−68% from the high · +1.9% from the low
Long unwinding into a 26-day expiry: futures OI −2.0% on a −2.7% day, the most call OI sits at 260, the most put OI at 260, max pain 260.
VEDL futures closed at ₹251.45, −0.2% to spot, with 98% of open interest in the 27 Oct contract, and the 250 straddle prices a move of about ±7.0% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹251.45 | −0.60−0.2% | −3.3% | 45,000▼ −2.2% · −1,000 lots | 98 | 5,200 |
| 23 Nov53 days | ₹252.80 | +0.75+0.3% | +2.0% | 900▲ +8.6% · +71 lots | 2.0 | 200 |
| 29 Dec89 days | ₹253.15 | +1.10+0.4% | +1.8% | 30▲ +150.0% · +18 lots | 0.07 | 28 |
2.0% of futures OI sits beyond the 27 Oct contract · 36 of 46 listed contracts traded · 30,000 option contracts changed hands
The 250 straddle closed at ₹17.60 (call 9.60 + put 8.00), pricing a move of about ±7.0% by the 27 Oct expiry. In the last 253 windows of 19 sessions, VEDL moved more than that 137 times.
After the last 8 bulletins, VEDL closed higher five sessions later in 0 of 4.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 30 SeptVedanta approves ₹2,000 crore NCD allotment | ▼ −2.7%Nifty −0.9% · −1.8 pp | —not reached | —not reached | ▼ −2.0%long unwinding |
| 30 SeptVedanta demerger performance review after three months | ▼ −0.4%Nifty −0.4% · 0.0 pp | ▼ −3.1%Nifty −1.3% · −1.8 pp | —not reached | ▼ −1.3%long unwinding |
| 29 SeptVedanta stock drops 7% after massive block deal | ▲ +0.4%Nifty −0.3% · +0.7 pp | 0.0%Nifty −0.7% · +0.7 pp | —not reached | ▲ +1.4%long build-up |
| 28 SeptExplosion at Vedanta power plant kills 11 workers | ▲ +0.4%Nifty −0.3% · +0.7 pp | 0.0%Nifty −0.7% · +0.7 pp | —not reached | ▲ +1.4%long build-up |
| 21 SeptVedanta releases encumbrances on promoter stake after debt repayment | ▼ −2.6%Nifty +0.3% · −2.9 pp | ▼ −1.7%Nifty −0.1% · −1.6 pp | ▼ −3.2%Nifty −2.4% · −0.8 pp | 0.0%long unwinding |
| 20 SeptVedanta stock rises 3% ahead of interim dividend announcement | ▼ −2.6%Nifty +0.3% · −2.9 pp | ▼ −1.7%Nifty −0.1% · −1.6 pp | ▼ −3.2%Nifty −2.4% · −0.8 pp | 0.0%long unwinding |
| 20 SeptVedanta Iron & Steel shares encumbered for $400 million bond | ▼ −2.6%Nifty +0.3% · −2.9 pp | ▼ −1.7%Nifty −0.1% · −1.6 pp | ▼ −3.2%Nifty −2.4% · −0.8 pp | 0.0%long unwinding |
| 20 SeptVedanta Iron & Steel shares encumbered for $400 million bond | ▼ −2.6%Nifty +0.3% · −2.9 pp | ▼ −1.7%Nifty −0.1% · −1.6 pp | ▼ −3.2%Nifty −2.4% · −0.8 pp | 0.0%long unwinding |
Revenue ₹24,205 cr, −36% on a year earlier; profit ₹7,918 cr, +78% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 30 Jul | ₹24,205 cr | ▼ −36% | ₹7,918 cr | ▲ +78% | 13.93 | ▼ −1.2%Nifty +0.3% · −1.5 pp |
| Mar 2026filed 29 Apr · audited | ₹24,609 cr | ▼ −39% | ₹9,352 cr | ▲ +89% | 17.01 | ▼ −64.9%Nifty −0.7% · −64.2 pp |
| Dec 2025filed 29 Jan | ₹23,369 cr | ▼ −40% | ₹7,807 cr | ▲ +60% | 14.51 | ▼ −11.1%Nifty −0.4% · −10.7 pp |
| Sept 2025filed 31 Oct | ₹39,868 cr | ▲ +5.9% | ₹3,479 cr | ▼ −38% | 4.56 | ▲ +3.9%Nifty +0.2% · +3.8 pp |
| Jun 2025filed 31 Jul | ₹37,824 cr | ▲ +5.8% | ₹4,457 cr | ▼ −13% | 8.09 | ▼ −0.3%Nifty −0.8% · +0.5 pp |
| Mar 2025filed 30 Apr · audited | ₹40,455 cr | ▲ +14% | ₹4,961 cr | ▲ +120% | 8.85 | ▼ −1.0%Nifty +0.1% · −1.0 pp |
