Vedanta shares steady after second interim dividend announced; should you buy, sell or hold?
Published on 22/08/2025 12:32 PM
Vedanta shares: Shares of Vedanta Ltd edged higher on Friday after the company announced a second interim dividend of Rs 16 per share for the financial year 2025–26. The stock rose 1.14 per cent to touch an intraday high of Rs 452, before paring gains to trade marginally lower at Rs 446.70 on the NSE by 10 am. In contrast, the broader Nifty 50 index was down 0.50 per cent at that time.
As of 12:25 pm, Vedanta shares were trading flat.
The company’s board approved the dividend post market hours on Thursday, with a record date set for August 27. The dividend payout will result in a total cash outflow of around Rs 6,256 crore.
This is Vedanta’s second dividend this fiscal year. The company had earlier announced a Rs 7 per share dividend in June, funded primarily through inflows from Hindustan Zinc. In the previous financial year (FY25), Vedanta distributed a total of Rs 43.5 per share, amounting to over Rs 17,000 crore in payouts.
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Global brokerage Citi has reiterated its ‘Buy’ rating on Vedanta, setting a target price of Rs 500 per share. It expects FY26 dividend at around Rs 40 per share, though noted that near-term upside in the stock may be capped due to concerns around delays in the demerger process.
Trading volumes were strong in early hours, with turnover reported at over six times the stock’s 30-day average. The Relative Strength Index (RSI) stood at 54, suggesting neutral momentum.
Vedanta’s stock has declined 2.8 per cent over the past 12 months.
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Senior Sub-editor at Zee Business English
shweta.shukla@India.com
Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.