Vedanta Ltd's share price declined by 2.67% to trade around ₹250.15 apiece on BSE, with a market capitalization of ₹97,779.25 crore. According to reports from Goodreturns, the stock is currently near its intraday low of ₹249.75 apiece. The decline occurred on Wednesday, which marked the ex-dividend date for the company's first interim dividend since its 1:5 demerger split. The record date was fixed on October 14, 2026, to identify eligible shareholders for the corporate action.
Vedanta is scheduled to pay its first interim dividend after the demerger, amounting to ₹5 per share for FY27, totaling ₹1,955 crore. As reported by Goodreturns, in the last 12 months, Vedanta has rewarded investors with up to ₹11 dividend per share, with its last dividend payout being ₹11 per share in March. Since September 2003, Vedanta has distributed 46 dividends so far, according to Trendlyne data. At the current market price, Vedanta's dividend yield stands at 4.31%, which is among the strongest among large-caps and metal stocks.
Vedanta has demerged into five separate entities earlier this year, with the first being Vedanta, which will continue as the parent company of Hindustan Zinc. The new entities include Vedanta Aluminum, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel Ltd. According to Goodreturns, the record date is when the company checks its records to identify eligible shareholders for corporate actions, while the ex-date means the stock starts trading without the benefit of the corporate action. The ex-date and record date for all corporate actions are on the same day since all instruments are moved to the T+1 settlement cycle.
Vedanta reported strong quarterly results for Q1 FY27, with revenue of ₹24,205 crore and profit of ₹7,918 crore, representing a 77.7% year-on-year growth in profitability. The company achieved a margin of 32.7%, significantly outperforming the sector median of 27.0%. These results demonstrate Vedanta's operational efficiency and market positioning within the metals sector, with the company's financial metrics showing robust performance across key indicators.
The consensus recommendation from 12 analysts for Vedanta is BUY, with an average 12-month target of ₹313.89, indicating potential 26% upside ahead. However, technical analysis from Markets Mojo reveals a predominantly cautious outlook, with moving averages signaling bearish momentum and weekly indicators reflecting a bearish stance. The non-ferrous metals sector has faced headwinds amid fluctuating commodity prices and global economic uncertainties, though Vedanta's longer-term performance metrics remain robust with strong quarterly results supporting the positive analyst sentiment.
