It made the purchase through block deals. At Monday's closing price of Rs 405.75 on BSE, the government's 52.98 per cent stake in BPCL is worth just over Rs 46,600 crore. Read more about Agarwal makes firm offer to delist Vedanta from London Stock Exchange on Business Standard. VRL bought 18.5 crore shares at a price of Rs 159.94 per share… New Delhi, Dec 24 (PTI) London-based Vedanta Resources Ltd (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. Subtotal £0.00 ... You searched for: 'vedant... a share price' [Back] Filter by: "vedanta share price" search results. article's content and its accuracy. - At Monday's closing price of Rs 405.75 on BSE, the government's 52.98 per cent stake in BPCL is worth just over Rs 46,600 crore. access. The positives are Vedanta has high growth potential and pays a good. Vedanta Resources’ dollar bonds due next year rallied about 10 cents last week, the most since June, to about 92 cents. Good news, investors! Free forex prices, toplists, indices and lots more. Vedanta Resources is set to delist from London after the family trust of Anil Agarwal agreed to buy the remaining 33.47% minority stake in the company in a … Mining mogul Anil Agarwal's family trust today made a firm USD 1 billion offer to buy 33.47 per cent non-promoter shares of Vedanta Resources in a deal that values the conglomerate at USD 3.07 billion. Responses from VED investor relations and Volcan - Also needs to be careful he doesn't step on toes. Admire Agarawal's Global ambitions and making a miner with market cap equivalent to Rio, BLT etc. VED looks well, well undervalued. SHARE . Vedanta ends up selling more than 75% of it to private companies including Reliance Industries Ltd. and Nayara Energy at a discount. Try our handy filter to explore the different options. wellbeing and our community we're Basket is empty . Vedanta said the offer price of 825 pence per share values the company at 2.324 billion pounds and is 27.6 percent higher than Friday's closing price of 647 pence a share. What’s more interesting is that, Vedanta Resources’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. London-based VRL last week raised its stake in Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. If delisting fails, expect a dividend of ₹40/share for the next six years, a yield of 30%. Chat About VED Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Over the past six months, the relative strength of its shares against the market has been %. Free registration. Chat About VED Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Vedanta owns 70.5% of the share capital of Vedanta Aluminium and Sterlite owns the remaining 29.5% share capital of Vedanta Aluminium. Interesting and great news for us holders! Vedanta Resources Limited. Summary Live Market News Shares Comment Trades Director Deals Fundamentals Historic Prices There may be no downside. Find the latest 1821274 (VED.L) stock quote, history, news and other vital information to help you with your stock trading and investing. They should not be closed,” tweeted Ramdev on Monday. hxxp://zeenews.india. Vedanta Resources Share Chat. Access detailed information about the Vedanta Ltd (VDAN) Share including Price, Charts, Technical Analysis, Historical data, Vedanta Reports and more. You searched for vedanta share price. the views of the author. Basket. Adding to that a divi of 41p, I am lost for words. Mining conglomerate Vedanta has put in a preliminary expression of interest (EoI) for buying the government’s stake in Bharat Petroleum Corp. Ltd. (BPCL), for which a … He can do it but who carries the debt and where does VED fit in in all this? Vedanta Resources' chairman Anil Agarwal will take the London-listed miner private on October 1, his family trust said on Monday, a step seen by some in the industry as a prelude to a potentially broader deal with bigger miner Anglo American. "Vedanta confirms that the listing of Vedanta Shares on the Official List of the UK Listing Authority and the trading of Vedanta Shares on the main market for listed securities of the London Stock Exchange has been cancelled with effect from 8.00 am today [Monday]," Vedanta Resources said in a statement. Its PE is only 9.9 while its turnover is 15.5 billion !!! Vedanta said the offer price of 825 pence per share values the company at 2.324 billion pounds and is 27.6 per cent higher than Friday's closing price of 647 pence a share. Vedanta Ltd. in turn approved a dividend amounting to 35 billion rupees, according to an exchange filing Saturday. Vedanta: LSE:VED: London: Ordinary Share: GB0033277061: ORD USD0.10 Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade : 0.00: 0.0%: 832.60: 834.80: 835.80-0.00: 00:00:00: Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mining: 10,958.8: 1,771.0: 60.5: 13.2: 2,299: Vedanta Share Discussion Threads. Vedanta share price rose 2.1% to close at Rs 124.1 during the day. I've been looking at this company. "Under the terms of the offer, Vedanta Vedanta Resources plc ist ein an der LSE notiertes, global diversifiziertes Unternehmen mit Schwerpunkt auf Rohstoffen und Beteiligungen an Zink, Blei, Silber, Erdl und Erdgas, Aluminium, Kupfer, Eisenerz und Stromerzeugung. Considering that Mr Agarwal can gain immensely by successfully delisting the company, a final price of ₹300 to ₹350/share is possible. Shares in Vedanta Ltd. also surged. Free forex prices, toplists, indices and lots more. His company Vedanta Resources Plc on December 10, 2003 was the first Indian firm to be listed on the London Stock Exchange. Price target in 14 days: 9.871 USD. That can help boost the flagging oil and gas unit. The latest Vedanta Ltd ADR each representing 4 Shares share price. At Wednesday’s closing price of Rs 383.20 on BSE, the government’s 52.98 per cent stake in BPCL is worth just over Rs 44,000 crore. On top of these legal, financial and governance issues, prices for Vedanta Resources’ two key minerals, copper and zinc – which have each lost more than 20% of their value since the start of the year – have fallen due to the coronavirus pandemic, bringing down the company’s share price in London, which has plunged 59% since 1 January. Click here to write a private note about this stock. There I wore a suit and tie and was able to get something. A.Further to your query below, please note that the currency election is not available to any shareholders who might be subject to compulsory squeeze out arrangements (e.g. Free forex prices, toplists, indices and lots more. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day. 0. Is Vedanta Resources still cheap? 02/01/2021 01:18:42 Cookie Policy +44 (0) 203 8794 460 Free Membership Login We may not share Please try again. SHARE. The negative is its stretched balance sheet and poor financial health. A potential acquisition of BPCL will give Agarwal’s conglomerate a cash-rich refinery business with a retail network and a 22% share in the market. To buy shares in , you'll need to have an account. To invest in , you'll need to open an account.Try our handy filter to find which one suits you best. Exactly my point, Smurfy-Ved Resources, Ved Ltd etc. It is also stated that Volcan will make an appropriate announcement in the business day or next following day on which the Offer is due to expire or becomes unconditional or is revised or extended. New Delhi, Dec 24 (PTI) London-based Vedanta Resources Ltd (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. A potential acquisition of BPCL will give Agarwal’s conglomerate a cash-rich refinery business with a retail network and a 22% share in the market. Vedanta said the offer price of 825 pence per share values the company at 2.324 billion pounds and is 27.6 per cent higher than Friday's closing price of 647 pence a share. agencies. Company profile page for Vedanta Resources Ltd including stock price, company news, press releases, executives, board members, and contact information 160/share. Our website offers information about investing and saving, but not personal advice. VRL bought 18.5 crore shares at a price of Rs 159.94 per share. Vedanta announced to the London Stock Exchange [LSE] in July that he wants to buy the 33.3% of shares he doesn’t already own, and the LSE recommended that Agarwal should present an advisory to shareholders saying that an independent committee within Vedanta had discussed the nature of the offer with a similar group within his offshore investment trust [Volcan Investments]. Sounds like a huge undertaking where fields will need to be explored-more debt. Also under consideration will be promoter Venugopal Dhoot's offer for a settlement which may be rejected given its prolonged … Vedanta Resources is still a bargain right now. London-based VRL last week raised its stake in Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. Great investment tools with live data. Vedanta said the offer price of 825 pence per share values the company at 2.324 billion pounds and is 27.6 per cent higher than Friday's closing price of 647 pence a share. There are no documents available for this stock. The company’s 1 million tonne Lanjigarh alumina refinery at the base of the hills was under construction at the time of the London launch, but, as ten years of legal battles