Vedanta Group's market cap surges ₹2.2 lakh crore in FY25; outpaces Reliance Industries, Mahindra Group, Tata Group

Vedanta Ltd and Hindustan Zinc Ltd, key entities within the Vedanta Group, have significantly bolstered investor wealth with their combined market valuation increasing substantially between March 28 and June 20, 2024.

Update: 2024-06-20 17:09 GMT

Vedanta Group's market cap surges ₹2.2 lakh crore in FY25

The market capitalization of the Vedanta Group has surged impressively by more than ₹2.2 lakh crore in the fiscal year 2025 so far, as per data from stock exchanges. This growth has outpaced many other leading businesses including Reliance Industries, Mahindra Group, and Tata Group during the same period.

Vedanta Ltd and Hindustan Zinc Ltd, key entities within the Vedanta Group, have significantly bolstered investor wealth with their combined market valuation increasing substantially between March 28 and June 20, 2024. This surge has been driven by several factors including a proposed demerger, focused efforts by management on reducing debt, and notable improvements in earnings.

To further bolster its financial position, Vedanta Ltd has announced plans to raise ₹1,000 crore through the issuance of secured, rated, and redeemable non-convertible debentures (NCDs). This decision underscores Vedanta's strategic initiatives aimed at sustaining growth across its zinc, aluminium, oil & gas, and power businesses.

The robust performance of Vedanta and Hindustan Zinc stocks, which have doubled from their 52-week lows, reflects strong market confidence amidst favorable commodity prices and effective cost optimization strategies. Analysts remain optimistic about Vedanta's prospects, anticipating continued profitability supported by ongoing growth projects and enhanced investor interest as evidenced by rising institutional holdings.

On the stock market front, Vedanta shares surged by 4.86% to ₹470.25, while Hindustan Zinc climbed 2.29% to ₹647.65 on the BSE, reaching their all-time highs recently. This trajectory highlights Vedanta Group's resilient performance and strategic focus on sustainable growth in the evolving economic landscape.

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