Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential...
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Odisha's Chief Minister Mohan Charan Majhi met with Vedanta Group Chairman Anil Agarwal on Thursday to lay out a strategic investment plan aimed at boosting the state's industrial and economic growth. Their discussion centred on how Vedanta's ambitious development projects can align with the Prime...
Aluminium stocks soared on Friday, October 24, as prices of the metal rallied sharply amid tightening global supply, driving strong investor sentiment across the sector. Shares of Hindalco Industries, National Aluminium Company Limited (NALCO), and Vedanta opened with robust gains in early trade,...
At the Financial Times’ organised Energy Transition Summit India, Vedanta Resources’ CEO Deshnee Naidoo offered a tempered but confident take on the world’s shifting energy landscape. Speaking to the Financial Times, Naidoo reflected on the complexity of the moment — a time, as she put it, when the...
Vedanta's Chairman, Anil Agarwal, recently reached out to Odisha's Chief Minister, Mohan Charan Majhi, to rally support from the state government for speeding up regulatory approvals and moving forward with Vedanta's ambitious USD 20 billion aluminium project. This conversation highlights the...
Vedanta Aluminium’s subsidiary firm Bharat Aluminium Company Limited (BALCO) has achieved a major milestone with the first metal output from India’s most advanced 525 kilo-ampere (kA) smelter. This is quite a strategic drive that makes BALCO’s goal of producing one million tonnes of metal a...
Vedanta Aluminium has announced plans to expand its all-women locomotive team at Jharsuguda aluminium smelter in Odisha by the end of this year. This is the extension of the company’s ongoing efforts to foster inclusivity and promote women’s leadership in the traditionally male-dominated industrial...
The empowerment of women is more than just an individual achievement; it’s the spark that ignites the transformation of entire communities. In India, where women have the potential to drive substantial economic growth, deep-rooted socio-economic barriers often hold them back. But in the remote...
Vedanta Limited has reported record-breaking aluminium and alumina production in its second-quarter (Q2) results for FY2025-26, released on Saturday, October 4. The Indian producer said both first-quarter and first-half aluminium output reached all-time highs, supported by improved operational...
Vedanta Ltd has again pushed back the date for its ambitious demerger. It has moved the target deadline from September 2025 to March 31, 2026, as it awaits approval from the National Company Law Tribunal (NCLT) and completion of related restructuring formalities. Image source: Vedanta Aluminium The...
Vedanta Ltd, under the leadership of Anil Agarwal, has revealed plans to invest INR 13,226 crore (USD 148 million) to boost its aluminium production capacity from the current 2.4 million tonnes per annum (MTPA) to 3.1 MTPA by FY28. This move underscores the company's dedication to solidifying its...
Vedanta Aluminium, India's largest aluminium producer, operates in a resource-intensive industry where efficiency, sustainability, and, most importantly, safety remain paramount. Under the leadership of Rajiv Kumar, CEO, the company has launched a comprehensive digital transformation initiative to...
Vedanta Aluminium, India’s largest aluminium producer, marked Engineers’ Day by honouring the contributions of its 2,000+ engineers across Jharsuguda, Lanjigarh and Korba. With an average age of just 29-30 years, this workforce combines youthful energy with technical depth to power India’s metals...
Non-ferrous metal prices are on the rise, fueled by a mix of global influences, where LME aluminium prices have seen a 5 per cent increase over the last month. Heightened geopolitical tensions, a weaker dollar index and dwindling inventories are all contributing to the strength seen in key...
Vedanta has recently announced that it has begun a land acquisition process for manufacturing an aluminium smelter in Dhenkanal, Odisha. This is part of its production expansion plan from 3 MTPA to 6 MTPA (million tonnes per annum). This particular announcement was made by Rajiv Kumar, the Chief...
Global mining and metals company Vedanta Resources is pressing ahead with its long-awaited corporate restructuring, with Chief Executive Officer Deshnee Naidoo confirming that the demerger of its Indian arm is targeted for completion within FY2025–26. Her optimism follows a breakthrough in the...
Vedanta is pressing ahead with plans to establish a new 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a senior company official confirmed. The projects, once completed, will effectively double the company's existing aluminium capacity. Rajiv Kumar, CEO of Vedanta's...
India's foremost aluminium producer, Vedanta Aluminium has initiated a grassroots education programme in Odisha with the Block Education Department. The programme included a one-day teachers' orientation programme at Mahima Degree College (Bijapali) with over 650 elementary teachers from Lakhanpur...
Vedanta Limited will invest over INR 12,500 crore to scale up its metal manufacturing business, with a clear focus on the electric vehicle (EV) sector. The investment covers new production facilities, technology upgrades, and downstream processing units to boost supplies of aluminium, copper, and...
