Vedanta was listed on the NSE/BSE on May 13, 1998. In the last five years, its stock has given a massive return of more than 400% to its investors. Will Vedanta continue to provide such great returns in the future as well? Let’s explore Vedanta’s growth potential and Vedanta share price target from 2025 to 2050 in this article.
About Vedanta
Vedanta Limited was established in 1979 and focuses in mining, oil and gas, and metals such as zinc, copper, aluminium, and iron ore. Vedanta focuses in energy production, sustainability, and community development. Over time, it has grown to become one of India’s largest mining companies. It is a member of the Vedanta Group, which is owned by Vedanta Resources, founded by Anil Agarwal.
Vedanta Business Model
- Mining and Development: Vedanta makes money from mining natural resources such as oil, gas, zinc, copper, iron ore, and bauxite.
- Metals and Minerals: The company refines and sells metals such as aluminium, zinc, and copper to construction, automotive, and manufacturing industries.
- Oil & Gas: Vedanta’s energy business involves the extraction and sale of crude oil and natural gas, which is used to power industries and households.
- Power Generation: Vedanta produces power and sells it to businesses and government electricity boards.
- Exports: Vedanta generates a large portion of its revenue by exporting metals, minerals, and oil to other countries.
Vedanta Fundamental Analysis
| Stock Name | Vedanta Ltd. |
|---|---|
| NSE Symbol | VEDL |
| Market Cap | ₹ 1,61,616 Crores |
| 52W High | ₹ 527 |
| 52W Low | ₹ 362 |
| Stock P/E | 13.6 |
| Book Value | ₹ 95.9 |
| Dividend Yield | 9.73 % |
| ROCE | 20.9 % |
| ROE | 10.5 % |
| Face Value | ₹ 1.00 |
| Industry PE | 15.9 |
| Price to Book Value | 4.31 |
| Debt to Equity | 2.13 |
| PEG Ratio | -1.14 |
| Quick Ratio | 0.54 |
| Shareholders | March 2023 | March 2024 | March 2025 |
|---|---|---|---|
| Promoters | 68.11% | 61.95% | 56.38% |
| FIIs | 7.89% | 8.77% | 11.15% |
| DIIs | 10.20% | 13.15% | 16.38% |
| Government | 0.07% | 0.07% | 0.07% |
| Public | 13.63% | 15.86% | 15.89% |
| Others | 0.11% | 0.18% | 0.13% |
| No. of Shareholders | 14,11,551 | 17,85,798 | 20,46,988 |
Key Factors Driving Vedanta Future Growth
- Demand for Metals and Minerals: Vedanta manufactures critical materials such as zinc, aluminium, and copper, which are in high demand in industries such as construction, electric vehicles, and renewable energy.
- Growing Electric Vehicle Market: EVs require metals such as copper, aluminium, and zinc, which Vedanta manufactures, boosting long-term demand.
- $20 Billion Expansion Plan: Vedanta plans to invest $20 billion over the next three years to expand operations in zinc, aluminium, copper, iron, steel, oil, gas, and power, with the goal of doubling its power portfolio and exploring nuclear energy options.
- $6 Billion Investment Pipeline: Vedanta is executing over 50 projects with a $6 billion investment, targeting an incremental EBITDA of $2.5–3 billion and revenue growth exceeding $6 billion by FY27.
- Strategic Demerger: Vedanta is restructuring into six independent entities—Vedanta Aluminium, Oil & Gas, Power, Steel, Base Metals, and Vedanta Ltd—to attract sector-specific investments and unlock shareholder value.
- Copper Revival and Global Fundraising: Vedanta plans to raise $1 billion via a potential U.S. listing of Konkola Copper Mines to fund expansion toward 300,000 TPA copper output.
- Aluminium Capacity Expansion: Vedanta plans to expand its Lanjigarh alumina refinery to 5 MTPA by early FY26, lowering alumina costs by $200-$300 per tonne and increasing profit margins.
- Expansion into EV Battery Materials: Vedanta is expanding nickel sulphate production to meet the growing demand for EV battery materials in Northeast Asia, with the goal of negotiating tariff reductions with Japan and South Korea.
- Strengthening Global Presence: Vedanta has signed a 7.5 billion riyal agreement with Saudi Arabia to develop copper facilities at Ras Al-Khair, supporting the kingdom’s Vision 2030 and enhancing Vedanta’s global footprint.
- Strengthening Financial Health: Vedanta Resources plans to reduce debt by $3 billion over the next three years, having already cut $3.7 billion, to improve liquidity and fund key capital expenditure projects.
Pros of Vedanta
- High Return on Equity (ROE): Vedanta has maintained an average ROE of 22.4% over the last five years, which shows that the Vedanta is using shareholders funds efficiently to generate profits.
- Low PE Ratio Compared to Peers: Vedanta has a PE ratio of 15, which is lower than the industry average of 16.1, making it relatively undervalued and potentially a good investment opportunity.
