Company

Vedanta Limited

Headquarters: Mumbai, India

Founded: 22 April 2003 as Angelchange Limited

Employees: 17,047

CEO: Mr. Sunil Duggal

NSE: VEDL +0.02%

Market Cap

₹987.07 Billion

INR as of Jan. 1, 2024

US$11.86 Billion

Market Cap History

Vedanta Limited market capitalization over time

Evolution of Vedanta Limited market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Vedanta Limited

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.

Top 1-year algo backtest: +287.69%

$10,000 in March 2023 would now be $38,769 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

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)

Details

Headquarters:

Unit 103, Corporate Avenue

1st Floor, C wing Atul Projects, Chakala Andheri (East)

Mumbai, 400093

India

Phone: 91 22 6643 4500

Fax: 91 22 6643 4530