 at 1017 GMT.

  • Reuters12 days ago

    Vedanta's Konkola Copper Mines disputes $18 mln Zambia tax bill - industry source

    Vedanta Resources' Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday. Zambia's revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals with a tax bill of $8 billion.

  • Reuters - UK Focus12 days ago

    Vedanta's Konkola Copper Mines disputes $18 mln Zambia tax bill - industry source

    Vedanta Resources (Other OTC: VDNRF - news) ' Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday. Zambia's revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals with a tax bill of $8 billion. A KCM company spokesman declined to comment on the matter, and officials from the Treasury and the revenue authority could not confirm the dispute and the size of the tax bill.

  • Vedanta fourth-quarter profit climbs 81 percent
    Reuters18 days ago

    Vedanta fourth-quarter profit climbs 81 percent

    (Reuters) - Vedanta Ltd, the Indian unit of diversified mining group Vedanta Resources Plc, posted an 81 percent surge in quarterly profit on Thursday, helped by higher volumes and favourable commodity ...

  • Vedanta considers building zinc smelter in South Africa
    Reuters19 days ago

    Vedanta considers building zinc smelter in South Africa

    Zinc prices have rallied to their highest since 2007, boosting overall profits of Vedanta, which has zinc projects in India, South Africa and Namibia. The company could invest between $700 million and $800 million at the Gamsberg refinery, Vedanta Zinc International said http://bit.ly/2Kxxt14. The first phase of the smelter-refinery complex is expected to have a capacity of 250,000 tonnes per year of finished zinc metal, matching Gamsberg's expected annual output by early 2019.

  • Reuters20 days ago

    Vedanta chairman told Anglo not to sell South African assets

    The chairman of Vedanta Resources Plc, who is also Anglo American's biggest shareholder, said on Monday he had convinced Anglo not to sell off key assets in South Africa. Indian industrialist Anil Agarwal has an almost 20 percent stake in Anglo through his family trust Volcan Investments and has played down speculation that he is seeking a tie-up with Anglo. "I always believed that South Africa has a lot of potential, and Anglo management may not have always believed that ... and they wanted to sell some assets," he said.

  • Reuterslast month

    Sensex ends higher on gains in metals

    (Reuters) - Indian shares ended higher on Thursday on gains in metal stocks as global aluminium prices soared, while the country's biggest software services exporter Tata Consultancy Services Ltd rose ...

  • Reuterslast month

    Vedanta gets regulatory nod for Electrosteel takeover

    (Reuters) - Vedanta Ltd (VDAN.NS) said on Tuesday it got approval from India's designated court for bankruptcy cases to acquire Electrosteel Steels Ltd (ELES.NS). Electrosteel is the first to get approval ...

  • Reuterslast month

    Vedanta names South African miner AngloGold Ashanti's CEO to top job

    Venkatakrishnan, who worked with AngloGold for 18 years and led it for five, will succeed interim CEO Kuldip Kaura, in the top job effective Aug. 31, Vedanta said. Under Venkatakrishnan's leadership, AngloGold beat or met market expectation for five years with all in-sustaining-costs falling 16 percent and production rising 26 percent, the company said.

  • Reuterslast month

    Vedanta names South African miner AngloGold Ashanti's CEO to top job

    Venkatakrishnan, who worked with AngloGold for 18 years and led it for five, will succeed interim CEO Kuldip Kaura, in the top job effective Aug. 31, Vedanta said. Under Venkatakrishnan's leadership, AngloGold beat or met market expectation for five years with all in-sustaining-costs falling 16 percent and production rising 26 percent, the company said. Kaura was named as Vedanta's interim CEO in August as the company hunted for a new head to replace Tom Albanese, who was asked to delay his departure by five months.

  • Reuters - UK Focuslast month

    Vedanta names South African miner AngloGold Ashanti's CEO to top job

    Diversified miner Vedanta Resources Plc (Other OTC: VDNRF - news) on Monday named South African miner AngloGold Ashanti (Xetra: AOD.DE - news) Ltd's Srinivasan Venkatakrishnan as chief executive officer. Venkatakrishnan, who worked with AngloGold for 18 years and led it for five, will succeed interim CEO Kuldip Kaura, in the top job effective Aug. 31, Vedanta said. Under Venkatakrishnan's leadership, AngloGold beat or met market expectation for five years with all in-sustaining-costs falling 16 percent and production rising 26 percent, the company said.

  • Reuters - UK Focuslast month

    AngloGold Ashanti's CEO quits to take top job at Vedanta Resources

    AngloGold Ashanti said on Monday its Chief Executive Officer Srinivasan Venkatakrishnan was resigning to take the top job at mining conglomerate Vedanta Resources Plc. Venkatakrishnan will remain in his ...

