Company
Vedanta Limited
Headquarters: Mumbai, India
Founded: 22 April 2003 as Angelchange Limited
Employees: 17,047
CEO: Mr. Sunil Duggal
Market Cap
₹1.757 Trillion
INR as of July 1, 2024
US$21.06 Billion
Vedanta Limited Categories
India Basic Materials Other Industrial Metals & MiningIndia Basic Materials India Other Industrial Metals & Mining
Top Competitors by Market Capitalization
Industry: Other Industrial Metals & Mining
| Company | Market Cap (USD) |
|---|---|
| BHP | $151.21 B |
| Rio Tinto | $110.09 B |
| Glencore plc | $73.93 B |
| Vale SA | $48.45 B |
| Fortescue Metals Group Limited | $46.82 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Linde | $208.12 B |
| BHP | $151.21 B |
| Rio Tinto | $110.09 B |
| Air Liquide SA | $101.18 B |
| Southern Copper Corporation | $90.64 B |
Detailed Description
Vedanta Limited operates as a diversified natural resources company in India. It explores for, develops, extracts, produces, processes, and sells oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, pig iron, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in the State of Odisha in eastern India; 2 units of 300 MW thermal coal based power plants at Korba; 1,980 MW thermal coal- based commercial power facilities; 274MW of wind power plants; and a power plant situated at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; engages in the mechanization of coal handling facilities and upgradation of general cargo berth for handling coal at the outer harbor of Visakhapatnam Port on the east coast of India; and provides logistics and other allied services inter alia rendering stevedoring, and other allied services in ports and other allied sectors. Further, the company is involved in manufacturing glass substrates in South Korea and Taiwan. It also operates in South Africa, Namibia, Ireland, Australia, Liberia, and the United Arab Emirates. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1954 and is based in Mumbai, India. Vedanta Limited is a subsidiary of Vedanta Resources Limited.
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Stocks & Indices
Vedanta Limited has the following listings and related stock indices.
Stock: NSE: VEDL wb_incandescent
Stock: NYSE: VEDL wb_incandescent
Stock: FSX: 17SA wb_incandescent
Stock: BSE: VEDL wb_incandescent
Product & Services
Copper, Aluminum, Zinc, Lead, Gold, Iron ore, Pig iron, Metallurgical Coke and Oil and gas exploration, Power
Key People
Founder(s): Anil Agarwal
Anil Agarwal (Executive Chairman) Navin Agarwal (Executive Vice Chairman) Srinivasan Venkatakrishnan (CEO)
Financials
Revenue: US$11.722 billion (2021)
Operating income: US$2.701 billion (2021)
Net income: US$1.476 billion (2021)