- Increase in DIIs Holding: Domestic Institutional Investors (DIIs) have increased their holding to 16.38% in March 2025 from 15.49% in December 2024, which indicates growing confidence in the Vedanta’s future potential by the DIIs.
Cons of Vedanta
- Decreasing Profits: Vedanta profits are decreasing at a CAGR of -33%. over the last three Years.
- High Price to Book Value: Vedanta is trading at a Price-to-Book Value (P/B) ratio of 4.77, which indicates that its stock is significantly overvalued compared to its assets.
- High Financial Risk: Vedanta has a high debt-to-equity ratio of 2.13, indicating a strong dependency on debt. This increases financial risk, raises interest costs, and may have an impact on profitability.
- High Promoter Pledge: Vedanta promoters have pledged 100% of their holding, which can be risky. If they fail to repay their loans, lenders might sell these shares, causing the stock price to fall.
By the end of 2025, the Vedanta share price is expected to be around ₹620 in normal conditions. In adverse condition, it might be ₹560, and in a favorable conditions, it may go up to ₹700.
| Vedanta Share Price Target 2025 | Rupees (₹) |
|---|---|
| 1st Target | 560 |
| 2nd Target | 620 |
| 3rd Target | 700 |
In 2026, the Vedanta share price is expected to be around ₹750 in a normal situation. In a bear market, it might be ₹670, and in a bull market, it may cross ₹900.
| Vedanta Share Price Target 2026 | Rupees (₹) |
|---|---|
| 1st Target | 670 |
| 2nd Target | 750 |
| 3rd Target | 900 |
According to our analysis, the Vedanta share price is expected to be around ₹925 in 2027. In a bear market, it might be ₹800, and in a bull market, it may cross ₹1170.
| Vedanta Share Price Target 2027 | Rupees (₹) |
|---|---|
| 1st Target | 800 |
| 2nd Target | 925 |
| 3rd Target | 1170 |
According to our analysis, the Vedanta share price may trade near ₹1150 by 2028; bearish conditions could pull it down to ₹970, while a strong bull run might lift it to ₹1520.
| Vedanta Share Price Target 2028 | Rupees (₹) |
|---|---|
| 1st Target | 970 |
| 2nd Target | 1150 |
| 3rd Target | 1520 |
In a normal situation, the Vedanta share price is projected to be approximately ₹1350 in 2029. In a bear market, the value may be as low as ₹1160, while in a bull market, it may rise to ₹1980.
| Vedanta Share Price Target 2029 | Rupees (₹) |
|---|---|
| 1st Target | 1160 |
| 2nd Target | 1350 |
| 3rd Target | 1980 |
By 2030, the Vedanta share price is projected to be around ₹1850 under normal conditions. In adverse markets, the price could fall to ₹1400, while favorable conditions might push it up to ₹2500.
| Vedanta Share Price Target 2030 | Rupees (₹) |
|---|---|
| 1st Target | 1400 |
| 2nd Target | 1850 |
| 3rd Target | 2500 |
By 2035, the Vedanta share price is projected to be around ₹4500 under normal conditions. In adverse markets, the price could fall to ₹2800, while favorable conditions might push it up to ₹7700.
| Vedanta Share Price Target 2035 | Rupees (₹) |
|---|---|
| 1st Target | 2800 |
| 2nd Target | 4500 |
| 3rd Target | 7700 |
Under normal conditions, the Vedanta share price might hit ₹9500 by 2040. A bearish trend could lower it to ₹5550, whereas a bullish surge could raise it to ₹23,150.
| Vedanta Share Price Target 2040 | Rupees (₹) |
|---|---|
| 1st Target | 5550 |
| 2nd Target | 9500 |
| 3rd Target | 23,150 |
In 2050, the Vedanta share price is expected to be around ₹35,000 in a normal situation. In a bear market, it might be ₹22,500, and in a bull market, it may go up to ₹1,30,000.
| Vedanta Share Price Target 2050 | Rupees (₹) |
|---|---|
| 1st Target | 22,500 |
| 2nd Target | 35,000 |
| 3rd Target | 1,30,000 |
| Years | Target Price |
|---|---|
| Vedanta Share Price Target 2025 | ₹560 to ₹700 |
| Vedanta Share Price Target 2026 | ₹670 to ₹900 |
| Vedanta Share Price Target 2027 | ₹800 to ₹1170 |
| Vedanta Share Price Target 2028 | ₹970 to ₹1520 |
| Vedanta Share Price Target 2029 | ₹1160 to ₹1980 |
| Vedanta Share Price Target 2030 | ₹1400 to ₹2500 |
| Vedanta Share Price Target 2035 | ₹2800 to ₹7700 |
| Vedanta Share Price Target 2040 | ₹5550 to ₹23,150 |
| Vedanta Share Price Target 2050 | ₹22,500 to ₹1,30,000 |
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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