  • Reuterslast month

    Vedanta Resources expects supply constraints to sustain zinc prices

    Zinc prices are expected remain buoyant in the coming years after reaching their highest levels in a decade because of a shortfall caused by years of underinvestment, the founder and chairman of Vedanta Resources said on Wednesday. A rally in zinc prices to their highest since 2007 has helped to boost the overall profits of Vedanta, which has zinc projects in India, South Africa and Namibia. Vedanta Chairman Anil Agarwal said that demand for zinc and prices of the metal would remain high because there were only three major producers in the world.

  • Reuters - UK Focuslast month

    Vedanta Resources expects supply constraints to sustain zinc prices

    Zinc prices are expected remain buoyant in the coming years after reaching their highest levels in a decade because of a shortfall caused by years of underinvestment, the founder and chairman of Vedanta Resources (Other OTC: VDNRF - news) said on Wednesday. A rally in zinc prices to their highest since 2007 has helped to boost the overall profits of Vedanta, which has zinc projects in India, South Africa and Namibia. Vedanta Chairman Anil Agarwal said that demand for zinc and prices of the metal would remain high because there were only three major producers in the world.

  • Vedanta says Indian copper smelting plant expansion on track
    Reuterslast month

    Vedanta says Indian copper smelting plant expansion on track

    Billionaire Anil Agarwal-controlled Vedanta said on Tuesday its application for renewal of consent to operate the plant, one of India's biggest, was rejected by the state pollution control board. People in Thootukudi have been protesting against the proposed expansion of the smelter, thronging the streets and shutting shops to press their demand for closure of the plant. Vedanta says the protests are based on "false allegations" and it has been providing "regular information through various media on the truth".

  • Vedanta's request to renew copper smelter operations in India rejected
    Reuterslast month

    Vedanta's request to renew copper smelter operations in India rejected

    Vedanta Resources Plc (VED.L) said on Tuesday its application for renewal of consent to operate its copper smelting plant, one of India's biggest, in the South Indian town of Thootukudi was rejected by the state pollution regulator. The rejection comes amid almost daily protests against a proposed expansion of the smelter by the people of Thootukudi, who have thronged the streets and shut shops demanding a closure of the plant. The Tamil Nadu Pollution Control Board was not immediately available for a comment.

  • Reuters - UK Focuslast month

    Vedanta's request to renew copper smelter operations in India rejected

    Vedanta Resources Plc (Other OTC: VDNRF - news) said on Tuesday its application for renewal of consent to operate its copper smelting plant, one of India's biggest, in the South Indian town of Thootukudi was rejected by the state pollution regulator. The rejection comes amid almost daily protests against a proposed expansion of the smelter by the people of Thootukudi, who have thronged the streets and shut shops demanding a closure of the plant. The Tamil Nadu Pollution Control Board was not immediately available for a comment.

  • Reuters - UK Focus2 months ago

    COLUMN-LME options landscape suggests one last bull hurrah for zinc: Andy Home

    Is that it for the zinc price or does the market have one last hurrah before the bull cycle turns? London Metal Exchange (LME) zinc for three-month delivery hit a 10-year high of $3,595.50 per tonne on Feb. 15, the culmination of a gradual but relentless tightening of the supply chain that had been playing out over several years. "The zinc price in the next three to six months is the best we're going to see for the next three to five years," he told last month's Metal Bulletin Zinc Conference in London.

  • Reuters2 months ago

    Vedanta, others can transport royalty-paid iron ore from Goa - Court

    Vedanta Resources (VED.L), controlled by billionaire Anil Agarwal, and other miners can transport already mined iron ore from Goa on which royalties have been paid, India's top court ruled on Wednesday, providing relief to the state's miners. India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material.

  • Reuters - UK Focus2 months ago

    Vedanta, others can transport royalty-paid iron ore from Goa -Court

    Vedanta Resources (Other OTC: VDNRF - news) , controlled by billionaire Anil Agarwal, and other miners can transport already mined iron ore from Goa on which royalties have been paid, India's top court ruled on Wednesday, providing relief to the state's miners. India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material. "The State of Goa will ensure and confirm that only that iron ore is loaded which is royalty paid and which is lying in the jetties on or before 15th March, 2018," the judges wrote in the order.

  • Reuters2 months ago

    ArcelorMittal, Vedanta, VTB-JSW partnership among India Essar Steel suitors

    ArcelorMittal SA, Vedanta Resources and a group comprising Russia's VTB and top Indian steelmaker JSW Steel have bid for bankrupt steelmaker Essar Steel India, the companies said, after a deadline for bids on Monday. Essar Steel is among a dozen of India's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order aimed at clearing record bad loans at the country's banks. A previous round of bids for Essar Steel, which faces nearly $8 billion in claims from its creditors, had attracted interest from ArcelorMittal and a VTB-led group.

  • Reuters - UK Focus2 months ago

    ArcelorMittal, Vedanta, VTB-JSW partnership among India Essar Steel suitors

    ArcelorMittal SA, Vedanta Resources and a group comprising Russia's VTB and top Indian steelmaker JSW Steel have bid for bankrupt steelmaker Essar Steel India, the companies said, after a deadline for ...

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes