Vedanta Stock Price: Company Declared Successful Bidder for a Critical Mineral Auction

Synopsis: Vedanta Limited has won the Depo Graphite–Vanadium Block under the government’s critical mineral auctions, strengthening its resource base and expanding its presence in minerals vital for the energy transition.

Vedanta is a diversified natural resources company engaged in mining and oil & gas, operating across metals like zinc, aluminium, copper, iron ore, and silver, with a presence in India and several global markets, and is now in focus after being declared a successful bidder in a government auction.

With a market capitalisation of Rs. 2,39,961 cr, the shares of Vedanta Ltd are currently trading at Rs. 614 per share, increasing 2.5% in today’s market session, making a high of Rs. 616, from its previous close of Rs. 601.10 per share. The stock is currently trading at an all-time high, having delivered strong returns of 39% over the past year, 33% in the last six months, and 15% in the past month.

Vedanta Limited has been declared the successful bidder for the Depo Graphite–Vanadium Block under Tranche IV of the Critical Mineral Auctions conducted by the Ministry of Mines, Government of India. 

The award marks an important strategic addition to Vedanta’s resource base and strengthens its presence in the critical minerals segment, which is increasingly important for energy transition, advanced manufacturing, and strategic industries. The acquisition of the Depo Graphite–Vanadium Block aligns with Vedanta’s long-term focus on securing key mineral assets and expanding its portfolio in minerals essential for future technologies.

About the company 

Vedanta Limited is a leading Indian multinational natural resources company that operates across sectors such as oil and gas, zinc, aluminium, iron ore, copper, steel, power, and other minerals. The company is a key player in India’s metals and mining industry, with operations in India and abroad, and focuses on sustainable development, large-scale production, and value creation across its businesses.

The company shows strong profitability indicators, with a Return on Capital Employed (ROCE) of 25.3% and a Return on Equity (ROE) of 38.5%, reflecting efficient use of capital and shareholder funds. Its stock P/E ratio of 18.8 remains well below the industry average P/E of 51.1, indicating potential relative undervaluation. 

On a year-on-year basis, the company reported sales growth of about 6%, rising to Rs. 39,868 crore in Q2FY26 from Rs. 37,634 crore in Q2FY25. EBITDA increased by nearly 16% to Rs. 11,396 crore from Rs. 9,828 crore, indicating improved operating performance. However, net profit declined by around 38% to Rs. 3,479 crore from Rs. 5,603 crore, while EPS fell sharply by about 59% to Rs. 4.60 from Rs. 11.13.

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