and a now world-famous tribal-led people’s movement would prove, Vedanta never obtained the rights to mine Niyamgiri’s bauxite. Vedanta Aluminium Limited (VAL) has acquired a 24.5% stake in L & T subsidiary Raykal Aluminium. The selling price currently displayed is higher than the buying price. View recent trades and share price information for Vedanta Ltd ADR each representing 4 Shares Coronavirus - we're here to help "Vedanta confirms that the listing of Vedanta Shares on the Official List of the UK Listing Authority and the trading of Vedanta Shares on the main market for listed securities of the London Stock Exchange has been cancelled with effect from 8.00 am today [Monday]," Vedanta Resources said in a … Vedanta Stock Price Forecast, 500295 stock price prediction. For more information, please refer to Page 30, Section 2, Paragraph (a) of the Offer Document, which you can find in http://www.vedantare, "In addition to the Offer Price, Volcan has confirmed to the Independent Committee that Vedanta shareholders will also be entitled to receive the FY2018. Dividend information for this stock is not available. Vedanta's promoter creates pledge on entire equity, shares fall over 2% A CNBC-TV18 report on December 29 said Vedanta's promoter created a pledge on the entire 55.11 percent equity. ET by Alex MacDonald Vedanta FY loss widens on oil writedown Good news, investors! Vedanta Ltd - ADR Stock Price Forecast, VEDL stock price prediction. Volcan Investments stated that they hold 187,488,102 Vedanta Shares, representing approximately 66.52 per cent. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. VRL bought 18.5 crore shares at a price of Rs 159.94 per share… Industries are the temples of development for the nation. Find the latest 1821274 (VED.L) stock quote, history, news and other vital information to help you with your stock trading and investing. It should only be considered an indication and not a recommendation. He added, "I ran and went to London. Q.Please advise that if I reject the offer of 10.89 USD per share and the company does get delisted and my shares are automatically bought, what date’s USD:GBP exchange rate will be used to settle? Hargreaves Lansdown is not responsible for an Vedanta: LSE:VED: London: Ordinary Share: GB0033277061: ORD USD0.10 Price Change % Change Share Price Shares Traded Last Trade : 0.00: 0.0%: 832.60: 0.00: 00:00:00: Bid Price Offer Price High Price Low Price Open Price; 834.80: 835.80: Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mining 10,958.76 1,771.03 60.51 13.4 2,299 Last Trade Time Trade … The public holds about 49.5 per cent stake in Vedanta. Check Vedanta Ltd's Live BSE/NSE prices with Historic data. Q.Is there publicly available collated company information on which institution shareholders have agreed to the offer? 10 times its market cap ! At the current price of n/a, shares in Vedanta Resources are … They were trading at around Rs80 on Monday before rumours of the deal leaked into the market. A. That can help boost the flagging oil and gas unit. Vedanta Resources Share Chat. of the issued share capital of Vedanta Resources, as per the Offer Document as of 31 July 2018 (Page 57, Section 3.2, Paragraph (i) of the Offer Document). shares,-is it easy to access the ISM? From how to access your account online, scam awareness, your hTTps://simplywall.s. Newsroom articles are published by leading news Vedanta (VED) share price, charts, trades & the UK's most popular discussion forums. investments are right for you, please request advice, for example from our, Vedanta Ltd ADR each representing 4 Shares, Register for online The share price has moved up over 100 per cent since its fall in March. If one compares these factors to say those of KAZ, ANTO, GLEN etc. Vedanta share chat. Latest from vedanta Media & Other Updates Mumbai Stock Market & Finance report, prediction for the future: You'll find the Vedanta share forecasts, stock quote and buy / sell signals below.According to present data Vedanta's VEDL shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Story continues VRL bought 18.5 crore shares at a price … The latest Vedanta Ltd ADR each representing 4 Shares share price. Shares in Vedanta closed above the proposed offer price on Tuesday at Rs89.05. Stock analysis for Vedanta Ltd (VEDL:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Vedanta earnings fall 51% on oil, zinc declines Jan. 29, 2016 at 3:19 a.m. Mumbai: The Vedanta Group's Twin Star Holdings and London based distressed fund V Shape Investment Management are front runners to take over debt laden Videocon Industries as the committee