Share of Vedanta Limited is currently trading at around Rs.276/- Existing as well as prospective investors are asking for the Vedanta share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Vedanta Limited and based on our discussion and analysis will tell you the Vedanta Share Price Target from 2023 to 2030.
Vedanta Limited is a diversified natural resources company that operates in multiple industries, including mining, oil and gas exploration, and metal manufacturing. The company is headquartered in Mumbai, India, and has operations in India and abroad.
Financial Performance: Vedanta Limited has reported steady financial performance over the past few years. The company reported revenue of INR 1,05,661 crores in FY21, a decrease of 6.8% from the previous year. However, the company reported a net profit of INR 11,845 crores in FY21, a significant increase from the INR 2,665 crores reported in the previous year. This increase in net profit can be attributed to a decrease in expenses, primarily finance costs.
The company’s EBITDA margin improved to 32% in FY21 from 24% in the previous year, primarily due to cost-cutting measures and a favorable commodity price environment. The company’s debt-to-equity ratio decreased from 1.7 in FY20 to 0.8 in FY21, indicating a reduction in debt levels.
Business Prospects: Vedanta Limited has several growth prospects in the near future. The company has announced plans to invest INR 65,000 crores in various expansion projects over the next three years. These investments will be primarily focused on expanding the company’s oil and gas exploration and mining operations. The company also plans to invest in renewable energy and new-age technologies, such as hydrogen fuel cells.
Vedanta Limited has also been actively pursuing acquisitions to expand its business. In 2020, the company acquired a 13.5% stake in Hindustan Zinc, a leading producer of zinc and silver in India. The company has also expressed interest in acquiring the government’s stake in Bharat Petroleum Corporation Limited (BPCL).
The company’s oil and gas exploration business is expected to benefit from the increasing demand for natural gas in India. Vedanta Limited has a portfolio of oil and gas assets in India and abroad, including the prolific Rajasthan block in India, which has the potential to produce significant quantities of oil and gas.
The company’s metal manufacturing business is also expected to perform well in the near future, given the increasing demand for metals in India and abroad. Vedanta Limited is one of the largest producers of aluminium, copper, and zinc in India and is well-positioned to benefit from the growth in demand for these metals.
In conclusion, Vedanta Limited has reported steady financial performance in recent years and has several growth prospects in the near future. The company’s plans to invest in expansion projects and pursue acquisitions, coupled with the favorable commodity price environment, are expected to drive growth in the coming years. The company’s diversified business portfolio and focus on new-age technologies, such as hydrogen fuel cells, also make it well-positioned to capitalize on emerging trends in the natural resources sector.
Vedanta Share Price Target 2023
Based on the above discussion and analysis, the share price of Vedanta may touch the level of around Rs.300-350 in 2023.
Vedanta Share Price Target 2024
Based on the above discussion and analysis, the share price of Vedanta is likely to touch the level of around Rs.375-425 in 2024
Vedanta Share Price Target 2025
Based on the above discussion and analysis, the share price of Vedanta is likely to remain in the range of Rs.450-500 in 2025.
Vedanta Share Price Target 2026
Based on the above discussion and analysis, the share price of Vedanta may touch the level of around Rs.525-575 in 2026.
Vedanta Share Price Target 2027
Based on the above discussion and analysis, the share price of Vedanta is likely to touch the level of around Rs.600-650 in 2027.
Vedanta Share Price Target 2028
Based on the above discussion and analysis, the share price of Vedanta is likely to remain in the range of Rs.675-725 in 2028
Vedanta Share Price Target 2029
Based on the above discussion and analysis, the share price of Vedanta is likely to touch the level of around Rs.750-800 in 2029
Vedanta Share Price Target 2030
Based on the above discussion and analysis, the share price of Vedanta is likely to remain in the range of Rs.850-900 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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