| Dec 2024filed 31 Jan | ₹39,115 cr | ▲ +10% | ₹4,876 cr | ▲ +70% | 9.02 | ▼ −0.3%Nifty −0.1% · −0.2 pp |
| Sept 2024filed 9 Nov | ₹37,634 cr | ▼ −3.4% | ₹5,603 cr | — | 11.18 | ▼ −0.4%Nifty 0.0% · −0.3 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹1,25,670 cr | ▼ −18% | ₹25,095 cr | ▲ +22% | 44.17 |
| FY25to Mar 2025 | ₹1,52,968 cr | ▲ +6.4% | ₹20,535 cr | ▲ +170% | 38.69 |
| FY24to Mar 2024 | ₹1,43,728 cr | — | ₹7,536 cr | — | 11.31 |
VEDL trades at 5.0 times trailing earnings, 1.4 times book value, revenue −28% over twelve months, a 8.7% dividend yield, market cap ₹99,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| VEDLVedanta Limited | 99,000 cron 1 Oct | 5.0consolidated | 1.4 | ₹252.05 |
| JAINRECJain Resource Recycling Limited | 9,700 cron 1 Oct | — | 6.3 | ₹282.50 |
| POCLPondy Oxides & Chemicals Limited | 3,300 cron 1 Oct | — | 4.2 | ₹437.00 |
| ARDEEArdee Industries Limited | 1,500 cron 1 Oct | — | — | ₹48.80 |
Promoters hold 54.7%, foreign portfolio investors 15.8%, mutual funds 4.6% and insurance companies 5.5%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 54.72▼ −1.66 pp | 56.380.00 pp | 56.380.00 pp | 56.380.00 pp | 56.38 |
| Foreign portfolio investors | 15.78▲ +1.85 pp | 13.93▲ +1.78 pp | 12.15▲ +1.07 pp | 11.08▲ +0.48 pp | 10.60 |
| Mutual funds | 4.60▼ −2.30 pp | 6.90▼ −1.53 pp | 8.43▼ −0.40 pp | 8.83▲ +0.64 pp | 8.19 |
| Insurance companies | 5.53▼ −0.19 pp | 5.72▼ −0.17 pp | 5.89▼ −0.65 pp | 6.54▼ −0.91 pp | 7.45 |
| Banks and financial institutions | 0.70▼ −0.11 pp | 0.81▼ −0.18 pp | 0.99▲ +0.11 pp | 0.88▲ +0.05 pp | 0.83 |
| Individual investors | 14.60▲ +2.51 pp | 12.09▼ −0.03 pp | 12.12▼ −0.17 pp | 12.29▼ −0.19 pp | 12.48 |
| Bodies corporate | 3.07▼ −0.14 pp | 3.21▼ −0.09 pp | 3.30▲ +0.14 pp | 3.16▼ −0.06 pp | 3.22 |
| Government | 0.060.00 pp | 0.060.00 pp | 0.060.00 pp | 0.060.00 pp | 0.06 |
| Other foreign holders | 0.040.00 pp | 0.040.00 pp | 0.040.00 pp | 0.040.00 pp | 0.04 |
| Employee trusts | 0.16▲ +0.02 pp | 0.14▲ +0.08 pp | 0.06▼ −0.07 pp | 0.130.00 pp | 0.13 |
| Others | 0.74▲ +0.02 pp | 0.72▲ +0.13 pp | 0.59▼ −0.02 pp | 0.61▼ −0.01 pp | 0.62 |
Nothing upcoming on record; the last was a Spin Off, ex-date 30 Apr 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 30 Apr 2026 | otherSpin Off | — | 1 May 2026 | BSE |
| 27 Mar 2026 | dividend | ₹11.00 | 28 Mar 2026 | BSE |
| 26 Aug 2025 | dividend | ₹16.00 | 27 Aug 2025 | BSE |
| 24 Jun 2025 | dividend | ₹7.00 | 24 Jun 2025 | BSE |
| 24 Dec 2024 | dividend | ₹8.50 | 24 Dec 2024 | BSE |
| 10 Sept 2024 | dividend | ₹20.00 | 10 Sept 2024 | BSE |
| 2 Aug 2024 | dividend | ₹4.00 | 3 Aug 2024 | BSE |
| 4 Jul 2024 | otherAnnual General Meeting | — | — | NSE |
VEDL is −6.9% over 20 sessions against Nifty's −6.2%, 68% below its 52-week high, realised volatility 29% annualised.
| Window | From ₹ | VEDL % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹447.93 | ▼ −44% | ▼ −9.1% | −35 |
| 120 sessionssince 9 Apr | ₹736.99 | ▼ −66% | ▼ −5.7% | −60 |
| 60 sessionssince 8 Jul | ₹272.31 | ▼ −7.4% | ▼ −6.1% | −1.3 |
| 20 sessionssince 2 Sept | ₹270.70 | ▼ −6.9% | ▼ −6.2% | −0.65 |
| 5 sessionssince 24 Sept | ₹267.51 | ▼ −5.8% | ▼ −2.8% | −3.0 |
| 1 sessionsince 30 Sept | ₹258.99 | ▼ −2.7% | ▼ −0.88% | −1.8 |
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