of creditors start final consultations before voting on the proposals. London-based Vedanta Resources (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. Vedanta Ltd Share Price- Get Vedanta Ltd Stock/Share prices. Could someone please tell me the consequences of holding Ved shares (the FTSE listed ones )in a practical sense, if, as seems likely, the Owners decide to de-list Ved from London and move it to India. here to help. VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website. Vedanta Resources (VED) Find out how to deal online from £1.50 in a SIPP , ISA or Dealing account . facebook shares. Vedanta said the offer price of 825 pence per share values the company at 2,325 million pounds and is 27.6% higher than Friday’s closing price of 647 pence a share. They were trading at around Rs80 on Monday before rumours of the deal leaked into the market. Price target in 14 days: 183.305 INR. shareholders who do not accept the offer), and all such shareholders shall be paid USD consideration by cheque issued by Computershare. - But share price of BPCL has plunged by nearly a fifth since the time the strategic sale was approved in November last year. Vedanta Holdings Mauritius II, a part of Vedanta Limited's promoter group bought around 18.5 crore shares in the Indian listed company at a price of about Rs. Such announcement will state prominently the total numbers of Vedanta Shares which Volcan Investments may count towards the satisfaction of the Acceptance Condition and will specify the percentages of each class of securities represented by these figures. The most active stock market forums in the UK. For example, will it be the exchange rate at the time of “compulsory purchase”, or that on 31 August or that back when the offer was made in July? Shares in Vedanta Resources are currently trading at 832.6p and the price has moved by -1.64% over the past 365 days. But share price of BPCL has plunged by nearly a fifth since the time the strategic sale was approved in November last year. On top of these legal, financial and governance issues, prices for Vedanta Resources’ two key minerals, copper and zinc – which have each lost more than 20% of their value since the start of the year – have fallen due to the coronavirus pandemic, bringing down the company’s share price in London, which has plunged 59% since 1 January. In terms of relative price strength - which takes into account the overall market trend - the Vedanta Resources price has moved by 11.77% over the past year. The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. London-based VRL last week raised its stake in Vedanta to 55.11 per cent by buying from open market shares worth Rs 2,959 crore. Imagine what the full, Vedanta rises 2% as board to consider interim, Note: This is from Mid december but thought it was worth reading in case it was missed. Price trends tend to persist, so it's worth looking at them when it comes to a share like Vedanta Resources. Vedanta said the offer price of 825 pence per share values the company at 2.324 billion pounds and is 27.6 per cent higher than Friday's closing price of 647 pence a share. In relation to your query, I’m afraid the number of shareholders who have agreed to the Offer nor their percentage holding is publicly available. Shares provides unbiased commentary, ideas, views and news on stocks, funds, pensions and savings. Ved has not benefited from recent oil price rise although it has a share in some prolific fields in India but again the setup, pricing and structure seems to be too complicated to figure out why not. In other words what will happen to the "old" Ved. And their percentage holding? London-based Vedanta Resources raises stake in India unit to 55.1% VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website Topics I am very surprised even shocked when I compare VED to its peers. “Met Anil Agarwal Ved ji during my London visit. 14/12/2020 10:02:42 1-888-992-3836 Free Membership Login Our analysts have selected this fund for the Wealth Shortlist. My valuation model shows that the intrinsic value for the stock is £33.12, but it is currently trading at £7.23 on the share market, meaning that there is still an opportunity to buy now. View recent trades and share price information for Vedanta Ltd ADR each representing 4 Shares The time the strategic sale was approved in November last year trading at around Rs80 on.. Latest Vedanta Ltd ADR each representing 4 shares share price check Vedanta Ltd - ADR ). Has moved up over 100 per cent stake in Vedanta 10 cents last week raised its stake in to! 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